CALGARY, May 16, 2014 /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 quarter ended March 31, 2014. The unaudited financial statements, notes and management's discussion and analysis pertaining to [...]
CALGARY, April 30, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) (the [...]
CALGARY, April 17, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press release dated March 28, 2014, the Company has paid a previously agreed upon deposit of $25 million for the extension of [...]
CALGARY, April 9, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press release dated January 31, 2014, it has extended the availability period of the US$450 million senior secured facility [...]
CALGARY, April 1, 2014 /CNW/ - Oando Energy Resources Inc. ("OER", the "Company" or the "Group") (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the year ended December 31, 2013. The audited consolidated financial statements the ("Financial Statements") and [...]
CALGARY, March 28, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press releases dated December 20, 2012, September 16, 2013, November 28, 2013, January 31, 2014, and March 3, 2014, the [...]
CALGARY, March 3, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press releases dated December 20, 2012, September 16, 2013, November 28, 2013 and January 31, 2014, the outside date for [...]
CALGARY, Feb. 27, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, is pleased to announce it has closed its previously announced private placement of units (the "Private Placement") for proceeds of US$50,000,000. In addition, the [...]
CALGARY, Feb. 10, 2014 /CNW/ - Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its news releases of January 28, 2014 and February 10, 2014, the Toronto Stock Exchange ("TSX") has accepted notice of the [...]
Oando Energy Resources today announced that it has entered into a new facility agreement and received a signed repayment deed (together, the "Loan from Oando Plc, the holder of 94.6% of the common shares of the Company, and a non-arm's length party to the Company. The Company intends to execute the repayment deed upon the expiry of the Notice [...]
Oando Energy today announced that, further to its press releases dated December 20, 2012, September 16, 2013 and November 28, 2014, it has, subject to, amongst other things, TSX approval, secured funding for the closure of the acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips. The Company currently estimates that the net [...]
Oando Energy today announced that, further to its press release dated October 10, 2013, it has entered into binding documentation for the following credit facilities: a US$350 million corporate facility agreement with a syndicate of Nigerian lenders, as well as FBN Capital Limited and FCMB Capital Markets Limited, as Mandated Lead Arrangers, FBN [...]