Sonde Resources Corp. Announces Appointment of President and CEO
04 January 2014 - 8:21AM
Marketwired
Sonde Resources Corp. Announces Appointment of President and CEO
CALGARY, ALBERTA--(Marketwired - Jan 3, 2014) - Sonde Resources
Corp. ("Sonde" or the "Company") (TSX:SOQ)(NYSEMKT:SOQ) announced
today the appointment of Toufic Nassif, currently President Sonde
North Africa, to the position of President and Chief Executive
Officer and that Bill Dirks, President and Chief Operating Officer,
has formally notified the Board of Directors of his resignation,
effective January 3, 2014. Mr. Dirks has agreed to stay on in a
consultancy role as an advisor for an indefinite period to assist
with the transition.
For the past two years, Mr. Nassif was President of Sonde North
Africa with responsibility for the overall management of all Sonde
activities related to the Joint Oil Block offshore Tunisia and
Libya. He is a well known and respected industry leader with over
35 years in the energy business with comprehensive experience in
business development and commercial activities in North Africa and
the Middle East. Mr. Nassif also brings extensive experience in
petroleum operations management, proven large project coordination
and leadership skills, strategic planning, negotiations, and
overall project evaluation skills. Prior to joining Sonde, Mr.
Nassif held the position of Vice President and Commercial Director
for BP Libya.
Kerry Brittain, Chairman of the Board, stated: "Completing the
merger of Sonde's Canadian producing assets with Marquee was a key
step in the Company's transition to a North Africa-focused growth
strategy. The appointment of Toufic as President and CEO
underscores the Board's commitment to this strategy and builds on
the significant progress he has made in solidifying our
relationship with Joint Oil while advancing the development of the
Zarat Field and fulfilling our exploration commitments to the Joint
Oil Block. The Board is appreciative of the efforts of Bill Dirks
in shepherding the Company's assets and being the moving force in
the Marquee transaction. We are pleased Bill will remain available
in a consulting capacity to support our Joint Oil Block activities
and help optimize the value of our Western Canada exploration
acreage."
Sonde Resources Corp.Rene BeaumierChief Financial Officer(403)
503-7931(403) 216-2374www.sonderesources.com
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