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JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc

Soco International Plc · Jun 23, 2011 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 1
    2011 AGM
  2. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 2
    Preface This presentation, which is confidential and is being supplied in the United Kingdom only to persons with professional experience in matters relating to investments for the purposes of the Financial Services and Markets Act…
  3. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 3
    Overview On track for August 2011 first oil from largest development project in Companys history Northern platform initial production circa 40,000 BOPD, ramping up to test capacity of FPSO 55,000-65,000 BOPD by YE Entitlement…
  4. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 4
    SOCO - Areas of Activity VIETNAM CONGO DRCONGO ANGOLA OPERATED NON-OPERATED 4
  5. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 5
    Cuu Long Basin Production, Development and Appraisal Areas 30.5% WI 25% WI 58.5% WI 5
  6. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 6
    Full Field TGT Drilling and Development Scheme H1/H2-WHP 4 x 10 Multiphase pipelines 1 x 10 WI pipeline 1 x 8 Gas-lift supply pipeline TGT FPSO SSIV 1.8 km PLEM 8 km (PV G Ex s Scope 24 km ipeline ) port a…
  7. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 7
    Central Africa: SOCOs Portfolio 7
  8. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 8
    North Congo Basin Structural Elements 8
  9. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 9
    Congo: Marine XI and XIV Blocks 9
  10. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 10
    Offshore Congo Drilling Programme Joint Programme on Marine XI and Marine XIV with pre-drill recoverable resource ests 250mmbbl Two firm wells MIM-1 to test Toca/Djeno on Marine XI MKM-1 to test Sendji on Marine XIV One…
  11. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 11
    Nganzi Block: Proposed 2011 Infill Seismic Evaluation of well results completed Chela leads identified and mapped Seismic programme planned for 3Q2011 11
  12. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 12
    Albertine Graben Petroleum Activity 12
  13. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 13
    Block V: area of planned activity SOCO Area of Activity, the Virunga National Park and the Mountain Gorilla Habitat Data Source: Mountain Gorilla Distribution From WWF 2010 Census Lake Edward Block V Exploration Area…
  14. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 14
    2011/2012 Drilling Schedule 14
  15. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 15
    Revenue/Cash profile (90/bbl, 100mm Capex, No exploration success) 1200 1000 800 600 MM 400 200 0 2010 2011 2012 2013 2014 2015 Revenue YE Cash 15
  16. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 16
    Summary Exponential increase in net production and cash flow in 4Q11 The TGT development drilling solidified value Exploration drilling programme in offshore Congo offers substantial upside New ventures being pursued in SE Asia…
  17. JUNE 2011 ANNUAL GENERAL MEETING – Soco International Plc – slide 17
    SOCO International plc St Jamess House 23 King Street London SW1Y 6QY United Kingdom Tel: 020 7747 2000 Fax: 020 7747 2001 Registered No: 3300821 www.socointernational.co.uk 17

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