Profile: Heritage Oil PLC (HOIL.L)

Heritage Oil Plc is an independent international oil and gas exploration, development and production company in Africa, the Middle East, Russia and South Asia. The Company has a producing property in Russia, exploration projects in the Kurdistan Region of Iraq, the Democratic Republic of Congo, Malta, Pakistan, Tanzania and Mali and an investment in Libya. Some of the Company’s subsidiaries include Heritage Oil Corporation, Heritage Oil & Gas Limited, Heritage Oil and Gas (U) Limited, Heritage Energy Middle East Limited, Heritage DRC Limited, Coatbridge Estates Limited, ChumpassNefteDobycha, Heritage Mali Block 7 Limited, Heritage Mali Block 11 Limited, Begal Air Limited, Heritage Oil & Gas Holdings Limited and Eagle Drill Limited. The disposal of its interests in Blocks 1 and 3A in the Ugandan Assets to Tullow Uganda Limited was completed in July 2010. The acquisition of 300 square kilometers of three dimensional seismic offshore Tanzania was completed in January 2011.