Heritage Oil Limited - Director Shareholdings
Monday, September 08, 2008 12:09 PM
Symbols: HOC

TORONTO, Sept. 8 /CNW/ - The Company was notified on 5 September 2008:

-   Michael Hibberd, Chairman, acquired 50,000 Heritage ordinary shares
    of no par value each ("shares") on the London Stock Exchange at a
    price of 215p per share through MJH Services Inc., a company which is
    wholly-owned by Mr Hibberd. His notifiable shareholding in the
    Company following this transaction is 50,000 shares representing
    0.02% of the Company's total voting rights outstanding and 1,150,000
    options to acquire shares previously granted under the Company's 2008
    Replacement Share Option Scheme; and
-   Gregory Turnbull, Director, acquired 50,000 Heritage shares of no par
    value each ("shares") on the London Stock Exchange at a price of 212p
    per share. His notifiable shareholding in the Company following this
    transaction is 350,070 shares representing 0.14% of the Company's
    total voting rights outstanding and 600,000 options to acquire shares
    previously granted under the Company's 2008 Replacement Share Option
    Scheme.
This notification is made in accordance with DR 3.1.4R (1).
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 producing properties in Oman and Russia and exploration
    projects in Uganda, the Kurdistan Region of Iraq, the Democratic
    Republic of Congo, Malta, Pakistan, Tanzania and Mali.

%SEDAR: 00010129E

(Source: CNW )

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