Africa
| Block: | Marine XI |
| Location: | North Congo Basin, offshore Congo (Brazzaville). The Marine XI Block is situated adjacent to the coast in shallow waters with depths ranging up to 110 metres and covering approximately 1,400 square kilometres. |
| Operational phase: | Exploration/appraisal |
| SOCO interest: | 29% (SOCO EPC – Operator) |
| Project partners: | Lundin Petroleum (18.75%), Raffia Oil (18.75%), SNPC (15%), AOGC (10%), Petrovietnam 8.5% |
| Block: | Marine XIV |
| Location: | North Congo Basin, offshore Congo (Brazzaville). The Marine XIV Block is located in shallow water, adjacent to the Company’s Marine XI Block, and comprises three discontinuous sections located in water depths ranging up to 110 metres and covers approximately 265 square kilometres. |
| Operational phase: | Exploration |
| SOCO interest: | 29.4% (SOCO EPC – Operator) |
| Project partners: | Lundin Petroleum (21.55%), Raffia Oil (21.55%), SNPC (15%), PA Resources Congo (12.5%) |
RECENT NEWS
INTERIM MANAGEMENT STATEMENT
16 May 2012
SOCO, an international oil and gas exploration and production company, today announces its Interim Management Statement relating to the period from 1 January 2012 to 15 May 2012.
OUTLINE OF PROPOSED WORK PLAN IN BLOCK V, DRC
14 Mar 2012
SOCO, an international oil and gas exploration and production company, today announces its proposed work plan regarding its exploration permit in Block V
PRELIMINARY RESULTS
14 Mar 2012
SOCO, an international oil and gas exploration and production company, today announces its preliminary results for the year ended 31 December 2011.
Financial Highlights
Operational Highlights
OPERATIONS UPDATE
22 Dec 2011
The Company announces that its TGT Phase II development drilling operations continue offshore Vietnam ... The Makouala Marine 1 ("MKM-1") exploration well...encountered hydrocarbons in the Tchala, and in the Upper and Lower Sendji formation horizons.
INTERIM MANAGEMENT STATEMENT
1 Nov 2011
SOCO today announces its Interim Management Statement ...Production from the first phase of Te Giac Trang...Batch drilling on the second phase ...
Te Giac Den 3D seismic ...Three well exploration campaign
OPERATIONS UPDATE
5 Oct 2011
The Company announces that TGT Phase II development drilling operations have commenced offshore Vietnam with the spudding of the first well at the H4 wellhead platform by the PetroVietnam Drilling PVD-1 jack up drilling rig.
Operations Update
7 Sep 2011
SOCO announces that the Mindou Marine 1 (“MIM-1”) exploration well spudded on ....The Te Giac Trang Field in Vietnam, which commenced production on 22 August 2011 ...
Half Year Results
24 Aug 2011
SOCO International plc, an international oil and gas exploration and production company with interests in Vietnam, the Republic of Congo (Brazzaville), the Democratic Republic of Congo (Kinshasa) and Angola, announces its Half Year Results for the period ended 30 June 2011.
HIGHLIGHTS
Interim Management Statement
16 May 2011
Te Giac Trang on track for production commencing in mid-August...
PetroVietnam has approved the Full Development Plan for the TGT Field... Te Giac Den licence extension has been granted...
Three exploration wells are planned in Congo (Brazzaville)...
Preliminary Results for 2010
23 Mar 2011
SOCO, an international oil and gas exploration and production company, today announces its preliminary results for the year ended 31 December 2010.
HIGHLIGHTS Financial Highlights After tax profit $101.4m (2009: $51.1m) Balance sheet further strengthened by . . .
