- Heritage Oil
company_name = Heritage Oil plc
company_type = Public (lse|HOX) (TSX|HOC)
key_people = Michael Hibberd, Chairman
revenue = $3.8 million (
operating_income = $(47.6) million (
net_income = $(83.2) million (
homepage = [http://www.heritageoilltd.com www.heritageoilltd.com]
Heritage Oil (lse|HOX) (TSX|HOC) is a leading
Jersey-based oil and gas exploration and production business. Its activities are focused on Africa, the Middle Eastand Russia. It is a constituent of the FTSE 250 Index. It has a secondary listing on the Toronto Stock Exchange.
The Company was formed in
1992to exploit oilreserves in Africa, the Middle Eastand Russia. It was first listed on the London Stock Exchangein 2008and moved its head office from Calgaryto Jerseyalso in 2008. [ [http://uk.reuters.com/article/oilRpt/idUKN2262279120080222 Heritage Oil to move its head office] ]
The Company is the operator and holds 50% interests in two licences in the Albert Basin of the Western Rift Valley of
Uganda. Recent exploration activity has focused on the eastern shores of Lake Albert which straddles the border of Ugandaand the Democratic Republic of Congo. The Company is also active in Kurdistan, Russia, Oman, Malta, Maliand Tanzania.
Tony Buckingham still owns 33.2% of the company.
* [http://www.heritageoilltd.com Official site]
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