This presentation, which is confidential and is being supplied only to persons with professional experience in matters relating to investments for the purposes of the Financial Services and Markets Act 2000, does not constitute or form…
Production for the first five months of the year averaged 18,070 BOEPD net to the Companys WI, approximately 60% higher than the same period last year Completed the first phase of TGTs FPSO production handling capacity testing with…
2012 2011 Sales revenue 621.6 234.1 Net Entitlement Production 15,500 boepd vs 6,700 boepd Realisations 118/bbl vs 113/bbl Operating profit 448.2 156.9 Net profit 207.0 88.6 Basic earnings per share () 62.7 26.4 Capex 109.9…
TGT production averaged 15,679 BOPD net to WI for first five months of 2013 TGT development drilling continues for the next four years with significant H5 well to spud later this month or July TGT 30.5% WI CNV production…
H1-WHP FPSO-TGT 1 FPSO Storage Capacity: 4 x 10 Multiphase Pipelines 620,000 BBLS 10 Water Injection Pipeline Processing Capacities: 8 Gaslift Pipeline Crude oil rate 55,000 BOPD Produced water rate 75,000 BWPD 1.8 km PLEM…
Range (low to high case) STOIIP (mmstb) 470 960 Recoverable Gas (mmboe) 15 30 1 Future activities will significantly de-risk high case Additional 10 infield and step out wells (e.g. H5 (50-150 mmstb)) planned in 2013-14…
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Added Nanga II A 100% WI block and commencing seismic reprocessing Preparing to drill Lideka East on Marine 40.39% WI XI in 2H13 Cabinda sale still possible, preparing to drill two wells in 3Q13 17% WI Completing seismic…
Estimated mean predrill recoverable resources c. 70 mmbbl in primary target Sendji formation COS 40% Estimated mean upside recoverable resources c. 60 mmbbl in secondary formations Preparing for late June early July drilling 11
Completed detailed environmental study together with relevant DRC authorities Activity suspended during M23 insurgency Block V 85% WI 12
2013 Potential March April May June July August Sept Oct Nov Dec Reserves Vietnam 40 80 4 Infield wells +TGTH5 Congo (Brazzaville) 60 130 Lideka East Marine Angola Cabinda North Well 206 Well 207 13
Sustainable yield equal to or greater than IOCs Growth potential of an independent E&P company 14
Continued strong cash generation from the Vietnam assets Development drilling on TGT and CNV Appraisal well on the previously undrilled TGT H5 block Second phase of sustained capacity test on TGT FPSO pending Exploration drilling on…
SOCO International plc 48 Dover Street London W1S 4FF United Kingdom Tel: 020 7747 2000 Fax: 020 7747 2001 Registered No: 3300821 www.socointernational.com 16
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