Heritage Oil Buys Another 151,900 PetroFrontier Shares
04 8월 2011 - 10:05PM
Dow Jones News
Heritage Oil PLC (HOIL.LN), the oil and gas firm, Thursday
announced that it acquired 151,900 common shares of PetroFrontier
Corp. representing 0.24% of the outstanding Shares.
MAIN FACTS:
-Together with Shares already held by Heritage, the Company now
holds 7,756,600 Shares, representing approximately 12.22% of the
outstanding Shares of PetroFrontier.
-The Shares were acquired through the facilities of the TSX
Venture Exchange for an aggregate price equal to C$593,489.
-Heritage may increase or decrease its ownership of securities
of PetroFrontier depending upon future market conditions.
-Shares at 1231 GMT down 4.88% at GBP2.24 valuing the company at
GBP590.96 million.
-By Jana Weigand, Dow Jones Newswires; 44-20-7842-9314;
jana.weigand@dowjones.com
Petrofrontier (PK) (USOTC:PFRRF)
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