HDR overseas interests include Uganda, next to Heritage oil's lease at Lake Albert. Potentially this is a huge oil province.
Here's today's Heritage announcement, FWIW:
CALGARY, ALBERTA--Heritage Oil Corporation (TSX: HOC.A) today announced that the Turaco-1 Well, located in Block 3, Uganda has been drilled to a Total Depth (TD) of 2,487 meters and is being temporarily suspended.
The data from the well, including the logs acquired over the weekend, are being analyzed and the Corporation intends to make a further announcement in due course.
Heritage holds a 50% working interest in Block 3, Uganda and is the Operator, Energy Africa Uganda Limited holds a 50% working interest.
Heritage is an international oil and gas corporation, whose principal properties are situated in the Republic of Congo, Oman and Uganda. Heritage's registered office is located in Calgary, Canada.
The Company's "Class A" common shares trade on the Toronto Stock Exchange (TSX) under the symbol HOC.A.
HDR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held