Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, announces that at its Extraordinary General Meeting ("EGM"), held yesterday, all resolutions put to shareholders of the Company were duly passed.

Resolutions 1 and 2 were put to the EGM in amended form, the full text of which is set out in the supplementary circular to shareholders dated 23 August 2012. The procedural resolutions authorising Resolutions 1 and 2 to be put to the EGM in amended form and Resolution 3 not be put to the EGM were duly passed. Resolution 3 was not heard due to the cancellation of the proposed rights issue, following the completion of the sale of an interest in the Miran block, Kurdistan and receipt of the exchangeable loan announced on 22 August 2012.

Set out below are the voting results in respect of the substantive resolutions proposed at the EGM. The number of ordinary shares and exchangeable shares carrying a vote in Heritage in issue at the time of the EGM was 257,956,996.

		For		Against
		Votes	% Votes cast	Votes
Resolution 1	Approve the Acquisition of an interest in OML 30, Nigeria	156,175,298	99.92	122,178
Resolution 2	Approve the Contingent Deposit of US$80 million	156,171,448	99.92	122,178

The full text of the resolutions as originally proposed is contained in the notice of the EGM and the full text of the resolutions as proposed and passed at the EGM is contained in the supplementary circular to shareholders dated 23 August 2012.

Tony Buckingham, Chief Executive Officer, commented:

"We are delighted by the overwhelming support of our shareholders for the transformational acquisition of OML 30, which will create significant shareholder value and is cash generative upon completion. We are expecting to complete the transaction in the short term."

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 an exploration, appraisal and development asset in the Kurdistan Region of Iraq, exploration assets in Malta, Tanzania, Pakistan, Libya and the Democratic Republic of Congo and a producing property in Russia.

For further information please refer to our website, [ www.heritageoilplc.com ].

If you would prefer to receive press releases via email please contact Jeanny So ([ jeanny@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 dated 6 August 2012, as supplemented by a supplementary prospectus dated 23 August 2012, 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.

Contributing Sources

Market Wire

N@N

Heritage Oil Announces Overwhelming Support at Its EGM for the Approval of the Acquisition of an Interest in OML 30 Nigeria

Heritage Oil Announces Overwhelming Support at Its EGM for the Approval of the Acquisition of an Interest in OML 30 Nigeria