Management Appointment

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: [phone]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones	Tel: [phone]
Investec - Broker David Flin	Tel: [phone]
Buchanan Tim Thompson Ben Romney Helen Chan	Tel: [phone]

 

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