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28 Sep 2015 07:00
28 September 2015
Sound Oil plc
("Sound Oil" or the "Company")
Board Changes
Sound Oil, the Mediterranean focused upstream gas company today announces a number of changes to its board of directors.
The Company has appointed Richard Liddell and Stephen Whyte as non-executive directors of the Company.
Richard Liddell has over thirty-five years' experience in the oil and gas industry. Richard has served on the board of Falkland Oil and Gas from 2005 to 2015 initially as a non-executive director and, latterly, as Chairman. He is also Chairman and Managing Director of Clara Petroleum. He was Operations Director of Premier Oil from 2000 until 2003 and prior to that spent three years as Director of Development at BG Exploration and Production.
Stephen Whyte has over 25 years' experience in the oil and gas industry. He was Chief Operating Officer and Executive Director for Exploration and Production at Galp Energia for three years until 2014 and prior to that spent three years as Senior Vice President Commercial at BG Group. He previously spent a total of fourteen years with Shell and six years with Clyde Petroleum.
Andrew Hockey and Gerry Orbell, both non-executive directors of the Company, have decided to step down as directors of the Company. In addition, the Company announces that, following Luca Madeddu's appointment as Managing Director in Morocco, he will cease to be a director of the Company but will continue as a senior executive of the Company and a member of the Executive Committee.
Simon Davies, Sound Oil's Chairman, commented:
"I am delighted to welcome Richard and Stephen to the board of Sound Oil. The wealth and breadth of their combined experience and connections will be of great value to the Company as it prepares for further growth.
I would also like to thank both Andrew and Gerry for their valuable contribution to the Company over many years. Andrew has played a critical role in building the foundations of our Mediterranean gas business and we wish him continued success with his future endeavours. We are also extremely grateful to Gerry who, as the founding Executive Chairman of the Company, and latterly as a non-executive director, has made a significant contribution to the development of Sound Oil."
For further information please contact:
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Alexandra Roper
| Tel: +44 (0)20 7016 9573 |
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes
| Tel: +44 (0)20 7131 4000 |
Cantor Fitzgerald Europe - Broker Sarah Wharry David Porter
| Tel: +44 (0)20 7894 8896 |
Additional Information
In addition to their appointment as directors of the Company, Messrs Liddell and Whyte hold, or have held within the last five years, the following directorships and partnerships:
Name | Current Directorships/Partnerships | Past Directorships/ Partnerships within the last five years
|
Richard Thomas Liddell, aged 67 | Clara Petroleum Limited | Falkland Oil and Gas Limited |
Stephen James Whyte, aged 49 | - | Petrogal S.A. Galp Exploração e Produção (Timor-Leste), S.A. GDP - Gás de Portugal SGPS, S.A. Galp Gás Natural Distribuição, SGPS, S.A Galp Power, SGPS, S.A. Galp Energia España, S.A.U. Galp Energia SGPS, SA Petrogal Brasil, S.A. Galp Energia E&P, B.V. Galp Sinopec Brazil Services, B.V. Petrogal Brasil, B.V. Galp E&P Brasil B.V. Galp Energia Portugal Holdings B.V. Galp Exploração e Produção Petrolífera, SGPS, S.A. Galp Exploração Serviços do Brasil, Lda. Galp Energia Overseas, B.V. Galp Energia Rovuma, B.V. Windhoek PEL 23, B.V. Windhoek PEL 24, B.V. Windhoek PEL 28, B.V. Galp Energia Tarfaya, B.V. Galp East Africa B.V. 3G Holdings Limited 3G Company, S.A. Galp Energia Brasil, S.A. BG International CNS Ltd BG International (NSW) Ltd BG Karachaganak Ltd BG Norge Ltd BG Norge AS
|
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