Soco International PLC
21 April 2008
SOCO International plc
('SOCO' or 'the Company')
Completion of Yemen Disposal
SOCO announces that it has completed the disposal of its wholly owned subsidiary
SOCO Yemen Pty Limited, the entity that held the Company's indirect 16.785 per
cent. interest in the East Shabwa Development Area in Yemen, to a subsidiary of
Sinochem Petroleum Limited for a cash consideration of approximately $465
million.
22 April 2008
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
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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