Heritage Oil - History

History

The company was formed in 1992 to exploit oil reserves in Africa, the Middle East and Russia. It was first listed on the London Stock Exchange in 2008 and moved its head office from Calgary to Jersey also in 2008.

In April 2009 the company disposed of its interests in Oman in order to focus on its core assets.

In May 2009 the company discovered a major oil field following test results at the Miran gas field in Kurdistan. In November 2012, they decided to sell their remaining 49% interest to Genel Energy to repay a $294m (£185m) loan..

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