Heritage Oil: Rights issue
Issue 237
- 10 Aug 2012
| 1 minute read
Heritage Oil has published details of a $370m rights issue to part-finance its acquisition of a stake in Nigeria’s OML 30 (AE 235/18). The rights issue could see chief executive Tony Buckingham reducing his 33% stake in the company, as maintaining his stake at that level would cost him some $122m.
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