Right I havent beleived in investing directly in an oil company untill today and in the last few months have been investing in OIL SERVICE companys Hamworthy and Corac, you know the picks and shovels tale.

Anyway after doing a lot of research I really feel that SOCO INTERNATIONAL SIA as been left behind in the mass bull market on oil companies.

Forget, Burren, Regal, Dana and the rest in my opinion this is the one to be on.

So.....why buy Soco now?

Four inter-related reasons:

1) Newsflow is now very much in sight on several fronts. None of it has yet emerged though, so analysts have yet to revisit their old views and recommendations. There was, and indeed remains, a chance to get in before serious interest picks up again.

2) There is, IMO, a decent chance of some very large price rises within the next 6 months, accompanied by increased downside protection. Once newsflow starts, the shares will come back onto institutional radar screens - you can wait for it to emerge, or you can speculate now at what I think will prove to be a lower price -perhaps much lower!

3) The market thinks there is nothing happening and has gone to sleep on the prospects. You can see this in the broadly sideways drift and very low volumes on most days [until this week]. They are wrong. Yemen and perhaps Mongolia should provide some near-term good news.

4) The time to buy is when no-one else seems very interested.

And heres the last results from the company......................

Soco International PLC
02 September 2004

SOCO International plc

Interim Results for the six months ended 30 June 2004

SOCO is an international oil and gas exploration and production company,
headquartered in London. The Company has interests in Vietnam, Mongolia, Yemen,
Libya, Tunisia and Thailand, with production operations in Yemen, Tunisia and
Mongolia. SOCO today announces interim results for the half year ended 30 June
2004.

HIGHLIGHTS

Operating profit of 4.1 million (2003: 4.2 million)

Net profit of 2.0 million (2003: 2.5 million)

Earnings per share of 2.9p (2003: 3.6p)

Cash balance of 26.7 million at half year end

Finalised the sale of an interest in ODEX creating a consortium of SOCO
(34%), Oilinvest (46%) and Gazprombank (20%) in the special purpose
entity to progress initiatives in Libya and other countries

Continued reinterpretation of existing 3D seismic and acquisition of 650
sq km of new 3D seismic in Vietnam prior to commencement of drilling in
Q1 2005

3D seismic programme completed in Mongolia with two wells drilled, both
apparent discoveries, and a third well spudded

First ever deviated Basement well drilling in East Shabwa in Yemen



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

'Following an extended period of quiet preparation, the release of interim
results coincides with the commencement of a very active drilling programme for
SOCO, one that I believe has company transforming potential'

2 September 2004

ENQUIRIES:
SOCO International plc Tel: 020 7457 2020 (today)ENDS.

This could really be a craking stock and is worth getting in at these lowly price figures.

Please DYOR

cheers GF.

This is one I did get on board in time so looking good for me.

MS

nice, unfortunately i am still spectating.

Cracking on nicely today.

cheers GF.

Another up day, NICE.

cheers GF.

Very nice indeed GF. :-)

Prop, keep an eye on these RNS's!

i am i am!

News out.

Soco International PLC
31 January 2005

SOCO International plc

('SOCO' or 'the Company')



Operations Update



SOCO is an international oil and gas exploration and production company,
headquartered in London. The Company has continuing interests in Vietnam,
Mongolia, Yemen, Libya and Thailand with ongoing production operations in Yemen
and Mongolia.



Vietnam

The first well in the Company's 2005 multi-well Vietnam drilling programme
spudded on 29 January 2005 and is currently running 30' casing. The CNV-3X well
in Block 9-2 is an appraisal of the Ca Ngu Vang structure in which a discovery
well, the CNV-1X, was drilled in 2002. The discovery well tested a maximum
combined rate of approximately 4,500 barrels of crude oil equivalent per day
comprised of approximately 3,100 barrels of crude per day and approximately 7.9
million cubic feet of gas per day from a Basement interval.



The CNV-3X well has been designed to drill to a total measured depth of
approximately 6,000 metres with a maximum deviation of 80 degrees. The well will
test various fault and fracture domains within the granitic Basement in the area
of the CNV-1X well. It is anticipated that the well will take some 60-70 days to
drill.



Following the completion of the well on Ca Ngu Vang, the current drilling
programme plan calls for the rig to move to Block 16-1 to begin drilling an
exploration well.



Yemen

After finalising drilling and completion activities on the KHA 403 well, the rig
is in the process of being moved to the next location to spud the KHA 404 well.
The KHA 403 well was the third well in a multi-well drilling programme, which
began in 2004, designed to drill deviated wells targeting the Basement interval.



The KHA 403 well will be tested after the testing equipment is moved from KHA
402 where it has been utilised to conduct a long term production test. Results
of the test on the KHA 402, along with those of each of the wells drilled, will
be released once they are made available by the operator.



Gross production from the East Shabwa Development Area in Yemen averaged
approximately 27,800 barrels of oil per day to date in January 2005.
Approximately 30% of the production was attributable to crude produced from the
Basement interval.





31 January 2005



ENQUIRIES:


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

College Hill Tel: 020 7457 2020
Nick Elwes
Ben Brewerton







Notes to editors:

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.



SOCO's Yemen interests are held through its majority owned (58.75%) shareholding
in Comeco Petroleum, Inc. ('Comeco'). Comeco holds a 28.57% working interest in
Block 10, East Shabwa Development Area


This information is provided by RNS
The company news service from the London Stock Exchange

Creeping up nicely. Did some dummy trades online. Can sell 25k but only buy 5k with Comdirect.

Did a dummy buy and the max I could buy on line was 3K. Interesting.

MS

Interesting news that guys.


cheers GF.

Another nice little rise today, hitting all time highs again.

Let's hope it can sustain it's gains.

MS

still watching...

When a share has been on the rise for a while I never know when to enter if at all. I've been in on this one for a while so I'm doing OK. I feel the same with NLR part of me feels I've missed the best part. So I can understand your caution with this one.

MS

Here's hoping also Mickey. This is my big play for 2005, will most likely be holding throughout the year or at least until the Vietnam drilling is done and we get a deal in Libya. Also, Mongolia, Yemen, hmmm, lots of activity here, should be a big year, but you know this of course.

And I see Prop is still watching! We do get a good crowd in here! Even SWW showed up once!

Yes it is looking good gav and like yourself I'm holding. Libya is coming out of the wilderness, so looking forward to good things.

MS

NICE.

cheers Gf.

Yep GF, NICE sums it up pretty well! And agree with you Mickey, Libya is indeed coming out of the wilderness, lots of oil there.

To quote from the 2004 interims:

"As a result, Oilinvest (46%), SOCO NA (34%) and
Gazprombank (20%) are the sole shareholders of the specific purpose upstream
joint venture formed to identify, develop, produce and market hydrocarbon
opportunities in Libya and other countries. SOCO NA received US$2.5 million for its 45% net interest in OILSOC."

50k delayed trade at 475 showed up at the close. Looks like a buy to me.

You guys seem very confident with this one !!