22nd Apr 2008 07:00
Soco International PLC21 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 subsidiarySOCO Yemen Pty Limited, the entity that held the Company's indirect 16.785 percent. interest in the East Shabwa Development Area in Yemen, to a subsidiary ofSinochem Petroleum Limited for a cash consideration of approximately $465million. 22 April 2008 ENQUIRIES: SOCO International plcRoger Cagle, Deputy Chief Executive and Chief Financial OfficerTel: 020 7747 2000 Pelham Public RelationsJames Henderson Tel: 020 7743 6673Alisdair 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 constituentof the FTSE 250 Index. The Company has interests in Vietnam, Thailand, theRepublic of Congo (Brazzaville), the Democratic Republic of Congo (Kinshasa) andAngola. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pharos Energy