Oando Energy Resources today announced the closing of its going private arrangement transaction, pursuant to which Oando E&P Holdings, a private company incorporated under the laws of the Province of British Columbia as a wholly-owned subsidiary of Oando PLC, has acquired all of the issued and outstanding common shares of OER, excluding the Common [...]
Oando Energy Resources announces that the outside date under OER's previously announced proposed plan of arrangement with Oando PLC and Oando E&P Holdings has been extended to May 31, 2016 in order for the parties to obtain the remaining outstanding lender consents. Other material conditions precedent to completion of the Arrangement have been [...]
Oando Energy Resources is pleased to announce the following transactions by its 81.5% held subsidiary, Equator Exploration Ltd, relating to its blocks in the Exclusive Economic Zone of the Democratic Republic of Sao Tome and Principe. On February 19, 2016, Equator executed a Production Sharing Contract with the National Petroleum Agency of STP for [...]
CALGARY, March 29, 2016 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Corporation") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the three and twelve months ended December 31, 2015. The audited consolidated financial statements, notes and management's [...]
CALGARY, March 24, 2016 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER) announces that the outside date under OER's previously announced proposed plan of arrangement (the "Arrangement") with Oando PLC and Oando E&P Holdings Limited (the "Purchaser") has been extended to April 29, 2016 in order for the parties to obtain [...]
CALGARY, Feb. 25, 2016 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER) is pleased to announce that at a special meeting of its shareholders held today, its shareholders overwhelmingly approved the previously announced plan of arrangement (the "Plan of Arrangement") with Oando PLC and Oando E&P Holdings Limited (the [...]
CALGARY, Feb. 3, 2016 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER) today announced that it has filed on SEDAR and is mailing a Notice of Meeting and Management Information Circular (the "Circular") in respect of a special meeting of shareholders (the "Meeting") scheduled to be held on February 25, 2016 in Vancouver [...]
CALGARY, Dec. 22, 2015 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that it has entered into a definitive agreement (the "Arrangement Agreement") with Oando PLC and Oando E&P Holdings Limited, a private company incorporated under the [...]
CALGARY, Nov. 3, 2015 /CNW/ - 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 a $91 Million upsizing of its senior secured facility (the "RBL Upsize") from $215 Million to $306 Million, and the repayment of its $100 Million African [...]
CALGARY, Alberta, Oct. 26, 2015 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the three and nine months ended September 30, 2015. The unaudited consolidated financial statements, notes and [...]
CALGARY, Oct. 26, 2015 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the three and nine months ended September 30, 2015. The unaudited consolidated financial statements, notes and management's [...]
CALGARY, Alberta, Sept. 2, 2015 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, effective August 31, 2015, it has continued (the "Continuance") from the federal jurisdiction of Canada into the Province of British Columbia [...]