Investor
relations
Bullish in pursuit of new opportunities
Our position as a leading integrated energy company operating in Africa gives us the scale and capability to pursue a range of new projects and acquisition opportunities. These include a multitude of farm-in and acquisition opportunities to realise our medium-term to long-term strategy. While our immediate focus is on Nigeria, we are evaluating other opportunities in the Gulf of Guinea.
International oil companies are increasingly focused on deeper offshore opportunities and have undertaken major onshore divestments, thus offering unique acquisition opportunities for indigenous independents in reserves, resources, and production.
We are able to identify substantial unused production capacity in shut-in areas which present difficulties to International Oil Companies , but where indigenous companies can operate.
We stand to benefit immensely from favourable terms granted to indigenous companies that will make previously non-profitable projects profitable.
Company financials
Financial statements and MD&A
2015
OER
- 2015 Year End Annual Information Form
- 2015 Year End Consolidated Financial Statements
- 2015 Year End Management's Discussion and Analysis
- Q3 2015 Interim Consolidated Financial Statements
- Q3 2015 Management's Discussion and Analysis
- Q2 2015 Interim Consolidated Financial Statements
- Q2 2015 Management's Discussion and Analysis
- Q1 2015 Interim Consolidated Financial Statements
- Q1 2015 Management's Discussion and Analysis
2014
OER
- 2014 Year End Annual Information Form
- 2014 Year End Consolidated Financial Statements
- 2014 Year End Management's Discussion and Analysis
- Q3 2014 Interim Consolidated Financial Statements
- Q3 2014 Management's Discussion and Analysis
- Q2 2014 Interim Consolidated Financial Statements
- Q2 2014 Management's Discussion and Analysis
- Q1 2014 Interim Consolidated Financial Statements
- Q1 2014 Management's Discussion and Analysis
2013
OER
- 2013 Year End Annual Information Form
- 2013 Year End Management's Discussion and Analysis
- 2013 Year End Consolidated Financial Statements
- Q3 2013 Management's Discussion and Analysis
- Q3 2013 Interim Consolidated Financial Statements
- Q2 2013 Management's Discussion and Analysis
- Q2 2013 Interim Consolidated Financial Statements
- Q1 2013 Management's Discussion and Analysis
- Q1 2013 Interim Consolidated Financial Statements
2012
2012
Oando Exploration & Production
- Q2 2012 Management's Discussion and Analysis
- Q2 2012 Consolidated Financial Statements
- Q1 2012 Management's Discussion and Analysis
- Q1 2012 Consolidated Interim Financial Statements
Exile Resources
2011
Oando Exploration & Production
- Year End 2011 Management's Discussion and Analysis
- Year End 2011 Annual Information Form
- Q3 2011 Management's Discussion and Analysis
- Q3 2011 Combined Consolidated Financial Statements
Exile Resources
2010
Oando Exploration & Production
Exile Resources
- Year End 2010 Management's Discussion and Analysis
- Year End 2010 Consolidated Financial Statements
- Q3 2010 Management's Discussion and Analysis
- Q3 2010 Interim Consolidated Financial Statements
- Q2 2010 Management's Discussion and Analysis
- Q2 2010 Interim Consolidated Financial Statements
- Q1 2010 Management's Discussion and Analysis
- Q1 2010 Interim Consolidated Financial Statements
2009
Exile Resources
- Year End 2009 Management's Discussion and Analysis
- Year End 2009 Annual Information Form
- Q3 2009 Management's Discussion and Analysis
- Q3 2009 Interim Consolidated Financial Statements
- Q2 2009 Management's Discussion and Analysis
- Q2 2009 Interim Consolidated Financial Statements
- Q1 2009 Management's Discussion and Analysis
- Q1 2009 Interim Consolidated Financial Statements
2008
Exile Resources
- Year End 2008 Management's Discussion and Analysis
