New CFO at Sound Oil

JAMES PARSONS takes the helm at oil and gas exploration business Sound Oil, as its chief financial officer.

Parsons, who started his career at Royal Dutch Shell in 1994, was most recently finance and corporate director of the European division of Toronto listed oil company, Pipeline Fund.

He succeeds Tony Heath, who steps down as CFO but continues with the company as non-executive director and chair of its audit committee.

Heath has held several senior finance roles at companies including Halfords, Burmah Oil's North Sea and Burmah-Castrol.

Sound Oil chairman Gerry Orbell said: "We are delighted to welcome James to the company as CFO and I am confident that he will bring expertise and international experience to that role.

"I have worked with Tony Heath for very many years and his advice and support have been invaluable to me and the company over that time. On behalf of Sound Oil I would like to thank him for his efforts during the company's formative years. I am pleased that we can continue to retain his expertise and rely on his advice in his new capacity as a member of the board."