NIGERIA – Ardova Petroleum Plc (AP), an integrated energy company, has announced plans to acquire oil and gas retail outlet Enyo Retail and Supply Limited. According to a press release, Enyo accepted Ardova’s acquisition offer in a deal that is still subject to completion of a due diligence exercise and the receipt of all required regulatory approvals. This will be the second major acquisition by Ardova Plc after its majority shareholders Prudent Energy Services, using a vehicle Ignite Investments and Commodities Limited, acquired majority shares in Forte Oil Plc from…
Read MoreArdova Petroleum in talks to acquire oil and gas retail outlet Enyo Retail and Supply Limited
