Yemen - Spudding of Well

Soco International PLC 08 September 2005 SOCO International plc ('SOCO' or 'the Company') Spudding of Exploration Well in Yemen SOCO is an international oil and gas exploration and production company, headquartered in London traded on the London Stock Exchange and a constituent of the FTSE 250 Index. The Company has continuing interests in Vietnam, Yemen, Libya, Thailand and the Republic of Congo with ongoing production operations in Yemen. The Company's majority owned subsidiary, Comeco Petroleum, Inc. ('Comeco'), through which the Company holds a 16.785% net working interest in the East Shabwa Development Area in Yemen ('ESDA'), announces the commencement of drilling on the Kharir North prospect. The KHA-3-07 well (previously referred to as the KHA 407 prior to the revised well numbering system agreed with the Yemeni authorities) spudded on the 31st of August and is the first well targeting Basement on this prospect. The KHA-2-17 (previously KHA-406) injector well that spudded on 11th June 2005 is currently being connected to the appropriate facilities prior to commencing a water injectivity test. 8 September 2005 ENQUIRIES: SOCO International plc Roger Cagle Deputy Chief Executive and Chief Financial Tel: 020 7747 2000 Officer Pelham Public Relations James Henderson James.henderson@pelhampr.com Tel: 020 7743 6673 Alisdair Haythornthwaite Alisdair.haythornthwaite@pelhampr.com Tel: 020 7743 6676 Notes to Editors Comeco, in which SOCO holds a 58.75% interest, has a 28.57% interest in the ESDA in Block 10 in Yemen. The East Shabwa joint venture is operated by TOTAL Yemen, S.A. (28.57% interest) under a production sharing agreement with the government of Yemen. The other joint venture partners are Occidental Yemen Ltd. (28.57% interest) and Kuwait Foreign Petroleum Exploration Co. (14.29% interest). This information is provided by RNS The company news service from the London Stock Exchange
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