- Year End 2008 Annual Information Form
- Q3 2008 Management's Discussion and Analysis
- Q3 2008 Interim Consolidated Financial Statements
- Q2 2008 Management's Discussion and Analysis
- Q2 2008 Interim Consolidated Financial Statements
- Q1 2008 Management's Discussion and Analysis
- Q1 2008 Interim Consolidated Financial Statements
Press Releases
Keeping our investors informed
2016
May
| Date | Description |
|---|---|
| May 13, 2016 | Oando Energy Resources Concludes Arrangement with Oando PLC for Oando PLC to Acquire OER Minority Shares for a Consideration of US$1.20 Per Share in Cash |
April
| Date | Description |
|---|---|
| April 29, 2016 | Oando Energy Resources Announces Extension of Outside Date |
| April 5, 2016 | OER Announces Execution of PSC for Block 12 and Farm Out of Block 5 and 12 |
March
| Date | Description |
|---|---|
| March 30, 2016 | Oando Energy Resources Announces Year End 2015 Results |
| March 24, 2016 | Oando Energy Resources Announces Extension of Outside Date |
February
2015
December
| Date | Description |
|---|---|
| December 22, 2015 | Oando Energy Resources Enters Into Agreement With Oando Plc For Oando Plc To Acquire Oer Minority Shares For A Consideration Of Us$1.20 Per Share In Cash |
November
| Date | Description |
|---|---|
| November 4, 2015 | Oando Energy Resources Announces $91 Million Upsizing Of Rbl Facility And Repayment Of $100 Million Afrexim Subordinated Loan Facility |
October
| Date | Description |
|---|---|
| October 26, 2015 | Oando Energy Resources Announces Third Quarter 2015 Results |
September
| Date | Description |
|---|---|
| September 2, 2015 | Oando Energy Resources Announces Continuance To British Columbia |
August
| Date | Description |
|---|---|
| August 4, 2015 | Oando Energy Resources Announces Second Quarter 2015 Results |
July
June
| Date | Description |
|---|---|
| June 30, 2015 | Oando Energy Resources Reports Fire Incident At Ebocha Oil Centre In Rivers State, Nigeria |
| June 15, 2015 | Oando Energy Resources Announces Election of Directors |
May
| Date | Description |
|---|---|
| May 1, 2015 | OER Announces First Quarter 2015 Result |
April
| Date | Description |
|---|---|
| April 8, 2015 | OER Announces Significant Increase in Reserves |
| April 1, 2015 | OER Announces Year End 2014 Results |
March
2014
December
| Date | Description |
|---|---|
| December 31, 2014 | Oando Energy Resources Announces Listing of Warrants on TSX |
| December 05, 2014 | Oando Energy Resources Announces Completion of The Umugini Pipeline |
November
| Date | Description |
|---|---|
| November 13, 2014 | Oando Energy Resources Inc. Announces Record Third Quarter Results |
September
| Date | Description |
|---|---|
| September 05, 2014 | Oando Energy Resources Inc. Announces Distribution by Control Block Holder |
August
| Date | Description |
|---|---|
| August 20, 2014 | Oando Energy Resources Reduces Debt by US$98 Million Through Conversion of Oando PLC Loan to Equity |
| August 15, 2014 | Oando Energy Resources Announces Second Quarter Results |
July
June
May
| Date | Description |
|---|---|
| May 16, 2014 | OER Announces First Quarter Results |
April
March
| Date | Description |
|---|---|
| March 03, 2014 | OER Extends Completion Date For Acquisition of Nigerian Upstream Oil and Gas Business of Conocophillips |
February
| Date | Description |
|---|---|
| February 27, 2014 | OER Closes Private Placement and Converts Loan |
| February 19, 2014 | Oando Refutes Claims of Planned OES Sale |
| February 10, 2014 | OER Enters into New Facility Agreement with Oando Plc |
| February 10, 2014 | OER Provides Further Update on Private Placement |
January
| Date | Description |
|---|---|
| January 31, 2014 | OER Executes Binding Loan Agreement for Acquisition of Nigerian Assets from ConocoPhillips |
