- SOCO International
Infobox_Company
company_name = Soco International PLC
company_
num_employees = 15
foundation = 1997
location =London ,England , UK
company_type = Public
industry =Oil and Gas Exploration
homepage = [http://www.socointernational.co.uk/ Soco International]SOCO International plc (lse|SIA) is an international oil and gas exploration and production company, headquartered in
London traded on the London Stock Exchange and a constituent of theFTSE 250 Index . It is currently valued by the market around £900m. The Company has continuing interests inVietnam ,Yemen ,Thailand and theRepublic of Congo with ongoing production operations inYemen .
= History - Pre-IPO=Soco was formed around 1991 to exploit international opportunities as a subsidiary of
Snyder Oil Corporation of theUSA .Ed Story ran operations as Vice-President International and director ofSnyder Oil . Roger Cagle was its CFO. Story/Cagle had worked together for 15 years beforehand at Conquest, Superior andExxon . Soco acquired interests inRussia andMongolia .Company History
SOCO International plc was formed on the 13 March 1997 and first listed on the
London Stock Exchange on 29 May 1997.Key personnel
*
Rui de Sousa , Non-Executive Chairman
*Edward T. Story , President and CEO
*Roger Cagle , Executive VP, Deputy CEO and CFOCurrent Interests
Vietnam
Location:
Cuu Long Basin , offshore southeast Vietnam
Operational phase:Exploration/appraisal drilling
Project Partners:Petrovietnam , PTTEP Thailand
SOCO Vietnam interest:25% to 29%
Background:Block 16-1 and Block 9-2 are contiguous to the prolific Bach Ho and Rang Dong fields. Both blocks are on trend with several major Basement and Tertiary discoveries in theCuu Long Basin . SOCO holds its interests through its 80% owned subsidiary SOCO Vietnam Ltd which holds a 25% working interest in Block 9-2 and a 28.5% working interest in Block 16-1. Block 9-2 is operated by the Hoan Vu Joint Operating Company and Block 16-1 is operated by the Hoang Long Joint Operating Company.References
[http://www.companieshouse.gov.uk Companies House] Company Number 03300821
External links
* [http://www.socointernational.co.uk/ Soco International official website]
* [http://www.socointernational.co.uk/?id=reports_accounts Recent reports and accounts]
* [http://www.investegate.co.uk/Index.aspx?searchtype=3&words=sia&Go=search Recent company announcements]
* [http://www.socointernational.co.uk/?id=presentations Company Presentations]
* [http://www.sourcewatch.org/index.php?title=SOCO_International_plc sourcewatch link]
Wikimedia Foundation. 2010.
