10.07.19 SOCO International Africa Region Operations ReviewPointe Noire
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…
SUMMARY SOCO AFRICA PORTFOLIO Republic of Congo (MXI, MXIV) offshore Democratic Republic of Congo (Nganzi, Block V) onshore Republic of Angola (Cabinda North) onshore OPERATIONS & PROJECTS OVERVIEW (Focus on Nganzi) Projects…
MARINE XI - Offshore Republic of Congo (Brazzaville) Page 4
MARINE XI - Offshore Republic of Congo (Brazzaville) PSA signature: August 2005, Area: 1400 sq. km. Partnership: SOCO - EPC 29% (operator) SNPC 15,0% Lundin 18,75% Raffia Oil SARL (Vitol) 18.75% Africa Oil and Gas 10%…
MARINE XI AND MARINE XIV Page 6
MARINE XIV - Offshore Republic of Congo (Brazzaville) PSA Signature: July 2006 Partnership SOCO - EPC 29.4 % LUNDIN Petroleum 21.55% RAFFIA OIL 21.55% SNPC 15% PA Resources Congo 12.5% 3D Azimuth seismic acquisition during Q1…
NGANZI BLOCK (onshore DRC) The Nganzi block is on direct trend with the petroleum system that has sourced the oil discovery for the Cabinda North Block and the M Boundi field (North East Pointe-Noire) Page 8
NGANZI BLOCK (onshore DRC) PSA Signature: June 29, 2006 Presidential Decree: March 12, 2008 First well onshore in the DRC in circa 40 years Partnership SOCO E&P-DRC: 65% COHYDRO: 15% INPEX: 20% Page 9
EXPLORATION CAMPAIGN Page 10
DRILLING SCHEDULE Plan to drill three firm wells: NGA-1 KNY-1 YZI-1 1 optional (NSI-1) Rig move to Nganzi on 26/05/10. NGA-1 Well spud on 15/07/10 TD expected mid August Page 11
CAROIL RIG 1 ON NGA-1 SITE 12 Page 12
PRE-SPUD CIVIL ENGINEERING WORKS Construction of a base camp and an air strip at Kipholo Bridge construction over Lukunga, Lemba and Lubuzi rivers . Bridge over Lucula river to access KNY-1 under construction. 130 kms of roads…
PRE-SPUD CIVIL ENGINEERING WORKS 14 Page 14
PRE-SPUD CIVIL ENGINEERING WORKS Page 15
Block V DRCAlbertine Rift PSA Signature/Presidential Decree: Dec 07/June 10 Interests SOCO E&P DRC (Operator) 38.25% Dominion Petroleum Congo: 46.75% Cohydro 15.0% Exploration Plan Year 1 Environmental Impact Assessment Assess…
OBLIQUE VIEW OF LAKES ALBERT AND EDWARD Lake Kivu Lake Edward Rwenzori Lake Albert Page 17
CABINDA NORTH BLOCK (onshore Angola) Page 18
CABINDA NORTH BLOCK (onshore Angola) JOA: May 2009 Partnership SOCO CABINDA LTD: 17% SONANGOL Pesquisa & Producao: 20% (operator) INTEROIL: 11% PETROPARS: 10% INPEX 17% ACREP 15% ENI 10% Exploration Operations: A 2D sesimic…
LOGISTICS & SUPPLY CHAIN SYSTEM Nganzi Logistics Routing Logistics to Nganzi routed via Pointe-Noire and Cabinda, about 200 Kms. Congo/Cabinda border post 35 Kms from Pointe-Noire Import freight transfer at Pointe- Noire port and…
LOGISTICS & SUPPLY CHAIN SYSTEM Pointe-Noire Base 21 Page 21
LOGISTICS & CHAIN SUPPLY SYSTEM Kipholo Base Page 22
IT & TELECOMMUNICATION SYSTEMS Intranet Network Kipholo Base Page 23
IT & TELECOMMUNICATION SYSTEMS SOCO Network Equipment for CAROIL RIG Page 24
IT & TELECOMMUNICATION SYSTEMS CAROIL rig connectivity with SOCO sites Page 25
IT & TELECOMMUNICATION SYSTEMS SOCO VHF Radio network NGANZI block Page 26
HEALTH, SAFETY & ENVIRONMENT (HSE) Marine XI Pre Spud Drilling Environmental Audit by GEOREX June 2009 Marine XI and XIV Pre Drilling Campaign Environmental and Social Impact Assessment Nganzi Block Pre Drilling Campaign…
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SOCIAL PROJECTS Objective Partnership with local government to help improve community life. Build and maintain a strong friendly relationship with local communities. Accomplishments Republic of Congo Ngoyo maternity centre…
Mbomo Maternity Center (under construction) Anne Marie Javouhey Medical Center (Northern Region Rep of Congo) Pointe Noire Ngoyo Maternity Center Ramazani Primary school (before renovation) (PointeNoire) Mbanza Ngungu (…
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 Page 31