SOCO International

Capex

Future Plans

Vietnam
• The CNV field on Block 9-2 will come on-stream mid-year
• The Company is confident that the TGT field on Block 16-1 will be declared commercial before the end of the first half of 2008

Thailand
• First production from Bualuang field expected during the second quarter of 2008

West Africa
• First of multiple wells to spud in West Africa on Marine XI during the second half of 2008

Production

The Company’s working interest productionj decreasing from 6,766 barrels of oil per day (BOPD) in 2006 to 6,316 BOPD in 2007.

Largely as a result of the ongoing facilities expansion and infill drilling programme at the Kharir field in Yemen, production net to the Company's working interest increased, rising to 6,766 barrels of oil per day (BOPD) in 2006.

Production net to the Company's working interest increased, rising to 5,684 barrels of oil per day (BOPD) in 2005 from 5,533 BOPD in 2004.

Reserves

Booked Net Reserve Summary (mmbbls net working interest as at 31 December 2007)

Congo
Proven: 4.8
2P: 100.7

Yemen
Proven:19.6
2P: 29.9

Vietnam
Proven:48.6
2P: 100.7

Thailand
Proven:5.0
2P: 18.4

Total
Proven:78.0
2P: 160.9

Who's Who

Offices