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.

CNV3X flow test result due Monday.....................

If good watch the sp go...................

good luck.

I would imagine they would be released before the analyst meeting. Not sure what time the meeting is at though, early start tomorrow. Should be an interesting day to say the least!

And, nothing..............................

Probably later at the EGM?.

Might be the case SWW. Since the news from CNV-3X, either good or bad, it would be price sensitive information so I would assume it would have to be released to the market as soon as possible. Perhaps the analysts may get an "indication" of how the results will be before we do! Also, they may get to know the timescale for the rest of drilling in Vietnam and Yemen for this year.

Anyhow, the RNS on the 18th said 2 to 3 weeks to test so we should get them very soon I would have thought.

Just out, no flow rates yet.

Soco International PLC
09 May 2005

SOCO International plc

('SOCO' or 'the Company')



Vietnam Well Operations Update



SOCO is an international oil and gas exploration and production company,
headquartered in London. The Company has continuing interests in Vietnam, Yemen,
Mongolia, Libya and Thailand with ongoing production operations in Yemen and
Mongolia. As announced on 1 April 2005, SOCO has agreed to dispose of its
Mongolian operations, subject to gaining approval from its shareholders.



After achieving the target depth of 6,123 metres measured depth, testing
operations on the appraisal well on the Ca Ngu Vang ('CNV') structure on Block
9-2 offshore Vietnam, CNV-3X, have commenced. Due to its highly fractured nature
the Granitic Basement reservoir was drilled with total losses of drilling fluid/
seawater to the formation of more than 150,000 barrels.



The initial period of the testing operations is currently being extended while
the flow from the well continues to improve through the process of 'cleaning up'
whereby the amount of recovery of drilling fluid declines and the oil rate
increases. The aim is to establish a stabilised flow performance. Testing
operations are continuing.





9 May 2005



ENQUIRIES:

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


College Hill Tel: 020 7457 2020
Ben Brewerton
Nick Elwes


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.




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

Decent buy of 25k at 490. Paid over the offer of 488 and mops up all the sells from when the RNS came out. Hopefully the company will be putting the analyst presentation on the website for all to see.

Some people are really dopey.

Sell on that news????

They shoul;d read all of the rns............

Maybe this is the part that some people missed, or read differently to me:

"The initial period of the testing operations is currently being extended while
the flow from the well continues to improve through the process of 'cleaning up'
whereby the amount of recovery of drilling fluid declines and the oil rate
increases. The aim is to establish a stabilised flow performance. Testing
operations are continuing."

Certainly didn't make me think of selling. Perhaps some just read the RNS and saw no flow rate and immediately decided to sell. Some decent sized buys went through today so someone's keen I think. We also have the meeting today so we may see some more interest later today.

Sit tight and wait I think.

dj on tmf I think, said the same hapened with Number 1.

Perhaps the AFX headline at 09.28 "Soco reports oil flow problems" put a few people off. I see they have now softened their interpretation at 15.27, saying "testing well under way."

August, thanks for flagging up the 2 AFX pieces, I missed them. Agree that both the headlines give a completely different view of this morning's RNS. Glad to see they have rectified this mornings mistake. Personally, I was quite happy with the RNS. Of course, stating that it was flowing at 10kbopd would have been better! :-)

Nice 50k at 495 after the close, some really good sized trades today. Perhaps some of these buys coming from those at the meeting today.

Got this from tmf.

EGM. - Ed Story sounded very confident. He said CNV-3X was "a massive well...it's gonna be as good as or better than any well in Vietnam."


Thanks now go to discokingeddie on TMF for going to the EGM and posting this for all.

There was more but he is not technically minded so sticks to what he understod.

I think that's enough though.

Thanks for that SWW. Just been reading the posts on TMF, well worth reading.

Yesterday's analyst presentation is now on the website and well worth a read for those of interest. Thanks to Peter Gray for pointing it out. I contacted the company yesterday to see if they would be doing this but got no reply, guess they were busy elsewhere. :-)

http://www.socointernational.co.uk/downloads/presentations/2005_May_Presentation.pdf

One of the first things that really stands out to me is the average daily production chart. Unfortunately I don't know how to post charts here but it is very interesting. SWW, if you get the time is there any chance you could put your HTML skills to use and put the chart in the thread?

2003 - 5409 bopd
2004 - 5533 bopd
Q105 - 5055 bopd

Having a look now...........

As that is a Company pdf I will not copy and paste as people only have to go to the site to look at it.

I am thinking about copyright.

Ok SWW, fair point. I thought it was a decent presentation, well worth having a look.

Seems Pontoil have been buying more. :-))

Soco International PLC
10 May 2005


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

HOLDING IN THE COMPANY

The Company was notified on 9 May 2005 that Pontoil Intertrade Limited has
acquired an additional 235,000 (0.33%) SOCO International plc ordinary shares of
0.20 each ('Shares').

Following this transaction, Pontoil Intertrade Limited holds 15,210,543 Shares,
representing 21.04% of the issued share capital of the Company.


Contact: Carol Fan, 020 7747 2000



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

The signs are all there for another good run with these, loads of news aexpected it seems and Vietnam is looking as good if not better than promised.

Get them while they're hot people, I think we are on these prices for the last time.

Told you so....................

Down she goes.................

lol what a twit I am.

Some large trades after the close and I see from the RNS that the motion to sell the Mongolian assets was passed. Was always going to be the case I feel.

SWW, agree re the newsflow during 2005, should be plenty of it.