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Wessex Exploration non-exec takes CFO role

NON-EXECUTIVE director Andy Yeo has stepped into the CFO role at Wessex Exploration.

Yeo, who has served as a non-exec at the south-west oil explorers since March 2010, takes the top finance role.

Malcolm Butler, chairman, said: “Andy was instrumental in the AIM flotation of Wessex and the subsequent fundraising. I am delighted that he has agreed to increase his responsibilities.”

Yeo carries on as CEO of Wessex-affiliated business Bluebird Energy.

Wessex is valued at £48.9m on the stock exchange. It share price was static in this morning’s trading, at 6.75p.

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