FACEATO was incorporated in February 2020 as a wholly indigenous Oil Exploration & Production Company

Our Vision

To be the most efficient Value Creating Exploration & Production Company in Nigeria.

Our Mission

To optimize the utilization of Science & Technology and Strategic Cost Leadership to find, produce and sell Oil & Gas to generate superior returns for our Shareholders, Host Communities, Host Government and our Employees.

FACEATO Petroleum Development Company shall:
  • Acquire both onshore and offshore oil & gas assets in Nigeria
  • Explore acquired assets and maximize value by growing reserves
  • Develop acquired assets and generate cash for our shareholders
  • Ensure growth and sustainable development of our host communities
  • Enhance and build engineering capacity in the Nigerian Oil & Gas sector through the application of technology and development of our people
FACEATO Petroleum Development Company shall:
  • Prioritize safety of People, Environment & Equipment in all its operations
  • Systematically manage our operating activities to continuously reduce risk and deliver top quartile project performance
  • Comply with all applicable local laws, company policies and procedures
  • Consult, listen and respond openly to our Host Community, employees and public interest groups
  • Develop and implement sustainable development projects/activities for our Host Community
  • Work with all our Contractors as partners and develop mutually beneficial relationships
  • Openly report our performance
  • Continuously improve our performance by improving the leadership, capability and capacity of our organization