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OER Announces the Optimisation of its Crude Oil Hedge program and a $238 million prepayment of certain loans Facilities
March 3, 2015

CALGARY, ALBERTA, March 3, 2015 – Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced a $238 Million prepayment of certain loan facilities, which it . . .





Statement on Alleged use of ‘OANDO OWNED JETS’ as Political Donations
February 13, 2015

Our attention has been drawn to a recent advertorial published in a few widely circulated newspapers. The advertorial alleges amongst other things that Oando has given donations to political parties through the use of two private jets – ‘a Bombardier . . .





OES Teamwork Achieves 5 Years Without Lost Time Injury
February 10, 2015

February 3, 2015, (Lagos, Nigeria): Oando Energy Services Limited (“OESL”), an Oando PLC subsidiary and Nigeria’s leading indigenous operator of swamp drilling rigs services has successfully achieved five years of continuous operations without Lost Time Injury (LTI) on its flagship . . .





Rights Issue – Further Announcement
January 27, 2015

Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) External Registration number: RC 6474 Company registration number: 2005/038824/10 Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: OANDO ISIN: NGOANDO00002 . . .





Change in Offer Terms for Oando Plc Rights Issue
January 27, 2015

Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced a change in Offer Terms on an ongoing Rights Issue. The initial . . .





Rights Issue – Further Announcement
January 21, 2015

Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today has made a further announcement on the N48.8 billion Rights Issue. South African . . .





Extension of Acceptance Period for Oando Plc Rights Issue
January 15, 2015

Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced a 2 week extension for the acceptance period of the N48.8 billion . . .





Oando Energy Resources Announces Completion of The Umugini Pipeline
December 5, 2014

CALGARY, ALBERTA, DECEMBER 5, 2014 – Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today is pleased to announce the completion of the 45,000bbls/d, 51km Umugini . . .





Oando and GE Sign MOU on Power Generation and Pipeline Projects
December 4, 2014

Oando Gas & Power (OGP), the leading private sector gas distributor and developer of captive power solutions in Nigeria has signed a Memorandum of Understanding (MOU) with General Electric Nigeria to immediately engage in various initiatives as an indication of . . .





Oando PLC Opens N48.8 Billion Rights Issue Offering
December 3, 2014

Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today opened its Rights Issue to raise N48.8 Billion through the issuance of 2,217,265,184 . . .





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