CALGARY, ALBERTA--(Marketwire - June 8, 2011) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Longford Energy Inc. ("Longford" or the "Company") (TSX VENTURE:LFD) is pleased to announce that it has closed its previously announced private placement financing of 37,500,000 Units of the Company (the "Units") at a price of C$0.20 per Unit (the "Financing Price") for aggregate gross proceeds to Longford of C$7,500,000 (the "Financing"). Each Unit consists of one common share of the Company (a "Common Share") and one-half of a common share purchase warrant (each whole common share purchase warrant a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share of the Company at an exercise price of C$0.30 per Warrant until June 8, 2013. The Financing was led by Canaccord Genuity Corp. and included GMP Securities L.P. and Fraser Mackenzie Ltd. (the "Underwriters").

The Company intends to use the net proceeds of the Financing for costs associated with the exploration of the Chia Surkh Block in the Kurdistan Region of Iraq and general corporate purposes. In connection with the Financing, the Company has paid the Underwriters a cash commission of C$450,000 and has issued to the Underwriters broker warrants entitling them to acquire 2,250,000 common shares at the Financing Price until June 8, 2013. The Common Shares and the Common Shares issuable upon the exercise of the Warrants are subject to a regulatory hold period until October 9, 2011.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

About Longford Energy Inc.

Longford Energy Inc. is a junior Canadian oil and gas exploration and production company. Longford holds a 40% working interest in the Chia Surkh Block Production Sharing Contract in the Kurdistan Region – Iraq. The Block offers a field development opportunity and multiple exploration prospects.

Regulatory Statements

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the terms of the financing, the planned use of proceeds, and receipt of all regulatory approvals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of exploration activities; regulatory risks; risks inherent in foreign operations; and other risks of the oil and gas industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.