Appointment of Non-executive

RNS Number : 4876X

Soco International PLC

17 August 2009

 



 SOCO International plc

('SOCO' or the 'Company')

Appointment of Non-executive Director

SOCO is pleased to announce the appointment of Dr. Mike Watts as a Non-executive Director with

immediate effect.  Dr Watts has also been appointed to serve on the Audit and Nominations Committees.

Dr Watts, aged 53, holds a BSc First Class Honours and PhD in Geology from Cardiff University. He is currently Deputy Chief Executive and New Business Director, previously Exploration and New Business Director, of FTSE 100 listed Cairn Energy PLC. He has been an Executive Director on Cairn's Board of Directors since joining them in 1996.  He has previous industry experience in senior technical and management roles with Shell, Burmah and Premier as well as having been the Managing Director of Amsterdam listed Holland Sea Search which was acquired by Cairn in 1995.

Dr Watts holds 5,750 SOCO International plc ordinary shares of £0.20 each, representing 0.01% of the issued share capital of the Company.

Commenting on the appointment, Ed Story, SOCO's Chief Executive, stated:

'We are extremely pleased to have Mike join us on the Board. His industry experience as an explorationist will bring a great complementary skill set to existing board competencies.  His reputation and relationships in the industry can only be beneficial as the Company begins its largest exploration campaign.'

The Company confirms that there are no additional matters requiring disclosure under Rule 9.6.13 of the Listing Rules.

17 August 2009 

ENQUIRIES:

SOCO International plc
Roger Cagle, Deputy Chief Executive and Chief Financial Officer 

Tel: [phone]

Pelham Public Relations

James Henderson Tel: [phone]

Mark Antelme Tel: [phone]  

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, Thailand, the Republic of Congo (Brazzaville), the Democratic Republic of Congo (Kinshasa) and Angola.

 

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