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

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, Yemen, Thailand and the Republic of Congo with production operations in Yemen.

The Hoan Vu Joint Operating Company (“HVJOC”) today acknowledged the receipt of unanimous approval of the Declaration of Commerciality on the Ca Ngu Vang (“CNV”) field on Block 09-2, offshore Vietnam, by the shareholders of the HVJOC.

Ed Story, President and Chief Executive of SOCO, commented:

"The Declaration of Commerciality for the Ca Ngu Vang oil field is the first affirmation of the commercial success of our exploration efforts in Vietnam. We are confident that there will be more to follow in this oil rich exploration province consisting of multiple, extensive high quality productive reservoirs.”

25 April 2006


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 holds its interests in Vietnam, all in the Cuu Long Basin offshore, through its 80% owned subsidiary SOCO Vietnam Limited (“SOCO Vietnam”). SOCO Vietnam holds a 25% working interest in Block 9-2, which is operated by the Hoan Vu Joint Operating Company and a 28.5% working interest in Block 16-1, which is operated by the Hoang Long Joint Operating Company.

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.