The board of directors of Oracle Energy Corp. announced that Peter Francis has been named as Chief Executive Officer and that Ambassador Howard Jeter and Cyril Akporuere Odu will be joining the board as Independent Directors. Peter Francis has more than 35 years of experience in the oil and gas industry.

He has held a number of executive treasury and government relations positions with ExxonMobil and Shell, most recently based in Abuja advising on business development and legislative issues. Cyril Akporuere Odu is currently the head of the energy fund at Africa Capital Alliance.