British firm buys into Libyan oil

[Dawn Cannon]

British firm buys into Libyan oil

http://www.belfasttelegraph.co.uk/bu...-16059314.html

Heritage Oil said it had paid $19.5m (£12.6m) for a 51% stake in Sahara Oil Services. Tony Buckingham, chief executive of Heritage, said his firm was "well-placed to play a significant role in the future oil and gas industry in Libya".

http://business.timesonline.co.uk/to...cle3688336.ece
Mercenary past of UK oil tycoon Tony Buckingham

Tony Buckingham is a man whose unusual career put him at the epicentre of the trade in arms and soldiers that were shipped into war-torn African states during the 1990s. He was a partner in controversial South African-based mercenary provider Executive Outcomes. And with Colonel Tim Spicer, he was one of the leading figures in Sandline International, which provided mercenaries, training and arms that were employed by the government of Papua New Guinea to quell an uprising. In other words, Buckingham was involved with the most prominent names in the 1990s world of mercenary soldiers. Now Buckingham, 56, has quietly secured a London listing for a £750m company, Heritage Oil, which he founded.