SOCO announces the completion of the transaction regarding the sale of the its interests in the Zarat Permit offshore Tunisia, in the Gulf of Gab├Ęs, to PA Resources AB as set out in its announcement of 18 November 2004. Following completion of the sale, the Company has received the cash consideration of US$25 million and the applicable working capital adjustments.

6 December 2004

ENQUIRIES:

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


College Hill
Tel: 020 7457 2020
Ben Brewerton
Nick Elwes
 
 
 
 
 
 
 
 

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.