SOCO International plc
("SOCO" or "the Company")

The Company's majority owned subsidiary, SOCO Vietnam Ltd., announces the preparation for the commencement of drilling of the first Clastics targeted well on Block 9-2 with the imminent spudding of the Ca Ong Doi 2X ("COD-2X") well. The drilling rig is on site after an extended weather delay whilst it was awaiting to be towed from the Te Giac Trang 5X well on Block 16-1, which tested at a total combined maximum flow rate of approximately 16,430 barrels of oil equivalent per day.

The COD-2X well is designed to evaluate the Clastics reservoirs that have been successfully tested on Block 16-1. It is anticipated that this well will take approximately 40 days to drill. Testing, if required, would add several weeks. The spudding of this well will mark the beginning of the most active annual drilling programme in the Company’s history.

15 February 2007


ENQUIRIES:


SOCO International plc
Roger Cagle
Deputy Chief Executive and Chief Financial Officer
Tel: 020 7747 2000

Pelham Public Relations
James Henderson, Tel: 020 7743 6673
Alisdair Haythornthwaite, Tel: 020 7743 6676

Notes to Editors


SOCO is an international oil and gas exploration and production company, headquartered in London, traded on the London Stock Exchange and a constituent of the FTSE 250 Index. The Company has interests in Vietnam, Yemen, Thailand, the Republic of Congo (Brazzaville) and the Democratic Republic of Congo (Kinshasa) with production operations in Yemen.

SOCO holds its interests in Vietnam, all in the Cuu Long Basin offshore, through its 80% owned subsidiary SOCO Vietnam Ltd ("SOCO Vietnam") and through its 100% ownership of OPECO, Inc. SOCO Vietnam holds a 25% working interest in Block 9-2, which is operated by the Hoan Vu Joint Operating Company and holds a 28.5% working interest in Block 16-1, which is operated by the Hoang Long Joint Operating Company. OPECO, Inc. holds a 2% interest in Block 16-1.
 
 
 
 
 
 
 
 

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