Oando

Oando PLC is Africa's leading indigenous energy company operating in the upstream sector, with interests in the downstream. The Company has a primary listing on the Nigerian Stock Exchange and is the first African company to have a cross-border inward listing on the Johannesburg Stock Exchange. In 2014, Oando acquired ConocoPhillips' Nigerian business through its upstream subsidiary, Oando Energy Resources (OER), making it the country's leading indigenous oil and gas producer. OER has a portfolio of oil and gas assets in Nigeria and Sao Tome & Principe. The Company holds interests in 14 licenses for exploration, development, and production of oil and gas concessions with a net average production currently at 53,000~boepd. Oando Trading DMCC (OTD) is a supply and trading company and a fully-owned subsidiary of Oando PLC.