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Latest Oando Energy Resources Inc. Stories

2014-09-05 20:20:16

CALGARY, Alberta, September 5, 2014 /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 a wholly-owned subsidiary of Oando PLC, has filed a Form 45-102F1 on SEDAR as Project No. 2257775 to provide the required notice of its intention to sell up to 60,000,000 common shares of OER ("OER Shares") through the facilities of the Toronto Stock Exchange. The Company...

2014-08-21 20:20:55

CALGARY, Alberta, August 21, 2014 /PRNewswire/ -- 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 the conversion to equity of principal and interest in the amount of US$ 98 million, outstanding under the US$ 1.2 billion facility agreement dated 10 February, 2014 with Oando Plc (the "Oando Loan") (the "Conversion"). US$ 41 million of principal...

2014-08-15 12:22:08

CALGARY, Alberta, August 15, 2014 /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 six month period ended June 30, 2014. The unaudited financial statements, notes and management's discussion and analysis pertaining to the period are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at...

2014-07-30 12:24:18

CALGARY, Alberta, July 30, 2014 /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 the completion of its acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) for a total cash consideration of US$1.5 billion after customary adjustments plus a deferred consideration of US$33 million (the "Transaction"). The Transaction...

2014-07-11 16:21:51

CALGARY, Alberta, July 11, 2014 /PRNewswire/ -- 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 it has completed the acquisition of Medal Oil Company Limited ("Medal Oil"). The purchase price of US$5,000,000 was satisfied by the issuance of 3,491,082 units, each unit consisting of one common share of the Company and one-half of one warrant to...

2014-07-10 00:20:40

CALGARY, Alberta, July 10, 2014 /PRNewswire/ -- 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 the conversion to equity of principal in the amount of US$168 million, interest in the approximate amount of US$ 2.9 million and fees in the amount of US$ 48 million outstanding under the US$1.2 billion facility agreement dated 10 February 2014 with...

2014-06-30 08:23:37

CALGARY, Alberta, June 30, 2014 /PRNewswire/ -- 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 Company and ConocoPhillips have entered into an agreement to extend the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) (the "ConocoPhillipsTransaction") to July 31,...

2014-06-20 12:24:23

CALGARY, Alberta, June 20, 2014 /PRNewswire/ -- 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 the results of the vote on the election of its directors at the Company's Annual General Meeting of Shareholders (the "Meeting"). The nominees named in the Management Information Circular dated May 6, 2014 were elected as directors of the Company at the...

2014-06-18 12:26:24

CALGARY, Alberta, June 18, 2014 /PRNewswire/ -- 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 receipt of the consent of the Honourable Minister of Petroleum Resources of Nigeria for the acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) for a total cash consideration of $1.65 Billion subject to customary adjustments...

2014-06-09 12:23:17

CALGARY, Alberta, June 9, 2014 /PRNewswire/ -- 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 April 9, 2014, OER also announces that it has extended the availability period of the US$450 million senior secured facility agreement arranged by a group of international banks including Standard Chartered Bank (acting...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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