Oando records 407790 barrels in Q1

A leading indigenous oil producer, Oando Exploration Resources (OER), a subsidiary of OandoPlc, has recorded an average crude oil production of 407,790 barrels of crude oil during the first quarter of 2014.

The firm produced an average of 4,531 barrels per day (bpd), during the first quarter, according to the Financial Derivatives Company’s latest report.

The report stated that: “The upstream arm of OandoPlc announced an average oil production of 4,531 barrels per day…. continue reading

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