Heritage Oil Completes Sale of its Kouakouala Interests in Congo

Source: www.gulfoilandgas.com 1/24/2007, Location: Africa

Heritage Oil Corporation has completed the sale of its 25% working interests in the Kouakouala A and B licenses Congo to the other partners in the licenses, Maurel et Prom and Burren Energy.

The Kouakouala A license contains the Kouakouala field which has been in production in since 2000. Production net to Heritage in the third quarter of 2006 averaged 186 bopd.

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