LONDON, UNITED KINGDOM--(Marketwire - Aug. 31, 2012) -
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Heritage Oil Plc (News - Market indicators)(LSE:HOIL), an independent upstream exploration and production company, announces that the Company's 2012 Interim Report and Accounts have been posted on the Company's website www.heritageoilplc.com and mailed to shareholders.
In accordance with LR 9.6.1, a copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection on the National Storage Mechanism's website, www.hemscott.com/nsm.do.
Notes to Editors
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FORWARD-LOOKING INFORMATION:
Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding production estimates and future plans and objectives of Heritage - constitute forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves and recoveries; production and operating cost assumptions; development risks and costs; the risk of commodity price fluctuations; political and regulatory risks; and other risks and uncertainties as disclosed under the heading "Risk Factors" in its Prospectus and elsewhere in Heritage documents filed from time-to-time with the London Stock Exchange and other regulatory authorities. Further, any forward-looking information is made only as of a certain date and the Company undertakes no obligation to update any forward-looking information or statements to reflect events or circumstances after the date on which such statement is made or reflect the occurrence of unanticipated events, except as may be required by applicable securities laws. New factors emerge from time to time, and it is not possible for management of the Company to predict all of these factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information.
Heritage Oil is a oil producing company based in Canada.
Its main exploration properties are MIRAN BLOCK in Iraqi, BLOCKS I AND II - ALBERT BASIN in Congo Dem. Rep. of, SANJAWI BLOCK in Pakistan, KISANGIRE AND LUKULIRO and LATHAM AND KIMBIJI in Tanzania, ZAPADNO-CHUMPASSKOYE in Russia, BLOCKS 7 AND 11 in Mali and BLOCK 3A - ALBERT BASIN and BLOCK 1 - ALBERT BASIN in Uganda.
Its stock quote reached its highest recent level on July 24, 2009 at CA$ 9.99, and its lowest recent point on June 08, 2012 at CA$ 1.60.
Heritage Oil has 2 360 000 shares outstanding.