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…
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…
2010 Financial Summary (audited, US million) 2010 2009 Cash, Equivalents & Liquid Invest 260.4 307.6 Net Profit1 101.4 51.1 Operating Cash Flow2 36.7 77.0 Capex3 151.9 73.9 1 Net profit on 2010 disposal=80.1mn; 12.3 mn from…
Net Reserve Summary (mmbbls net working interest as at 31 December) 2010 2009 2P 2P Vietnam 123.4 124.2 Congo 9.2 9.2 Thailand1 --- 7.0 132.6 140.4 1 Disposal as at 20 Sept 2010 for 105 million 5
Production Profile (Net to entitlements, actual thru 2010, fwd potential) 40,000 35,000 30,000 25,000 MBBLS/D 20,000 15,000 10,000 5,000 0 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 Russia UK Yemen…
SOCO - Areas of Activity VIETNAM CONGO DRCONGO ANGOLA OPERATED NON-OPERATED 7
Cuu Long Basin Production, Development and Appraisal Areas 30.5% WI 25% WI 58.5% WI 8
Top Basement Depth Structure Map CBM 2008 1.25 Km 2P 6Ist 4 6 0m 3P 30 0m Total loss started 48 50 CNV-6PSTb m M D/ 41 87 mT CNV-6P-ST1 VD ss 7P CNV-7I 1Pst ss 4218mTVD 4700mMD/ 4Xst 9
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 1.8 km SSIV PLEM 8 km (PV G Expos Scope of 24 km ipeline ) a…
Central Africa: SOCOs Portfolio 11
North Congo Basin Structural Elements 12
Congo: Marine XI and XIV Blocks 13
Lideka East Prospect: S3 Structure Million Barrels Mean 70 P90 30 IS 3 S3 P50 65 P10 125 S3 Depth Map, 19.5 sq km closure, IS3 has 10.5 sq km closure COS 14% at S3; 23% at IS3 14
Makouala Prospect: S4 Structure Million Barrels Rec. Mean 40 P90 15 P50 35 P10 80 S4 Depth Map, 11 sq km closure Additional targets at S4U, S5 & S6 levels COS 32% at S4/S4U; 22% at S5; 16% at S6 15
Nganzi Block Ongoing Evaluation Evaluation of well results ongoing Oil shows and good porosity in Chela Formation Detailed Chela mapping underway 17
Albertine Graben Petroleum Activity 18
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…
2011 Drilling Schedule 20
Summary Exponential increase in net corporate production and cash flow in five months The TGT development drilling solidified value Exploration drilling programme in offshore Congo offers substantial upside New ventures near…
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 22
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