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Solo Oil Hires New Finance Head And Operating Chief

Mon, 23rd Sep 2019 16:05

(Alliance News) - Solo Oil PLC said on Monday it has hired a chief financial officer and a chief operating officer.

Romina Mele-Cornish joins as CFO from Oil & Gas UK, a UK offshore oil and gas industry lobby organisation, where she served as fiscal policy manager since 2017.

Meanwhile, new COO Doug Rycroft has been acting as general manager of Solo since being seconded by Gneiss Energy in March 2019. Prior to joining Gneiss, Rycroft joined Ophir Energy in 2012, where he managed their flagship asset in Tanzania.

Both have been hired with immediate effect, with the expectation that they will be appointed to the board in "due course".

Shares in Solo Oil were down 1.6% at 1.63 pence in London on Monday.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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