SOCO International plc reported unaudited production results for the year ended December 31, 2016. For the year, the company reported net production of 9,883 BOEPD was slightly below the lower end guidance of 10,000 BOEPD due to the delay in drilling postponed to the end of the year, unexpected additional downtime due to pressure-testing on CNV, along with the recent stoppage for rig positioning and down-well intervention work beyond that originally planned for extra wire line and intervention work.

For the year 2016, the company announced revenue of $155 million.

For the year 2017, the company's production is presently set to average 8,000 to 9,000 BOEPD.

For the year 2017, the company's capital expenditure is expected to be approximately $50 million to cover the development drilling and infrastructure upgrade on company's existing Vietnam assets, purchase of seismic data for company's new venture Blocks 125 & 126 in Vietnam and PEX bonuses in Africa on MXI.