SOCO announces that the Viodo 4 appraisal well spudded on September 17, 2009 in the Marine XI Block, located in the Congo Basin, offshore the Republic of Congo. This well is an appraisal of the 1986 Viodo oil discovery and is targeting an extension of the core area of the field drilled by the VIM-1 discovery well.
The spudding of the Viodo well is the second well in the most active drilling program in the Company's history, which includes a 12 month drilling campaign in the Cuu Long Basin, offshore Vietnam, one exploration well on the Marine XIV Block, offshore Republic of Congo, a further exploration well on Marine XI, and two exploration wells on the Nganzi Block, located onshore the Democratic Republic of Congo (Kinshasa).
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