14 March 2015, London – Oil producer Soco International reported a 54 percent decline in annual profit after it was hit by the slump in oil prices, sending its shares spiralling more than 25 percent lower. Disappointing drilling results at an offshore Vietnamese well forced Soco to shift some of its probable reserves estimates into […] More »
Saturday, 14 March 2015
Oil producer Soco profits halve, shares tumble
14 March 2015, London – Oil producer Soco International reported a 54 percent decline in annual profit after it was hit by the slump in oil prices, sending its shares spiralling more than 25 percent lower. Disappointing drilling results at an offshore Vietnamese well forced Soco to shift some of its probable reserves estimates into […] More »
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