23 December 2013
Sound Oil plc
("Sound Oil" or the "Company")
Sound Oil, the European / Mediterranean focused upstream oil and gas company today announces the retirement of Tony Heath as a non executive director, with effect from the Company's next annual general meeting - which is expected to be held in the summer of 2014.
Tony Heath, a non-executive director of the Company and chairman of Sound Oil's Audit Committee, has decided to retire from the board in the summer of 2014, after the completion of the 2013 accounting cycle and the presentation of Sound Oil's annual results for the year ending 31 December 2013 to shareholders at the 2014 Annual General Meeting.
An announcement regarding new non-executive directors will follow shortly.
Andrew Hockey, Sound Oil Chairman, commented:
"Tony has had a lengthy and distinguished career in the oil and gas industry and in recent years we at Sound Oil have been lucky to have benefited from his service on our board in both executive and non executive roles and as chairman of the Audit Committee where his experience and guidance have been invaluable. On behalf of the board I wish Tony well in his retirement."
For further information please contact:
Andrew Hockey, Chairman
Smith & Williamson - Nominated Adviser
Tel: 44 (0)20 7131 4000
Peel Hunt - Broker
Tel: 44 (0)20 7418 8900