Soco International PLC
05 April 2006
SOCO International plc
('SOCO' or 'the Company')
Marine XI Award Finalised
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 continuing interests in Vietnam, Yemen,
Thailand and the Republic of Congo (Brazzaville) with ongoing production
operations in Yemen.
The Company announces the finalisation of the award announced in August 2005 of
a 75% working interest in the Production Sharing Contract (PSC) covering the
Marine XI block, offshore the Republic of Congo (Brazzaville). During its
extraordinary session, the Congolese Parliament and the Senate approved the
terms of the Marine XI PSC. The law became effective 30 March when signed by
the President of the Republic.
05 April 2006
ENQUIRIES:
SOCO International plc
Roger Cagle Deputy Chief Executive and Chief Tel: 020 7747 2000
Financial Officer
Pelham Public Relations
James Henderson Tel: 020 7743 6673
Alisdair Haythornthwaite Tel: 020 7743 6676
Notes to editors:
SOCO holds its interests in the Republic of Congo (Brazzaville) through its 85%
owned subsidiary SOCO Exploration and Production Congo ('SOCO EPC'). SOCO EPC
is the designated operator of Marine XI.
This information is provided by RNS
The company news service from the London Stock Exchange
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