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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 ?

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.

cynic - 11 Oct 2010 17:33 - 278 of 593

ask me in the morning when the markets are open as can't tell now ..... from memory, it's pretty tight

Chris Carson - 11 Oct 2010 17:45 - 279 of 593

Cheers cynic, on my watch list.

required field - 27 Oct 2010 11:38 - 280 of 593

Performing today....good news coming ?....nice upward trend....

HARRYCAT - 18 Nov 2010 08:24 - 281 of 593


HERITAGE OIL INTERIM MANAGEMENT STATEMENT
Heritage Oil Plc issues its Interim Management Statement for the period from 1 July 2010 to 17 November 2010, in accordance with reporting requirements of the EU Transparency Directive.

Highlights
The Miran West-2 well, in the Kurdistan Region of Iraq, has reached a total depth of 4,426 metres

The well has encountered indications of hydrocarbons from intervals within the Cretaceous, Jurassic and Triassic in excess of 2,500 metres

Numerous zones for testing have been identified and testing operations have commenced

Production in Russia averaged 516 bopd for the third quarter of 2010

As at 30 September 2010, Heritage's cash position was $614 million, excluding reserved amounts related to the tax dispute in Uganda.

HARRYCAT - 18 Nov 2010 12:30 - 282 of 593

FT sector watcher's view on this today:
"HOIL has finally reached TD of 4,426 metres with its Miran West exploration well in Kurdistan, almost a full year after spudding. Whilst there have been indications of hydrocarbons in the Cretaceous, Jurassic and Triassic zones, these have yet to be proved commercial. In order to do this, the group says that it will test a number of these zones over a total 2,500 metres, with testing having already commenced and expected to take another couple of months to complete. Hence the jury is still largely out on HOIL, although we would take the existence of numerous zones as being encouraging. Valuation-wise it is difficult to make a definitive call on Miran West given the pre-drill estimate of 1.15-2.94bn barrels of recoverable oil, as well as uncertainties over recovery factors, but if we assume the lower end of this range and 50% recovery we get to around 450p/share net to HOIL's 56% assumed diluted interest. Add in $600m of cash and we get to almost 600p/share. There's also a disputed sum of $400m held in Uganda, worth a further possible 90p/share. On balance then I think I'd continue holding the stock, although the shares may not do much until we have a definitve result from Kurdistan."

required field - 07 Dec 2010 09:45 - 283 of 593

Going really well here...nice....

skyhigh - 07 Dec 2010 18:30 - 284 of 593

'bout time as well!

pumben - 23 Dec 2010 17:30 - 285 of 593

Still moving north, news coming ?? Has been very slow compared to other ollies ! can it reach 5.00 by end of the year ?

Balerboy - 23 Dec 2010 17:50 - 286 of 593

at last back in the money...

cynic - 05 Jan 2011 15:57 - 287 of 593

not massive volume, but some pretty aggressive buying here this afternoon

skyhigh - 05 Jan 2011 19:45 - 288 of 593

Yep, looks good!

cynic - 26 Jan 2011 08:11 - 289 of 593

just about on way to airport, but i must be very thick indeed or missed something ...... HOIL seem to release a very excting RNS and sp slumps ..... what's going on????????????

required field - 26 Jan 2011 08:12 - 290 of 593

I sold just a few days ago...perhaps it's that ?....market expecting oil instead of gas ?....

dealerdear - 26 Jan 2011 08:13 - 291 of 593

Good point cynic.

I'm astonished!

required field - 26 Jan 2011 09:15 - 292 of 593

Bought back in.....difficult to time....but it's a massive discovery......
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