SOCO International plc ("SOCO" or "the Company")

SOCO announces that it has completed the disposal of its wholly owned subsidiary SOCO Yemen Pty Limited, the entity that held the Company’s indirect 16.785 per cent. interest in the East Shabwa Development Area in Yemen, to a subsidiary of Sinochem Petroleum Limited for a cash consideration of approximately $465 million.


SOCO International plc
Roger Cagle, Deputy Chief Executive and Chief Financial Officer
Tel: 020 7747 2000

Pelham Public Relations
James Henderson Tel: 020 7743 6673
Alisdair Haythornthwaite Tel: 020 7743 6676

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 interests in Vietnam, Thailand, the Republic of Congo (Brazzaville), the Democratic Republic of Congo (Kinshasa) and Angola.

Pharos Energy plc is aware of attempts to impersonate the company under its previous name, SOCO International plc, on social media. Pharos does not have a Facebook page.