Heritage Oil Plc6th Floor, 27 Knightsbridge, London, Greater London, United Kingdom

Material corporate transactions undertaken in 2012 provided a balance to the portfolio with assets that include significant production and reserves. The joint venture company Shoreline Natural Resources Limited (“Shoreline”), created in partnership with Nigerian company Shoreline Power, has established an indigenous company which will provide a platform for further growth within the country. Through Shoreline, Heritage acquired an interest in OML 30, a world class asset. OML 30 lies onshore the Niger Delta in one of the most prolific oil provinces in the world and includes eight producing fields with oil and gas contained in numerous stacked reservoirs. 

Heritage typically focuses on regions which may have been overlooked and where it can participate as an early entrant. The asset portfolio provides both geographical and operational diversification.