Soco International PLC Updated Te Giac Trang FFDP Approved (0113X)
February 16 2017 - 2:00AM
UK Regulatory
TIDMSIA
RNS Number : 0113X
Soco International PLC
16 February 2017
SOCO International plc
("SOCO" or the "Company")
Updated Te Giac Trang FFDP Approved
SOCO, an international oil and gas exploration and production
company, announces that the Hoang Long Joint Operating Company has
received from the Government of the Socialist Republic of Vietnam
the formal approval of the updated Full Field Development Plan
("FFDP") for the Te Giac Trang ("TGT") Field, offshore southern
Vietnam.
The FFDP was formally submitted to the relevant authorities in
Q4/2016. With this, we have approval of up to 18 additional wells,
with locations and additional support to be provided at a later
date, and the addition of new processing equipment to be installed
on the H1-WHP. The processing equipment will be designed to handle
90,000 barrels of liquid per day with specific water handling
capacity of up to 65,000 barrels of water per day.
ENQUIRIES:
SOCO International plc
Antony Maris, Chief Operating Officer
Tel: 020 7747 2000
Bell Pottinger
Nick Lambert
nlambert@bellpottinger.com
Tel: 020 3772 2558
Elizabeth Snow
esnow@bellpottinger.com
Tel: 020 3772 2582
NOTES TO EDITORS
SOCO is an international oil and gas exploration and production
company, headquartered in London and traded on the London Stock
Exchange. The Company has field development and production
interests in Vietnam and exploration and appraisal interests in the
Republic of Congo (Brazzaville) and Angola.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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