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

cynic MRW holding up nicely ex div 5 weeks 8 .37p

MRW - indeed; am almost tempted to buy more even if that would take me o'weight

cynic div to rise by double figures for the next 3 years and buy back 1b of stock

Dear john,

A 'yes' vote in the AV referendum on May 5th would be a disaster for our democratic system.

It would mean candidates who finish third winning elections, and an end to the principle of One Person, One Vote - because under AV, supporters of extreme parties would get their vote counted more times than supporters of mainstream parties.

So we need to do all we can to ensure a 'No' vote on May 5th - which is why I'm asking you to please join The No to AV Group today.

from dc today

Fox-Davies Capital Newsflash 7:56 am

Heritage Oil (HOLD, 4.20) (LON:HOIL, 289.9p, ▼ 0.38%)
..... As previously announced, Heritage's position, based on comprehensive advice from leading tax experts in Uganda, the United Kingdom and North America, is that the sale of Heritage's Ugandan interests to Tullow, which compl eted in July 2010, is not taxable in Uganda. On 26 July 2010, when the sale completed and funds were received, Heritage deposited US$121.5m with the Uganda Revenue Authority and deposited US$283.4m in an escrow account at Standard Chartered Bank in London. Following the Tullow announcement, Heritage is reviewing its options to resolve this tax dispute, including commencing arbitration proceedings to reclaim the monies deposited in escrow in London and on deposit with the Uganda Revenue Authority, totalling US$404.9m. The production sharing agreements for Blocks 1 and 3A state arbitration proceedings will be held in London.

Fox-Davies Comment: As reported in our flashnote yesterday, we have increased our risked valuation of Heritage Oil by 20p to account for the probability that the Company could recover the US$404.9m of alleged tax liability. Our revised price target is 420p.

nice . yes good to hold

the guy who put out the bid rumours must have made a tidy sum

going back above 300p soon in my view

going back above 300p soon in my view

.

post 498

doubt it infrastructure cost too high for now

at this price its looks vunerable as a take over target as it did afew weeks ago when price was 2.85

rumour mill says there might be some news this weekend

I don't know anything about this company myself but the share graph indicates another exploration company which is not living up to its shareholders hopes and dreams .
Investment in such shares is not for the faint-hearted.

good news sp should rise steadly over thee coming weeks

HOIL has halved its sp since the beginning of this year.

currently buying back 10% of shares in issue at a cost of $100m, they have bought around 15m shares with around 10m to go yet their sp continues to fall, is this an exercise in wasting shareholders cash?

Nice rise from today and long overdue.

is the share buyback beginning to help their sp?