Prospectus re Admission to the Official List - Heritage Oil

PART XI—DEFINITIONSThe following definitions apply throughout this document, except in Part III of this document and Part VIIof this document, unless the context otherwise requires:‘‘ABCA’’the Business Corporations Act (Alberta), as amended‘‘Act’’‘‘Admission’’‘‘Aegis’’‘‘Affiliate’’‘‘Afren’’‘‘Alberta CallCo’’‘‘Articles’’‘‘Articles of HOC’’‘‘Arrangement Agreement’’‘‘Audit Committee’’‘‘Beneficiaries’’‘‘Board’’ or ‘‘Directors’’‘‘BRA’’‘‘Burren Energy’’‘‘Business Day’’‘‘CallCo Redemption Call Right’’the Companies (Jersey) Law 1991, and the regulationspromulgated thereunder as each may be amended from time totimeadmission of the Ordinary Shares and the Exchangeable Sharesto the Official List and to trading on the London StockExchange’s main market for listed securities becoming effectiveAegis Defence Services Ltd.has the meaning ascribed to such term in the ABCAAfren PCL1381890 Alberta ULC, a wholly owned subsidiary of DutchCoincorporated under the laws of Albertathe articles of association of the Companythe articles of association of HOC, as amendedthe agreement entered into in connection with the Plan ofArrangement between the Company, DutchCo and AlbertaCallCo on 22 February 2008 and described in section 1 ofPart IX of this documentthe audit committee of the Companythe registered holders (other than the Company and itsaffiliates) of the Exchangeable Sharesthe directors of the Company as at the date of this documentwhose names are set out on page 27 of this documentBougainvill Revolutionary ArmyBurren Energy PLCmeans any day on which commercial banks are generally openfor business in Jersey and Calgary, Alberta other than aSaturday, a Sunday or a day observed as a holiday in Jersey or inCalgary, Alberta under the laws of Canada or any jurisdictionthereinmeans the right, but not the obligation,(a) notwithstanding the right of the holders of ExchangeableShares to require HOC to redeem any or all of theirExchangeable Shares for Ordinary Shares, to purchaseExchangeable Shares that are the subject of a RetractionRequest for an amount per Exchangeable Share(the ‘‘Redemption Call Purchase Price’’) equal to theCurrent Market Price of an Ordinary Share on the lastBusiness Day prior to the Retraction Date which shall besatisfied in full by CallCo causing to be delivered to suchholder on Ordinary Share, plus to the extend not paid, anadditional amount equivalent to the full amount of all294