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Oando Plc announces extention on completion date of acquisition of Nigerian Upstream Oil And Gas Business

Friday, 2 May 2014 04:30am EDT 

Oando Plc:Says outside date for completion of proposed acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips has been extended to June 30, 2014.OER has agreed to increasing its deposit by $25 million on May 30, 2014, if the consent of the Honourable Minister of Petroleum Resources is not received on or before May 23, 2014. 

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