SOCO Reports Prelim Results from Te Giac Trang Test
SOCO International plc announced preliminary test results from the Miocene Lower Bach Ho 5.2 pay zone in the TGT-5X appraisal well, which is located on the Te Giac Trang (TGT) structure on Block 16-1 offshore Vietnam.
The well yielded approximately 7,300 barrels of oil per day (BOPD). An earlier test from the Oligocene interval in the same well flowed approximately 7,000 BOPD, thus producing a preliminary combined test of more than 14,000 BOPD.
Testing is still underway in the Miocene interval. Final results and details of both tests will be announced when testing is complete, which is expected to be later this week.
SOCO is an international oil and gas exploration and production company that has interests in Vietnam, Yemen, Thailand, the Republic of Congo (Brazzaville) and the Democratic Republic of Congo (Kinshasa) with production operations in Yemen.
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