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…
About SOCO FTSE 250 company with a 1.5 billion market cap Led by a proven management team Results driven by exploration with success providing exponential growth potential Risks controlled by technology and portfolio…
Net Reserve Summary (mmbbls net working interest as at 31 December 2009) 2009 2008 2P 2P Vietnam 124.2 125.2 Congo 9.2 11.9 Thailand1 --- 7.0 133.4 144.1 1 Disposal as at 20 Sept 2010 for 105 million Page 5
1H10 Financial Summary (half year unaudited, US million) 1H10 1H09 2009 Cash 258.1 294.0 307.6 Profit 12.0 31.6 51.1 Operating Cash Flow1 24.5 25.8 77.0 Capex2 51.6 36.2 73.9 1 Production avgd 5,191 BOEPD in 1H10 vs 6,374…
Production Profile (Net to entitlements, actual thru 09, 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 Page 8
Cuu Long Basin Production, Development and Appraisal Areas 30.5% WI 25% WI 58.5% WI Page 9
TGT2P/3P Reserves Distribution post PSDM reprocessing Page 10
TGT-H1-2P Provisional Results - Comparison with FDP Model PSTM-2006 PSDM-2009 TGT-2X TGT-2P TGT-2X TGT-2P TGT-2X TGT-2P ILBH5.2U ILBH5.2U ILBH5.2L ILBH5.2L C C Page 11
Full Field TGT Facilities Development Scheme H1/H2-WHP 4 x 10 Multiphase pipelines HST-WHP 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…
TGD 2X Location TGD 2X Page 13
TGD Fan Regional Section SW NE TGB-1X 11 TGD-1X-ST1 TGD-1X-ST1 TGD-1X TGD-1X (2) (3) 01 01 1 TGT-4X 02 TGT-1X TGT-1XTGT-2X 01 02 5236 m 18403 m 6964 m 2004_2D_901, 5429.62 Line: 1300.0 1300.0 1300.0 1300.0 1300.0 1300.0…
Central Africa: SOCOs Portfolio Page 15
North Congo Basin Structural Elements Page 16
NganziEstd Mean Recoverable Resources (mmbbls) A 200 B -- C 65 H D -- H 180 Tot 445 Page 17
Albertine Graben Petroleum Activity Page 18
Block V DRCStructural Elements Block area: 7,447 sq km Basin area: 4,111 sq km 0 to 1,000 metres sediment 1,000 to 2,000 metres 2,000 to 3,000 metres 3,000 to 4,000 metres 4,000 metres Lava Flow Page 19
Preliminary 2011 Drilling Schedule Page 20
Summary The 2010 drilling programme to date has enhanced value TGT-3P indicates increase in field limits Oil accumulation at TGD confirmed Prospectivity of DRC block validated The tested business modelexploration led growthis…
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 22