Latest Oando Energy (ONDOF) Headlines
Oando Energy Resources Extends Completion Date for Acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips
PR Newswire Europe - Mon Mar 03, 6:09AM CST
CALGARY, Alberta, March 3, 2014 /PRNewswire/ --
Oando Energy Resources extends completion date for acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips
CNW Group - Mon Mar 03, 5:21AM CST
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 completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) (the "ConocoPhillips Acquisition") has been extended to March 31, 2014.
Oando Energy Resources Closes Private Placement and Converts Loan
PR Newswire Europe - Thu Feb 27, 8:12AM CST
CALGARY, Alberta, February 27, 2014 /PRNewswire/ --
Oando Energy Resources closes private placement and converts loan
CNW Group - Thu Feb 27, 7:39AM CST
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 Company converted to equity amounts outstanding under the US$1.2 billion facility agreement dated 10 February with Oando Plc (the "Oando Loan") (the "Conversion").
Oando Energy Resources Provides Further Update on Private Placement
PR Newswire Europe - Mon Feb 10, 5:05PM CST
CALGARY, Alberta, February 10, 2014 /PRNewswire/ --
Oando Energy Resources provides further update on Private Placement
CNW Group - Mon Feb 10, 5:00PM CST
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 proposed private placement of 35,070,063 common shares of the Company and 17,535,031 warrants for gross proceeds of US$50,000,000 (the "Private Placement") and the proposed acquisition by the Company of the outstanding shares of Medal Oil Limited (the "Medal Oil Acquisition"), which owns a 5% interest in OML 131, for a purchase price of US$5,000,000 to be satisfied by the issuance of 3,491,082 common shares of the Company and 1,745,541 warrants. In addition, TSX has conditionally approved the listing of all common shares issuable (including underlying the warrants) pursuant to the Private Placement and the Medal Oil Acquisition. Listing will be subject to OER fulfilling all of TSX's listing conditions.
Oando Energy Resources Enters Into New Facility Agreement With Oando Plc
PR Newswire Europe - Mon Feb 10, 7:57AM CST
CALGARY, Alberta, February 10, 2014 /PRNewswire/ --
Oando Energy Resources enters into new facility agreement with Oando Plc
CNW Group - Mon Feb 10, 7:11AM CST
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 entered into a new facility agreement and received a signed repayment deed (together, the "Loan Documentation") 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 ("Oando"). The Company intends to execute the repayment deed upon the expiry of the Notice Period (as defined below).
Oando Energy Resources Secures Funding for Acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips
PR Newswire Europe - Fri Jan 31, 9:01PM CST
CALGARY, Alberta, February 1, 2014 /PRNewswire/ --
Oando Energy Resources secures funding for acquisition of Nigerian upstream oil and gas business of ConocoPhillips
CNW Group - Fri Jan 31, 6:48PM CST
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 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 (NYSE: COP) (the "ConocoPhillips Acquisition").
Oando Energy Resources Executes Binding Loan Agreement for Acquisition of Nigerian Assets from ConocoPhillips
PR Newswire Europe - Fri Jan 31, 5:50PM CST
CALGARY, Alberta, January 31, 2014 /PRNewswire/ --
Oando Energy Resources Announces Agreement for US$50 Million Private Placement
PR Newswire Europe - Tue Jan 28, 6:01AM CST
CALGARY, Alberta, January 28, 2014 /PRNewswire/ --
Oando Energy Resources announces agreement for US$50 million private placement
CNW Group - Tue Jan 28, 6:00AM CST
/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Oando Energy Resources Extends Completion Date for Acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips
PR Newswire Europe - Mon Mar 03, 6:09AM CST
CALGARY, Alberta, March 3, 2014 /PRNewswire/ --
Oando Energy Resources extends completion date for acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips
CNW Group - Mon Mar 03, 5:21AM CST
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 completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) (the "ConocoPhillips Acquisition") has been extended to March 31, 2014.
Oando Energy Resources Closes Private Placement and Converts Loan
PR Newswire Europe - Thu Feb 27, 8:12AM CST
CALGARY, Alberta, February 27, 2014 /PRNewswire/ --
Oando Energy Resources closes private placement and converts loan
CNW Group - Thu Feb 27, 7:39AM CST
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 Company converted to equity amounts outstanding under the US$1.2 billion facility agreement dated 10 February with Oando Plc (the "Oando Loan") (the "Conversion").
Oando Energy Resources Provides Further Update on Private Placement
PR Newswire Europe - Mon Feb 10, 5:05PM CST
CALGARY, Alberta, February 10, 2014 /PRNewswire/ --
Oando Energy Resources provides further update on Private Placement
CNW Group - Mon Feb 10, 5:00PM CST
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 proposed private placement of 35,070,063 common shares of the Company and 17,535,031 warrants for gross proceeds of US$50,000,000 (the "Private Placement") and the proposed acquisition by the Company of the outstanding shares of Medal Oil Limited (the "Medal Oil Acquisition"), which owns a 5% interest in OML 131, for a purchase price of US$5,000,000 to be satisfied by the issuance of 3,491,082 common shares of the Company and 1,745,541 warrants. In addition, TSX has conditionally approved the listing of all common shares issuable (including underlying the warrants) pursuant to the Private Placement and the Medal Oil Acquisition. Listing will be subject to OER fulfilling all of TSX's listing conditions.
Oando Energy Resources Enters Into New Facility Agreement With Oando Plc
PR Newswire Europe - Mon Feb 10, 7:57AM CST
CALGARY, Alberta, February 10, 2014 /PRNewswire/ --
Oando Energy Resources enters into new facility agreement with Oando Plc
CNW Group - Mon Feb 10, 7:11AM CST
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 entered into a new facility agreement and received a signed repayment deed (together, the "Loan Documentation") 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 ("Oando"). The Company intends to execute the repayment deed upon the expiry of the Notice Period (as defined below).
Oando Energy Resources Secures Funding for Acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips
PR Newswire Europe - Fri Jan 31, 9:01PM CST
CALGARY, Alberta, February 1, 2014 /PRNewswire/ --
Oando Energy Resources secures funding for acquisition of Nigerian upstream oil and gas business of ConocoPhillips
CNW Group - Fri Jan 31, 6:48PM CST
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 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 (NYSE: COP) (the "ConocoPhillips Acquisition").
Oando Energy Resources Executes Binding Loan Agreement for Acquisition of Nigerian Assets from ConocoPhillips
PR Newswire Europe - Fri Jan 31, 5:50PM CST
CALGARY, Alberta, January 31, 2014 /PRNewswire/ --
Oando Energy Resources Announces Agreement for US$50 Million Private Placement
PR Newswire Europe - Tue Jan 28, 6:01AM CST
CALGARY, Alberta, January 28, 2014 /PRNewswire/ --
Oando Energy Resources announces agreement for US$50 million private placement
CNW Group - Tue Jan 28, 6:00AM CST
/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
