Africa Oil & Gas: SOCO International provides update on sale of Angolan interests

Africa Oil & Gas: SOCO International provides update on sale of Angolan interests

As announced on 2 July 2018 SOCO has entered into a sale and purchase agreement (SPA) for the sale of the Group’s entire 80% shareholding in SOCO Cabinda, the company holding a 22 percent, non-operating, working interest in the production sharing contract for the Cabinda North Block, Angola.

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Africa Oil & Gas: SOCO International increases interest in Cabinda North Block, onshore Angola

Following on from Eni’s announcement on 27 November 2017 of its appointment as Operator of the Cabinda North Block, SOCO International has announced that its 80% owned subsidiary, SOCO Cabinda, has agreed to increase its non-operating working interest in the Cabinda North Block Production Sharing Agreement from 17% to 22%.

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