(BFW) Soco ‘Comfortably Positioned’ for Return of Cash to Holders

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BFW 11/19 07:15 *SOCO ‘COMFORTABLY POSITIONED’ TO RETURN CASH TO HOLDERS BN 11/19 07:11 *SOCO `COMFORTABLY POSITIONED' TO FOR RETURN OF CASH TO HOLDERS BN 11/19 07:10 *SOCO SAYS GAS SALES DEAL FOR TGT AGREED

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Soco ‘Comfortably Positioned’ for Return of Cash to Holders 2013-11-19 07:20:42.709 GMT

By Nadine Skoczylas Nov. 19 (Bloomberg) -- Soco says production net to working interest averaged 15,616 boe/d through Oct. 31; still sees full year target at 16k boe/d, commenting in statement. * Net cash, liquid investments $200m as of Nov. 15

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--Editor: Nadine Skoczylas

To contact the reporter on this story: Nadine Skoczylas in Jerusalem at +972-2-640-1103 or nelsibai@bloomberg.net

To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net