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Forte opens South America oil push with Autana partnership
10:55am on Wednesday 4th of November, 2026 AEDT
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Oil and Gas
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Forte opens South America oil push with Autana partnership
10:55am on Wednesday 4th of November, 2026 AEDT
Key Points
Joint study targeting oil opportunities in Venezuela, Colombia and Ecuador
Forte to fund up to US$150,000 across three US$50,000 phases
Forte and Autana each receive 50% participation rights in resulting projects
Autana receives at least a 5% net profit interest in projects pursued solely by Forte
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