Heritage Oil Provides Uganda Update

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES.


Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and
production company, notes the recent announcement by Tullow Oil plc ("Tullow")
relating to Tullow's operations in the Republic of Uganda ("Uganda") (the
"Announcement") and makes the following clarification. 


Contained in the Announcement is a statement by Tullow that: "In line with
Ugandan dispute resolution procedures under the Uganda Income Tax Act, US$121
million was paid to the URA and Tullow and Heritage agreed to deposit US$283
million into an escrow account in London pending resolution of the dispute
through a tax tribunal in Kampala."


As previously announced, Heritage's position, based on comprehensive advice from
leading tax experts in Uganda, the United Kingdom and North America, is that the
sale of Heritage's Ugandan interests to Tullow, which completed in July 2010, is
not taxable in Uganda. On 26 July 2010, when the sale completed and funds were
received, Heritage deposited US$121.5 million with the Uganda Revenue Authority
("URA") and deposited US$283.4 million in an escrow account at Standard
Chartered Bank in London. 


Following the Announcement, Heritage is reviewing its options to resolve this
tax dispute, including commencing arbitration proceedings to reclaim the monies
deposited in escrow in London and on deposit with the URA, totalling US$404.9
million. The production sharing agreements for Blocks 1 and 3A state arbitration
proceedings will be held in London. 


Notes to Editors 



--  Heritage is listed on the Main Market of the London Stock Exchange and
    is a constituent of the FTSE 250 Index. The trading symbol is HOIL.
    Heritage has a further listing on the Toronto Stock Exchange (TSX:HOC) 
    
--  Heritage is an independent upstream exploration and production company
    engaged in the exploration for, and the development, production and
    acquisition of, oil and gas in its core areas of Africa, the Middle East
    and Russia 
    
--  Heritage has a producing property in Russia and exploration projects in
    the Kurdistan Region of Iraq, the Democratic Republic of Congo, Malta,
    Pakistan, Tanzania and Mali 
    
--  All dollars are US$ unless otherwise stated 
    
--  For further information please refer to our website,
    www.heritageoilplc.com 



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FORWARD-LOOKING INFORMATION: 

Except for statements of historical fact, all statements in this news release -
including, without limitation, statements regarding production estimates and
future plans and objectives of Heritage - constitute forward-looking information
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate; actual results and future events
could differ materially from those anticipated in such statements. Factors that
could cause actual results to differ materially from anticipated results include
risks and uncertainties such as: risks relating to estimates of reserves and
recoveries; production and operating cost assumptions; development risks and
costs; the risk of commodity price fluctuations; political and regulatory risks;
and other risks and uncertainties as disclosed under the heading "Risk Factors"
in its Prospectus and elsewhere in Heritage documents filed from time-to-time
with the London Stock Exchange and other regulatory authorities. Further, any
forward-looking information is made only as of a certain date and the Company
undertakes no obligation to update any forward-looking information or statements
to reflect events or circumstances after the date on which such statement is
made or reflect the occurrence of unanticipated events, except as may be
required by applicable securities laws. New factors emerge from time to time,
and it is not possible for management of the Company to predict all of these
factors and to assess in advance the impact of each such factor on the Company's
business or the extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any forward-looking
information.
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