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

Rumours seem right Harry:

Heritage Oil PLC (Heritage) has announced the terms of a recommended acquisition by Energy Investments Global Ltd (Bidco, a wholly owned subsidiary of Al Mirqab Capital SPC) for the entire issued and to be issued share capital of Heritage by way of a Scheme of Arrangement (Scheme) on the following basis:

GBP3.20 in cash for each Heritage Ordinary share held.


Important Information & Other Key Dates:
On 30th April 2014, the Board of Directors of Heritage and Bidco announced that they had reached agreement on the terms of a recommended acquisition of Heritage by Bidco to be effected via a Scheme of Arrangement under Article 125 of the Jersey Companies Law, although Al Mirqab reserves the right to proceed by way of a Takeover Offer , should it wish to do so and with Panel consent.

The Offer values the issued and to be issued Ordinary share capital of Heritage at approximately GBP924 million and represents a premium of approximately 25.2 percent to the Closing Price of GBP2.556 per Heritage Ordinary share on 29th April 2014, this being the last Business Day prior to the announcement of the Scheme.

The Board of Heritage, having been so advised by J.P. Morgan Cazenove consider the terms of the Acquisition to be fair and reasonable.

The Scheme is subject to shareholder approval at an Extraordinary General Meeting and Court approval at a Court Meeting both to be held on 23rd June 2014. The Scheme will then be subject to Court sanctioning at a Court Hearing to be held on 27th June 2014.

Subject to acquiring the necessary approval, the Scheme is expected to become effective on 30th June 2014.

Prior to the Scheme becoming effective, an application will be made to the London Stock Exchange (LSE) for the cancellation of listing of the Heritage shares on the London Stock Exchange. Subsequently, the cancellation of admission to trading is expected to become effective on 30th June 2014, with the last day in dealings expected to be 26th June 2014.

The Scheme Proceeds are expected to be credited to your account on or after 14th July 2014. Should you retain your holding of Heritage shares, we will notify you when the cash has been credited to your account.

Should you wish to find more information about the Scheme, please visit the Heritage website, http://www.heritageoilplc.com/the-offer/documents.aspx#.

Yep, sadly I posted the rumour and then forgot all about it, so missed out on my own advice!!!
Presumably you managed to squeeze a little profit out of the t/o Bb? I know your original buy in price was quite high.

Hasn't happened yet harry, end of month and no it won't cover the £4 I'm in at.,.

TEMPORARY SUSPENSION
Heritage Oil PLC

The Financial Conduct Authority ("the FCA") temporarily suspends the securities set out below from the Official List effective from 27/06/2014 7:30 AM at the request of the company pending an announcement:

Ordinary Shares of No Par Value fully paid.