16th Jan 2008 07:00
Soco International PLC16 January 2008 SOCO International plc ("SOCO" or "the Company") Vietnam Update The Company's majority owned subsidiary, SOCO Vietnam Ltd., announces that thePrime Minister of The Socialist Republic of Vietnam has granted the extension ofthe deadline of the Hoang Long Joint Operating Company's obligation ofsurrendering the remainder of the Block 16-1 Contract Area until 6th June 2008.This extension has been granted to allow the JOC to complete the currentlyagreed active work programme. 16 January 2008 ENQUIRIES: SOCO International plcRoger CagleDeputy Chief Executive andChief Financial Officer Tel: 020 7747 2000 Pelham Public RelationsJames Henderson Tel: 020 7743 6673Alisdair Haythornthwaite Tel: 020 7743 6676 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 constituentof the FTSE 250 Index. The Company has interests in Vietnam, Yemen, Thailand,the Republic of Congo (Brazzaville), the Democratic Republic of Congo (Kinshasa)and Angola with production operations in Yemen. SOCO holds its interests in Vietnam, all in the Cuu Long Basin offshore, throughits 80% owned subsidiary SOCO Vietnam Ltd. ("SOCO Vietnam") and through its 100%ownership of OPECO, Inc. SOCO Vietnam holds a 25% working interest in Block 9-2,which is operated by the Hoan Vu Joint Operating Company and holds a 28.5%working interest in Block 16-1, which is operated by the Hoang Long JointOperating Company. OPECO, Inc. holds a 2% interest in Block 16-1. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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