Testing Update, Completion of

RNS Number : 9759S

Soco International PLC

20 September 2010

 



SOCO International plc

("SOCO" or "the Company")

Testing Update, Completion of Thailand Disposal

Preparations for testing of the Te Giac Den appraisal well, TGD-2X, on Block 16-1 in the Cuu Long Basin offshore Vietnam, have been extended for approximately two weeks. Pressure control packers and seals downhole have been impacted by the high temperatures in the well requiring changes to the original programme and modifications to equipment to ensure a safe operation.

Further to the announcement on 20 July 2010, SOCO announces that it has today completed the disposal of its wholly owned subsidiary SOCO Thailand LLC to Salamander Energy plc.

20 September 2010

Contact:

SOCO International plc

Antony Maris, Tel [phone]

Pelham Bell Pottinger

James Henderson, Tel: [phone]

Evgeniy Chuikov, Tel: [phone]

 

END

 

 

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