2012 AGM

PrefacePreface

This presentation, which is confidential and is being supplied in the United Kingdom only to persons with professional experience in matters relating to investments for the purposes of the Financial Services and Markets Act 2000, does not constitute or form part of any offer or invitation to sell or issue, any offer or inducement to purchase or subscribe for, or any solicitation of any offer to purchase or subscribe for, any shares in the Company or securities in any other entity nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investmentany part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. This presentation does not constitute a recommendation regarding shares of the Company. The information contained herein is for discussion purposes only and does not purport to contain all information that may be required to evaluate the Company and/or its financial position.

This presentation and the associated slides and discussion contain forward-looking statements regarding SOCO, our corporate p g g g , pplans, future financial condition, future results of operations, future business plans and strategies. All such forward-looking statements are based on our management's assumptions and beliefs in light of information available to them at this time. These forward-looking statements are, by their nature, subject to significant risks and uncertainties and actual results, performance or achievements may be materially different from those expressed in such statements. Factors that may cause actual results, performance or achievements to differ from expectations include, but are not limited to, regulatory changes, , p p , , g y g ,future levels of industry product supply, demand and pricing, weather and weather related impacts, wars and acts of terrorism, development and use of technology, acts of competitors and other changes to business conditions. SOCO undertakes no obligation to revise any such forward-looking statements to reflect any changes in SOCO’s expectations with regard thereto or any change in circumstances or events after the date hereof.

No reliance may be placed for any purposes whatsoever on the information contained in this presentation or on its completeness. Details included in this presentation are subject to updating, revision, further verification and amendment. TheCompany is under no obligation to update or keep current the information contained in this presentation. No representation or warranty, express or implied, is given by or on behalf of the Company or its subsidiary undertakings, affiliates, agents or advisers or any of such persons’ affiliates, directors, officers or employees or any other person as so to the fairness, accuracy, completeness or verification of the information or opinions contained in this presentation and no liability is accepted for any such information or opinions.

By attending this presentation and/or accepting a copy of it, you agree to be bound by the foregoing limitations and conditions and, in particular, will be taken to have represented, warranted and undertaken that you have read and agree to comply with th t t f thi ti i l di ith t li it ti th bli ti t k thi t ti d it t t fid ti l

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the contents of this notice including, without limitation, the obligation to keep this presentation and its contents confidential.

Overview (4mos2012)

Entitlements production equalled 13,924 BOEPD p q ,(425% increase period on period)

The Te Giac Trang Field remains on track for production from the second platform commencing in late July/early August increasing field production tolate July/early August, increasing field production to approximately 55,000 barrels of oil per day (150% increase over current rate))

Net cash as at 11 June 2012 equalled $180 millionNet cash as at 11 June 2012 equalled $180 million (31 December 2011: $113.5 million)

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SOCO SOCO -- Areas of ActivityAreas of Activity

VIETNAM

CONGO DRCONGO

ANGOLA

OPERATED

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NON-OPERATED

VietnamVietnam——Cuu Long Basin BlocksCuu Long Basin Blocks

TGT 30.5% WI

CNV 25% WI

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CNV—Top Basement Depth Map

Fractured graniticBasement field

Producing at steady ca. 8,000 boepd

Installing additional separation and metering facilities –on stream June 2012

Additional production well being discussed for 2012 or 2013 –for 2012 or 2013 expected to add ca. 3-5,000 boepd

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BSM entry point

Te Giac Trang Field Layout

FPSOH1-WHP

Storage Capacity:

FPSO-TGT 1

4 x 10” Multiphase Pipelines

10” Water Injection Pipeline

8” Gas-lift Pipeline

Storage Capacity:620,000 BBLS

Processing Capacities:Crude oil rate 55,000 BOPDProduced water rate 75,000 BWPD

SSIVPLEM

1.8 km

~ 7 km

MWJ

16” Multiphase Pipeline

8” Water Injection Pipeline

7 km

H4-WHP1 x 8” Gas-export Pipeline

8 Water Injection Pipeline

6” Gas-lift Pipeline

CPP at Bach Ho FieldH5-WHP

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TGT Field – Early Reservoir Testing

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TGT Five Year Development Well Plan

20122012H1.1, H2N, H2, H2S

2 Infill

1 Producer

1 Appraisal

H3N, H4S

5 Development

2013H2S, H3, H4S, H5

2 Appraisal

2+1 Infill or Water Injectorj

1 Alternative Appraisal

2014H1.1, H1.2, H2

1 Alternative Appraisal

Development Wells

Sidetrack Flank Wells

20152015H3, H4S

Development

Appraisal

W t I j t

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Water Injector

2016Appraisal wells in new leads

Central Africa: SOCO’s PortfolioCentral Africa: SOCO’s Portfolio

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North Congo North Congo BasinBasin——PrePre--salt Play Portfoliosalt Play Portfolio

MXI 40.39% WICabinda 17%WI

Nganzi 65% WIMIV 29 4% WI Nganzi 65% WIMIV 29.4% WI

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Marine XIMarine XI——Prospects and DiscoveriesProspects and Discoveries

Loubana

M’pouli

Sendji SE

TOCA Subcrop

Lideka East

M pouliDouk Daka

Lideka EastViodo

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Nganzi Block Activity

Shallow (Chela) leads identifiedleads identified and mapped

Preparing for potential drilling late 2012

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Block V ActivityBlock V Activity

Completed detailed environmental study together

h l hwith relevant DRC authorities

Preparing for Phase 1 exploration activity of high definition aeromagnetic –aerogravity survey on the DRC ae og a ty su ey o t e Cside of Lake Edward in June 2012.

Objective is to better define lake based seismic acquisition programme in late 2012

Block V 38.25% WI

programme in late 2012

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Outlook

Very strong financially and will be generating more cash with stable production of ca. 16,000 boepd. Off ti i h i h h ld lOffers more options in enhancing shareholder value through

development of the current portfoliodevelopment of the current portfolio

adding new ventures consistent with our current and historical focus

return to shareholdersreturn to shareholders

Continue to drive value enhancementsenhancing production handling

additional longer term within-field appraisal and development plans

Focus on exploration enables targeting of greater risk, greater reward options

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greater reward options

SOCO International plcFrom 19th March 201248 D St t48 Dover StreetLondon W1S 4FFUnited Kingdom

Tel: 020 7747 2000Fax: 020 7747 2001

Registered No: 3300821

www.socointernational.com

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