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SOCO International Plc - Acquisition of Merlon Petroleum

SIA
Thu, 27 Sep 2018, 07:10 BST

CEO Ed Story speaks about the acquisition of Merlon Petroleum and the impact it will have on Soco. With a purchase price of approximately US$215 million, to be paid in cash and new SOCO shares, Story comments that \"Merlon creates a new hub for our business in Egypt, which we will utilise to support further growth not only in Egypt but also the wider MENA region.

Ed Story
President and Chief Executive Officer
SIA
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SOCO International Plc - Acquisition of Merlon Petroleum
SIA Thu, 27 Sep 2018, 07:10 BST

SOCO is an international oil and gas exploration and production company.

Industry: Oil & Gas

Contact: +44-20-77472000
Dover Street, London, United Kingdom
http://www.socointernational.com/

CEO Ed Story speaks about the acquisition of Merlon Petroleum and the impact it will have on Soco. With a purchase price of approximately US$215 million, to be paid in cash and new SOCO shares, Story comments that \"Merlon creates a new hub for our business in Egypt, which we will utilise to support further growth not only in Egypt but also the wider MENA region.

Ed Story
President and Chief Executive Officer
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