Prudent Energy is planning to make another round of investment in Forte Oil but there’s a condition to be met first.
Prudent Energy Services Limited, the new majority shareholder of Forte Oil Plc, is set to acquire fresh N22 billion worth of shares of the company.
Following the full acquisition by Prudent Energy Services Ltd, Forte Oil Plc has appointed Olumide Adeosun and Moshood Olajide as CEO and CFO, respectively.