Overt Energy is an emerging player in the Nigerian oil and gas industry created by the promoters with the objective to participate in several of the Energy related sectors of the Nigerian economy and in the African Continent.

Overt participated and won 5% equity in Block 4 of the Nigerian/Sao Tome and Principe Joint Development Zone (JDZ) in the year 2004 licensing round. Also, in the year 2005 licensing round, Overt Energy won 3% equity as a local content vehicle in OPL 241 in the continental shelf.

Overt Energy is governed by a board of directors consisting of six persons. The six directors have a minimum of 180 man- years of professional and managerial experience and expertise among them. All directors and management team have experiences in the professions of engineering, geosciences, general management and other professions. The key operating positions in Overt Energy limited are; Managing Director, Legal/Admin Director, General Manager Engineering, General Manager Exploration, Public Relations and Community Affairs Manager, Production Manager, Marketing Manager, Training/QHSE Manager, Geophysicists, Geologists, IPP Engineers, and Gas Engineers. Where necessary, the company has professional/consultancy agreements for some services.

Company Objectives include but are not limited to; Acquisition of Oil & Gas assets through effective bidding for oil blocks, form strategic alliances and partnerships with international middle level oil and gas companies with proven technical and financial capabilities, improve current trading volumes from the present 30,000 barrels per day of Crude oil, engage in the bulk trading of petroleum products, invest in refining capacities of 50,000 to 100,000 barrels per day of crude oil in Partnerships with reputable international companies to raise funds to build refineries that process, and establishment of terminals complete with tank farms for the storage and distribution of petroleum products.