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Market Cap: £4.68m
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Management Appointment

4 Jan 2012 07:00

RNS Number : 9343U
Sound Oil PLC
04 January 2012
 



 

4 January 2012

 

Sound Oil plc

("Sound Oil" or "the Company")

 

Management appointment

 

Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces the appointment of Luca Madeddu as Managing Director of the Company's wholly-owned subsidiary Apennine Energy srl and as a member of the executive management team of Sound Oil.

 

Luca has over 22 years of experience in the upstream oil and gas industry with ENI, the major integrated energy company. Luca is a reservoir geologist by background and has extensive experience in hydrocarbon production, field development, petroleum engineering, supply chain management and reservoir engineering. He has managed large teams in complex operations in sensitive onshore and offshore environments and has worked in Venezuela, Nigeria, Indonesia, UK, Congo and Italy,

 

Luca is aged 47 and holds a Degree in Geology from Milan University. He joined the Company on 2 January and will be based in Italy.

 

 

Commenting on this appointment Gerry Orbell, Sound Oil's Chairman and Chief Executive Officer said:

 

"We are delighted to welcome Luca to the group as Managing Director of Apennine Energy, our Italian subsidiary. He brings considerable expertise, energy and international experience to lead our Italian business in becoming a valuable asset and a responsible operator in the sector. His knowledge of the Italian assets, and of development and production operations, will be invaluable to complement the skills of the existing Apennine Energy team. He joins the company at a very appropriate time and we all, at Sound Oil, look forward to working alongside him to mature and expand our Italian portfolio."

 

 

For further information please contact:

 

Sound Oil

Gerry Orbell, Chairman and Chief Executive

Michael Cope, Chief Operating Officer

 

Tel: +44 (0)1372 365745

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

 

Tel: +44 (0)20 7131 4000

Investec - Broker

David Flin

 

Tel: +44 (0)20 7597 4000

Buchanan

Tim Thompson

Ben Romney

Helen Chan

 

Tel: +44 (0)20 7466 5000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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