Sound Oil Appoints New CFO

Italy-focused Sound Oil reported Thursday that it has appointed a new chief financial officer. Stuart Joyner will take over as the firm's CFO from this coming Monday.

Joyner joins from Investec Bank where he has served as head of the investment bank's oil and gas team from 2010. He has 19 years' experience in investment banking for the oil and gas sector.

Sound CEO James Parsons commented in a company statement:

"The board and I are pleased to welcome Stuart to the executive team.  His relationships with key institutions, debt funding experience, industry knowledge and commercial finance skills strengthen the executive team as we move into an exciting new phase of growth."

Parsons added that the appointment is the first of a series of planned actions following successful logging at its onshore Nervesa well, which Sound reported Wednesday.

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