Oando Plc

All Group Financial Services Inc. Advises of Oando Energy Resources Inc. Control Block Distribution

All Group Financial Services Inc. ("All Group") advises that it has been appointed by Oando PLC, a control block holder of Oando Energy Resources Inc. ("OER" or the "Company") (TSX:OER), to facilitate the sale of up to 60,000,000 common shares of OER. The sale will be made through the facilities of the Toronto Stock Exchange. For more information, please call Mr. James Moon, Managing Director Investment Banking at 416-613-1530.

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Nigeria's Oando confirms raising $1.63B for Conoco assets acquisition

Nigeria-based energy firm Oando Plc said it closed $1.63 billion to purchase the assets of US-based firm ConocoPhillips in the country, in a bid to become the top producer for the biggest oil exporter of Africa.

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