Tungsten West plc has appointed Alistair Stobie as chief financial officer effective on 13 November.
Mr Stobie has worked with AIM-listed businesses within the energy and natural resources sector and raised capital within various markets.
He was CFO at oil and gas company Octavia Energy, before holding the same post at Hurricane Energy plc which raised c.$700 million to fund operations during his tenure.
Earlier in his career, Mr. Stobie was finance director at Zoltav Resources, where he sourced and acquired two assets for a total $230 million, including a $180m gas production business, and $40m in capital and $80m in debt refinancing.
He was also a founding partner of Baring Vostok Capital Partners in Moscow, Russia and worked for a number of venture capital and private equity firms overseeing oil and gas technology and telecoms portfolios.
Mr Stobie has a degree in International Relations from Keele University after which he worked for a number of years for the British Army.