CALGARY, May 16, 2013 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil exploration and production in Nigeria, today
announced that it will hold a conference call to discuss the
operational and financial results for the quarter ended March 31, 2013.
The conference call is scheduled for Friday, May 17, 2013 at 12:00 PM
Eastern Daylight Time (10:00 AM Mountain Daylight Time). Mr. Pade
Durotoye, Chief Executive Officer of OER and Adeola Ogunsemi, Chief
Financial Officer of OER will host the call and be available during the
To access the conference call, please dial 1-888-231-8191. If dialing
internationally (outside of North America) the conference call can be
accessed by calling 1-647-427-7450. Participants must request the Oando
Energy Resources Conference Call.
A replay of the conference call will be available through May 24, 2013.
To access the replay, dial 1-855-859-2056 (North America) or
1-416-849-0833 (International) and enter reservation number 74045446
followed by the number sign.
A live audio webcast of the conference call will be available at: http://www.newswire.ca/en/webcast/detail/1167077/1276451. Please connect at least 15 minutes prior to the conference call to
ensure adequate time for any software download that may be required to
join the webcast. The webcast will be archived at the above website for
About Oando Energy Resources Inc. (OER)
OER currently has a broad suite of producing, development and
exploration properties in the Gulf of Guinea (predominantly in Nigeria)
with current production of approximately 5,205 bopd from the Abo Field
in OML 125 and the Ebendo Field in OML 56. OER has been specifically
structured to take advantage of current opportunities for indigenous
companies in Nigeria, which currently has the largest population in
Africa, and one of the largest oil and gas resources in Africa.
Forward Looking Statements:
This news release contains forward-looking statements and
forward-looking information within the meaning of applicable securities
laws. The use of any of the words "expect", "anticipate", "continue",
"estimate", "objective", "ongoing", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions are intended to
identify forward-looking information or statements. In particular,
this news release contains forward-looking statements relating to
Although the Company believes that the expectations and assumptions on
which such forward-looking statements and information are reasonable,
undue reliance should not be placed on the forward-looking statements
and information because the Company can give no assurance that such
statements and information will prove to be correct. Since
forward-looking statements and information address future events and
conditions, by their very nature they involve inherent risks and
Actual results could differ materially from those currently anticipated
due to a number of factors and risks. These include, but are not
limited to: risks related to international operations, the actual
results of current exploration and drilling activities, changes in
project parameters as plans continue to be refined and the future price
of crude oil. Accordingly, readers should not place undue reliance on
the forward-looking statements. Readers are cautioned that the
foregoing list of factors is not exhaustive.
There is no certainty that any portion of the resources referred to
herein will be discovered and, if discovered, there is no certainty
that it will be commercially viable to produce any portion of the
Additional information on these and other factors that could affect the
Company's financial results are included in reports on file with
applicable securities regulatory authorities and may be accessed
through the SEDAR website (www.sedar.com) for the Company. The forward-looking statements and information
contained in this news release are made as of the date hereof and the
Company undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by
applicable securities laws.
SOURCE: Oando Energy Resources Inc.
For further information:
Pade Durotoye, CEO
Oando Energy Resources Inc.
+1403 561 1713
Head Investor Relations
Oando Energy Resources Inc.
+1403 560 7450
Jeremy Dietz/David Feick
+1 403 218 2833