Directorship Change

RNS Number : 5074Z

Solo Oil Plc

18 December 2017

 

FOR IMMEDIATE RELEASE                                                                       

18 December 2017

SOLO OIL PLC

("Solo" or the "Company")

Directorship Change

Solo (AIM: SOLO), the natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, today announces the retirement of Fergus Jenkins as executive Technical Director of the Company.  Mr Jenkins, who has served as an executive director since October 2014 is stepping down to pursue other business interests.  The Board has however secured Mr Jenkins' continuing support as a non-executive director for the next 6 months.

Neil Ritson, Solo's Executive Chairman, commented:

"I would personally like to thank Fergus on behalf of the Company for his contribution to the growth and development of the Company's portfolio of producing and discovered oil and gas fields over the last few years.  The Board looks forward to his continued support in the next few months and wishes him well in his future endeavours."

For further information:

Solo Oil plc Neil Ritson / Dan Maling	[phone]
Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish	[phone]
Shore Capital Joint Broker Jerry Keen Beaufort Securities Joint Broker Jon Belliss Buchanan (PR) Ben Romney / Chris Judd / Henry Wilson	[phone] [phone] [phone]

Notes to Editors:

Solo Oil plc (Solo), is a natural resources investment company with a diverse portfolio of onshore assets, principally in Europe and Africa. The company seeks to deliver returns through early stage investment in promising projects and uses management's own sector expertise to assist in strategic asset development. Solo's portfolio currently includes extensive interests in the prolific Ruvuma Basin in Tanzania, the Horse Hill oil discovery in the Weald Basin, Helium One Limited, the Tanzanian helium exploration company, and Kiliwani North, a natural gas producing project in Tanzania.   

 

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