(RTTNews) - Soco International Plc (SIA.L: News ), in its its interim management statement for the period from 1 July 2009 to 4 November 2009, said its balance sheet remains strong with a cash and liquid investment balance of over $310 million.

Production net to the company's working interest averaged 6,792 barrels of oil equivalent per day or "BOEPD" over the first nine months of the year.
In August, SOCO commenced the most active drilling campaign, which includes 2 exploration wells on the Marine XI Block and an exploration well on the Marine XIV Block, both in the Congo Basin offshore the Republic of Congo (Brazzaville), 2 exploration wells on the Nganzi Block onshore the Democratic Republic of Congo (Kinshasa) and a 12-month drilling campaign in the Cuu Long Basin offshore Vietnam starting in the first half of 2010.

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by RTT Staff Writer

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