The Africa and Vietnam focused oil and gas company, Soco International, has announced it is to sell its subsidiary Soco Cabinda.
Cabinda is the name of an enclave (or more accurately, an exclave) of Angola, separated from the rest of the country by a strip of territory belonging to the Democratic Republic of Congo.
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Quill already has a 20% stake and with the purchase will get full exposure to Soco Cabinda's 17% interest in the so called Cabinda North Block .
Soco says its subsidiary has gross assets of $32.5m.
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