Guys, I was sent this today from xmag, a reputable hdr poster...

Guys, I was sent this today from xmag, a reputable hdr poster from yesteryear!
Subject: Heritage Oil Provides Kingfisher-2, Uganda Drilling Update


Heritage Oil Provides Kingfisher-2, Uganda Drilling Update

Heritage Oil Limited ("Heritage" or the "Company")

CALGARY, June 30 /CNW/ - Heritage Oil Limited (LSE: HOIL), an independent
upstream exploration and production company, is pleased to announce that the
Kingfisher-2 exploration and appraisal well in Block 3A, Uganda, has currently
reached a drilled depth of 2,922 metres. Excellent oil shows have already been
encountered over a gross vertical interval of approximately 105 metres from
three potential sandstone reservoir zones. Preliminary interpretation of the
zones, prior to wireline logging, indicates they could be the lateral
equivalent of three pay zones which production tested at a combined flow rate
of 9,773 barrels of oil per day in the Kingfisher-1 well. Kingfisher-1 was
completed in early 2007 and is located approximately 1.5 kilometres to the
south-west of Kingfisher-2.
The Kingfisher-2 well is designed to appraise reservoir zones discovered
by the Kingfisher-1 well, as well as explore a deeper potential objective not
previously reached due to the limitations of the rig that was used to drill
Kingfisher-1. When a total anticipated depth of approximately 4,100 metres has
been reached, it is planned to also production test prospective zones of
Kingfisher-2.
Tony Buckingham, CEO, commented:
"We are delighted to have encountered excellent oil shows over such a
large vertical interval. This is very encouraging for increasing oil reserves
in the Albert Basin and we look forward to undertaking successful production
tests later this summer."
Heritage has a 50% interest in Block 3A with Tullow Oil as partner for
the remaining 50%.
http://www.newswire.ca/en/releases/archive/June2008/30/c8861.html