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Heritage Oil, now on the main market near you ! (HOIL)     

required field - 04 Apr 2008 22:45

Another newcomer to the main market...anybody any idea what the production figures are ?

dealerdear - 27 Aug 2010 07:50 - 258 of 593

Can't see anything good in the results at all.

Very poor

watcher - 29 Aug 2010 17:24 - 259 of 593

would they want to hook up with SEY or GKP for some short term reserve buying....perhaps r.f. might shed somelight on that......or is it gonna be sometime until they get a drill/exploration contract......interesting speculation of course

required field - 04 Oct 2010 16:25 - 260 of 593

Must be an update coming soon on the well and it might be good....people have forgotten about this one...dividend out of the way and some progress must have been made.

required field - 06 Oct 2010 08:38 - 261 of 593

Starting to shoot up.....positive testing coming ?.....hope so....if there is a place in the world that has oil : it's Iraq......

HARRYCAT - 06 Oct 2010 08:40 - 262 of 593

It was the special divi which knocked this back (from the Uganda disposal).

required field - 06 Oct 2010 08:42 - 263 of 593

Looks like a great graph to me....has this bottomed out ?.....time to jump in...I would say....

moneyman - 06 Oct 2010 09:37 - 264 of 593

Should have Miran 2 news later this month.

cynic - 06 Oct 2010 10:59 - 265 of 593

maybe, but sp could just be following general market sentiment ....

Chart.aspx?Provider=EODIntra&Code=HOIL&S

required field - 08 Oct 2010 10:44 - 266 of 593

Fkying...broker upgrade....

required field - 08 Oct 2010 10:53 - 267 of 593

I reckon that this is going back to 400p....and there should be good results from the well shortly.....

HARRYCAT - 08 Oct 2010 11:06 - 268 of 593

StockMarketWire.com
"Heritage Oil is UBS's top pick in the European E&P space. Analyst Melanie Savage initiates coverage with a buy rating and 430p target price.

She says the company has high-impact exploration projects in Iraqi Kurdistan and Malta, as well as ongoing leads and prospects in Pakistan, Tanzania and Mali.

It currently produces around 600b/d of oil in Russia and reported 2009 2P reserves of 60Mboe. Around 40% of group NAV is from Iraqi Kurdistan.

'Heritage provides exposure to relatively low-risk high-impact exploration upside in Iraqi Kurdistan and Malta in the near term; we see 92% unrisked upside over the coming year.

'At 79%, Heritage's historical exploration and appraisal success rate is high relative to peers. Additional NAV upside would be provided by a positive resolution of a tax dispute in Uganda and a licence legality dispute in Iraqi Kurdistan.

'Heritage gains access to low geological risk exploration by operating in areas of relatively high political risk. The company seeks to enter countries where it believes it can manage specific country risks.

'We believe Heritage is unlikely to lose its Miran licence in Iraq, in contrast to the market-implied 80% chance of loss.'

cynic - 08 Oct 2010 11:12 - 269 of 593

JPM lowers price target!

HARRYCAT - 08 Oct 2010 11:14 - 270 of 593

From what to what?

required field - 08 Oct 2010 11:19 - 271 of 593

If and I think there are good results coming,.... 400p plus is a very strong possibility...perhaps a lot more....

cynic - 08 Oct 2010 11:28 - 272 of 593

sorry harry but can't find - need to ask IG what they have done with their reuters bit
=========
prob at reuters end

required field - 08 Oct 2010 11:39 - 273 of 593

Bought a few more...even though oil is slipping....this has to rise..

required field - 08 Oct 2010 16:41 - 274 of 593

Excellent day here....

required field - 11 Oct 2010 09:15 - 275 of 593

Top of the ftse 350 board....

cynic - 11 Oct 2010 09:58 - 276 of 593

thanks for the heads up on this one RF .... bought a 50% stake on friday

Chris Carson - 11 Oct 2010 17:17 - 277 of 593

This one looks like it has further to go, what's the spread like cynic? Never traded it before, if not too volatile may be worth a wee punt.
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