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Sound Energy appoints Simon Davies as chairman for third time

“I look forward to working with Simon again and know he will bring a huge amount to the Board at an important time for the company," chief executive James Parsons said.

oil and gas operations
It comes as Sound is reviewing its Morocco operations

Sound Energy PLC (LON:SOU) announced that it has appointed Simon Davies as the Morocco-focused gas firm’s new independent non-executive chairman.

Davies joins the company with immediate effect, replacing Richard Liddell who intends to spend more time on his other business interests. Liddell, meanwhile, remains with Sound as its independent non-executive director.

READ: Sound Energy redraws plans for East Morocco after drilling results

The new chairman already has an association with the company - he is presently a 1.67% stakeholder in the company and he has had two prior stints as chairman (2014-16, 2005-10).

"I would like to thank Richard for his contribution and counsel during his tenure as chairman, and am delighted he will remain on the board as a non-executive director,” said James Parsons, Sound chief executive.

“I look forward to working with Simon again and know he will bring a huge amount to the Board at an important time for the company."

 

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Investor Update: Sound Energy agrees deal to sell stake in East Morocco

Headlines from the Proactive UK newsroom. Sound Energy (LON:SOU) has signed a preliminary agreement to sell just over half its stake in its Tendrara licences in East Morocco for US$113mln. The consideration is US$54mln cash and the rest is a carry for future capital...

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