FORTE OIL PLC-
INVITATION FOR EXPRESSION OF INTEREST FOR THE ACQUISITION OF FORTE OIL PLC’S SHAREHOLDING IN FORTE UPSTREAM SERVICES LIMITED

FORTE OIL PLC
13, WALTER CARRINGTON CRESCENT, VICTORIA ISLAND, LAGOS, NIGERIA
INVITATION FOR EXPRESSION OF INTEREST FOR THE ACQUISITION OF FORTE OIL PLC’S SHAREHOLDING IN FORTE UPSTREAM SERVICES LIMITED

1. Forte Upstream Services Limited (“FUSL” or “the Company”) is wholly owned by Forte Oil PLC (“Forte”).

2. In furtherance of its strategic objectives, Forte has decided to divest its shareholding in FUSL and has appointed Vetiva Capital Management Limited (“Vetiva”) as its Financial Adviser and Banwo & Ighodalo (“B&I”) as Legal Advisers on the divestment (the “Transaction”).