| January 31, 2014 | OER secures funding for acquisition of Nigeria upstream oil and gas business for Conocophillips |
| January 28, 2014 | OER Announces agreement for US$50 million private placement |
2013
2013 December
| Date | Description |
|---|---|
| December 24, 2013 | OER Executes Second Facility Agreement with Oando Plc |
| December 16, 2013 | OER amends Loan Agreement with Oando PLC |
2013 November
| Date | Description |
|---|---|
| November 14, 2013 | Q3 2013 Result |
| November 28, 2013 | OER provides an update on the Acquisition of Conocophillips Nigeria Buisness and amends load Agreement with Oando PLC |
2013 October
| Date | Description |
|---|---|
| October 11, 2013 | OER Receives Signed Commitment letter for upto US$815 Million |
2013 September
| Date | Description |
|---|---|
| September 30, 2013 | OER Extends Repayment Date For Oando Loan |
| September 16, 2013 | Oando Energy Resources Provides an Update on the Conocophillips Acquisition |
2013 August
| Date | Description |
|---|---|
| August 19, 2013 | OER Files Preliminary Base Shelf Prospectus |
2013 May
| Date | Description |
|---|---|
| May 30, 2013 | OER Announces New Loan Agreement |
| May 17, 2013 | OER Announces Additional Production Capacity from Ebendo Field |
| May 16, 2013 | OER Announces Q1 2013 Results |
| May 16, 2013 | OER Announces Closing of QUA IBO Acquisition |
2013 April
| Date | Description |
|---|---|
| April 25, 2013 | OER Announces Resumpition of full production from production from Ebendo field |
| April 14, 2013 | OER Announces Director Resignation |
| April 02, 2013 | OER Announces Year End Results & Reserves Update |
| Date | Description |
|---|---|
| March 28, 2013 | OER Announces Operational Update |
| March 27, 2013 | OER Signs Documentation to Acquire 40% Participating Interest in Qua Ibo Marginal Field within OML 13 |
2012
2012 December
| Date | Description |
|---|---|
| December 30, 2012 | Oando Energy Resumes Production from the Ebendo Field |
| December 21, 2012 | Oando Energy Resources Signs Agreements to Acquire Conocophillips Nigerian Assets for US$1.79 Billion |
| December 17, 2012 | Oando Energy Resources Announces Appointment of Board of Directors |
| December 11, 2012 | Oando Energy Resources Expects Production Restart in Two weeks in the Ebenbo Field |
2012 November
| Date | Description |
|---|---|
| November 02, 2012 | Oando Energy Resources announces Q3 Financials Statement |
| November 13, 2012 | Oando Energy Resources Announces Closure Of NAOC Evacuation Pipeline For Ebendo Field |
2012 October
| Date | Description |
|---|---|
| 19 October 2012 | OER Announces Changes to Board of Directors |
2012 July
2012 January
| Date | Description |
|---|---|
| 30 January 2012 | Exile Resources Inc. Provides Update on Proposed Acquisition |
| 03 January 2012 | Exile Resources Inc. Announces Officer Appointment |
2011
2011 December
| Date | Description |
|---|---|
| 29 December 2011 | Exile Resources Inc. Announces Results of Special Meeting of Shareholders |
| 13 October 2011 | Exile Resources Inc. and Oando PLC Announce Execution of Definitive Agreement |
| 02 August 2011 | Exile Resources Inc. and Oando PLC Announce Proposed Acquisition and Financing |
Corporate Presentations, Factsheets & Webcasts
2016
| Date | Description | Type |
|---|---|---|
| November 2016 | ADIPEC Presenation |
2015
| Date | Description | Type |
|---|---|---|
| October 2015 | Africa Oil Week Presenation | |
| September 2015 | First Energy Presentation | |
| September 2015 | Corporate Presentation | |
| June 2015 | Oando Energy Resources CEO Pade Durotoye at Oil Council 2015 | Video |
| May 2015 | Corporate Presentation | |
| March 2015 | Nigerian Oil and Gas Conference | |
| March 2015 | Corporate Presentation | |
| March 2015 | Factsheet | |
| February 2015 | Building a Sustainable Hydrocarbon Economy |