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Heritage Loses to Tullow Oil in Tax Indemnity Dispute

On June 14, 2013, the High Court in London ruled that Heritage should pay Tullow Oil c.$313 million under the terms of a tax indemnity relating to the 2010 transaction that saw it acquire Heritage oil licenses in Lake Albert,...more

9/9/2013 - Indemnification Oil & Gas Tax Liability UK

Recent Hydraulic Fracturing Trends in the United Kingdom

August is known as the “silly season” in the U.K. media. With a large part of the country on vacation, it is a month in which newspapers struggle to fill column inches. Stories emerge that would typically not receive as much...more

8/16/2013 - Fracking Natural Gas Resource Extraction Shale Gas UK

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