South East Asia

Block:9-2, operated by the Hoan Vu Joint Operating Company
Location:Cuu Long Basin, offshore south east Vietnam
Operational phase:Field development/production
SOCO interest:25% (SOCO Vietnam)
Project partners:Petrovietnam (50%), PTTEP (25%)
Block:16-1, operated by the Hoang Long Joint Operating Company
Location:Cuu Long Basin, offshore south east Vietnam
Operational phase:Appraisal/field development
SOCO interest:28.5% (SOCO Vietnam), 2% (OPECO Vietnam)
Project partners:Petrovietnam (41%), PTTEP (28.5%)

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.

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

TGT Field Produces First Oil

22 Aug 2011

SOCO is pleased to announce the first flow of crude oil and wet gas from the Te Giac Trang Field ('TGT'), which occurred at 0655 local time in Vietnam today.

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)...

Vietnam Operations Update

5 May 2011

The Company has been informed by the Hoang Long Joint Operating Company, the Operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, that PetroVietnam has relayed the Government of Vietnam’s agreement to the extension period for the Te Giac Den Appraisal area.
SE Asia photography by John Hepler
Africa photography by Jean-Yves Brochec