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Heritage Oil

Recent Articles

Heritage Reviews Ugandan Tribunal Decision
Thursday, April 04, 2013 Heritage Oil says it is reviewing a decision on jurisdictional challenges raised by the Ugandan government in an arbitration tribunal.
Heritage Oil to Farm-In to PNG Licenses
Tuesday, April 02, 2013 Heritage Oil agrees with LNG Energy Ltd. to farm-in to two licenses onshore Papua New Guinea (PNG).
Genel Completes Purchase of 49% of Miran Block
Wednesday, January 23, 2013 Genel Energy completes acquisition of the remaining 49 percent participating interest in the Miran exploration block in Kurdistan.
Genel Increases Stake in Kurdistan's Miran Field
Tuesday, August 21, 2012 Genel Energy buys 26-percent stake from Heritage Oil in move aimed at solidifying Genel as Kurdistan's "leading" oil and gas company.
Heritage to Make 'Bold and Ambitious' Acquisition in Nigeria
Monday, July 02, 2012 Heritage Oil plans to buy 45-percent interest in OML 30 for $850 million.
Heritage Oil All Smiles over Miran West 3 Results
Friday, May 18, 2012 "We are delighted with the Miran West 3 test results which give us great comfort on the extent of the primary gas reservoir and demonstrates its producibility," CEO Tony Buckingham said.
Heritage Oil IDs Gas Find in Kurdistan
Tuesday, April 03, 2012 Heritage Oil has discovered a new gas find at the Miran West-3 well in the Kurdistan region of Iraq.
Heritage Oil Spuds Miran East Well in Kurdistan
Thursday, March 08, 2012 Heritage said that the Miran East-1 is the first well to be drilled on a "highly prospective" eastern structure.
Heritage Oil Adds Acreage in Tanzania
Wednesday, January 25, 2012 Heritage Oil Plc has been awarded a further Production Sharing Agreement in Tanzania.
Heritage to Appeal Uganda Ruling In Capital Gains Tax Dispute
Thursday, November 24, 2011 Uganda's tax appeals tribunal rules against Heritage Oil's challenge to taxes of at least $404M on the sale of its interests in the country last year.
Heritage Seeks Rig for Kurdish Drilling
Wednesday, November 16, 2011 Heritage is looking to contract at least one rig to continue the drilling program across the Block in 2011 which will include an exploration well on the Miran East structure.
Heritage Expands Acreage in Tanzania with PSA
Tuesday, November 01, 2011 Heritage Oil has been awarded a further Production Sharing Agreement ("PSA") in Tanzania and is the operator with 100% interest.
Uganda Interior Minister to Resign As Graft Charges Rock Oil Sector
Friday, October 14, 2011 Uganda's internal affairs minister said he would resign his position to pave the way for a smooth investigations into graft allegations in the oil sector.
Heritage Wraps Up Testing at Miran West-3 Well
Wednesday, October 05, 2011 Heritage Oil has completed testing of the oil bearing Upper Cretaceous reservoir in the Miran West-3 well in the Kurdistan Region of Iraq ("Kurdistan").
Heritage Gains Access to Libyan Oil Industry with Acquisition
Tuesday, October 04, 2011 Heritage Oil has acquired a controlling 51% interest in SOSH which holds the necessary long term permits and licenses to provide oil field services in Libya.
Heritage Bumps Production at Russian Field
Tuesday, August 16, 2011 Heritage announced that the drilling and testing of horizontal well 363 has been completed in the Zapadno Chumpasskoye Field in Russia, resulting in a significant increase in production.
Heritage Commences Drilling in Kurdistan
Monday, August 08, 2011 Heritage Oil has commenced drilling the Miran West-3 well in the Kurdistan Region of Iraq ("Kurdistan").
Heritage Highlights 2010 Activities
Tuesday, April 19, 2011 "The sale of the Ugandan Assets in 2010 has provided Heritage with a strong balance sheet for activities within the current portfolio and the ability to appraise further opportunities to generate value for shareholders," said Tony Buckingham.
Heritage to Commence Multi-Well Exploration Program at Miran Block
Monday, April 18, 2011 Heritage has signed a rig contract with DaQing International to supply the rig to commence a multi-well exploration and appraisal drilling campaign on the Miran Block.
Heritage Unlocks 'One of The Largest' Gas Finds in Iraq
Wednesday, January 26, 2011 The Miran-West 2 discovery could contain between 6.8-9.1 Tcf of natural gas, making it one of the largest gas fields to be discovered in Iraq.