SOCO entered into a sale and purchase agreement for the sale of 80% shareholding in SOCO Cabinda Limited with Quill Trading Corporation and WMLC Resources for $5 million.

SOCO entered into a sale and purchase agreement for the sale of 80% shareholding in SOCO Cabinda Limited with Quill Trading Corporation and WMLC Resources for $5 million. SOCO Cabinda Limited holds a 22 percent, non-operating, working interest in the production sharing contract for the Cabinda North Block, Angola.