CALGARY,
ALBERTA--(Marketwire - June 19, 2009) -
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Heritage Oil Limited ("Heritage" or the "Company")
(TSX:HOC)(LSE:HOIL), an independent upstream exploration and production
company, announces that at its Annual General Meeting, held yesterday,
all resolutions put to Shareholders were duly passed.
Set out below are the voting results in respect of the resolutions
proposed at the meeting. The number of ordinary shares and exchangeable
shares carrying a vote in Heritage in issue at that date was
286,443,642.
---------------------------------------------------------------------------- For Against ---------------------------------------------------------------------------- Description Votes % Votes Cast Votes ---------------------------------------------------------------------------- RESOLUTION 1 163,718,911 99.95 75,000 ---------------------------------------------------------------------------- RESOLUTION 2 137,065,605 84.62 24,903,323 ---------------------------------------------------------------------------- RESOLUTION 3 162,839,732 99.33 1,095,585 ---------------------------------------------------------------------------- RESOLUTION 4 161,692,980 98.57 2,342,337 ---------------------------------------------------------------------------- RESOLUTION 5 164,005,463 99.98 29,854 ---------------------------------------------------------------------------- RESOLUTION 6 163,461,299 99.84 258,854 ---------------------------------------------------------------------------- RESOLUTION 7 163,884,502 99.94 104,854 ---------------------------------------------------------------------------- RESOLUTION 8 114,300,167 70.43 47,988,537 ---------------------------------------------------------------------------- RESOLUTION 9 164,035,317 100.00 - ---------------------------------------------------------------------------- RESOLUTION 10 164,035,317 100.00 - ---------------------------------------------------------------------------- RESOLUTION 11 162,868,900 99.29 1,166,417 ---------------------------------------------------------------------------- RESOLUTION 12 163,959,892 99.95 75,425 ----------------------------------------------------------------------------
Change of name
Resolution 9 changes the name of the Company to Heritage Oil Plc.
Accordingly, the website address will be changing shortly to www.heritageoilplc.com.
Notes to Editors
- Heritage is listed on the Main Market of the London Stock Exchange
and is a constituent of the FTSE 250 Index. The trading symbol is HOIL.
Heritage has a further listing on the Toronto Stock Exchange (TSX:HOC).
- Heritage is an independent upstream exploration and production
company engaged in the exploration for, and the development, production
and acquisition of, oil and gas in its core areas of Africa, the Middle
East and Russia.
- Heritage has a producing property in Russia and exploration projects
in Uganda, the Kurdistan Region of Iraq, the Democratic Republic of
Congo, Malta, Pakistan, Tanzania and Mali.
- For further information please refer to our website at www.heritageoilltd.com
If you would prefer to receive press releases via email please contact
Lindsay Carpenter (lindsay@chfir.com) and specify "Heritage
press releases" in the subject line.
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.
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