Preface 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…
2013 Highlights The TGT H5 exploration well was one of the best discovery wells ever in Vietnam, testing in excess of 27,600 barrels of oil equivalent per day (BOEPD) Returned 213.3mm (40p per share) to shareholders All…
2013 Financial Summary (audited) (from continuing operations, US million, unless otherwise indicated) 2013 2012 Sales revenue 608.1 621.6 Net Entitlement Production 16,694 boepd vs 15,500 boepd Realisations 113/bbl vs…
Vietnam Cuu Long Basin Blocks TGT production averaged 14,635 BOEPD net to WI in 2013 TGT development drilling continues for the next four to six years TGT 30.5% WI CNV production CNV 25% WI averaged 2,059 BOEPD net to WI…
CNV Field Fractured granitic Basement field Producing at steady ca. 8,000 BOEPD Additional production well budgeted for 2Q14 expected to add up to 25% to productive capability 6
TGT10XST1 well on TGT H5 fault block TGT10XST1 well encountered 117 metres of net pay Three DSTs performed Oligocene C in two parts Lower section of Lower Miocene Upper section of Lower Miocene Total Combined Maximum Rate from 3…
Phase of TGT Development TGT STOIIP recovered to date No revision in reserves other than associated gas which approximately replaces production H5 well results support confidence in high case STOIIP in excess of one…
Schematic Section of TGT Hydrodcarbon Columns 10 Kms 9
TGT Potential Future Well Location Options Production Wells in Green Water injectors in BLUE 10
Various TGT Field Oil Production Outlooks TGT Field Forecast (FOPR) Indicative midcase STOIIP development case 0213_TGT_HM_V82M_TRAN0 0216_TGT_HM_V82M_TRAN0 0224_TGT_HM_V82M_TRAN0 0220_TGT_HM_V82M_TRAN0 0221_TGT_HM_V82M_TRAN0 70M…
Te Giac Trang Field Layout Designed for 25,000 BOEPD, CPP at Bach Ho Field various tie-in options being considered, including in field tie-in and/or taking total production to Bach Ho 12
Central Africa Portfolio Cuvette Centrale Lake Kivu Basin 13
North Congo Basin Current Portfolio 100% WI Litchendjili Extension to be drilled Q2 2014 Government approval received for 40.39% WI farm-in to Mer Profonde Sud - Well to be drilled Q1 2015 Evaluation of 17% WI discovery on…
Overview Litchendjili Extension Appraisal on Marine XI Target on trend with ENI Litchendjili Field announced to be ca. 1.2 mmboe in place. Litchendjili Technical COS 70% Extension Estimate mid-2Q14 spud Lideka East…
Litchendjili Extension Appraisal on Marine XI Well LXM101: Proposed TD: 3150m Target reservoir: Lower Cretaceous Djeno SS, tight presalt reservoir in structuralstratigraphic trap…
Marine XI Lideka Marine East iS3 Amplitudes, Discovered 50 metres net MFS 1472 metres (ss) pay Top Sendji Pimpedance Found oil shows in section LDKEM1 LDKM1 with highest porosities, but Light green line sandstone units…
Congo Fan Region Mer Profonde Sud Maturing deep water exploration trends in Angola: Total, Chevron ExxonMobil, BP, ENI Prior operator, Murphy, focused Mer Profonde Sud (MPS) on particular structures Azurite versus…
MPS RR Prospect Exploration Well MohoBilondo development by Total Obtained government approvals of farmout from PA Resources Seismic anomalies conform to structural and stratigraphic nature of the prospect Technical chance…
Block V Activity Completed detailed environmental study together with relevant DRC authorities Social programmes underway Seismic acquisition on Lake Edward late 1Q14 Block V 85% WI 20
Block V Activity 2014 Planned 2D Survey lines: Katwe No seismic data Mapped previously recorded in results of 2013 DRC waters bathymetry survey Preparing to acquire 2D reconnaissance survey Contractor: Tesla Dominion Ngaji1…
Outlook Continued strong cash generation from the Vietnam assets Development drilling on TGT and CNV Second phase of sustained capacity test on TGT FPSO pending completion of additional wells Addition of readytodrill high…
Maximising Returns to Shareholders Sustainable annual return targeting 50% of Free Cash Flow Growth potential of an independent E&P company 24
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 25
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