LONDON (AFX) – Soco International PLC said it is to abandon the Ngua O well in Block 16-1 of its Vietnam programme after drilling indicated substantial oil shows but showed the reservoir characteristics were not sufficiently developed to warrant testing. Ed Story, president and chief executive of Soco, said: “The next stage is to decide…
VIETNAM: Soco International abandons well after initial drilling
Posted on July 22, 2002 by EnergyAsia