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Heritage-Transactions in Own Shares

LONDON, UNITED KINGDOM — (Marketwire) — 03/08/12 — Heritage Oil Plc (TSX: HOC)(LSE: HOIL), an independent upstream exploration and production company, announces that on 7 March 2012 it purchased 75,000 Ordinary Shares to be held in treasury at 162.0 pence per share. Following this purchase, Heritage Oil Plc holds 33,631,107 Ordinary Shares in treasury, and has 256,116,923 Ordinary Shares in issue (excluding treasury shares) as well as 2,811,408 exchangeable shares of no par value of Heritage Oil Corporation, each carrying one voting right in Heritage.

The total number of voting rights in Heritage, excluding treasury shares, as at 7 March 2012 is 258,928,331.

The above figure (258,928,331) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Heritage under the FSA–s Disclosure and Transparency Rules.

Notes to Editors

Contacts:
Heritage Oil Plc
Tony Buckingham
CEO
+44 (0) 1534 835 400

Heritage Oil Plc
Paul Atherton
CFO
+44 (0) 1534 835 400

Heritage Oil Plc – Investor Relations
Tanya Clarke
+44 (0) 20 7518 0838

Media Enquiries
Nick Lambert
+44 (0) 20 7861 3936

Duncan Mayall
+44 (0) 20 7861 3888

Canada
Cathy Hume
+1 416 868 1079 x231

Canada
Jeanny So
+1 416 868 1079 x225

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