OER Targets End July for Final Close of the ConocoPhillips Acquisition

Source: www.gulfoilandgas.com 6/30/2014, Location: Africa

Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria, announced that the Company and ConocoPhillips have entered into an agreement to extend the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips to July 31, 2014.

The parties extended the outside closing date for completion of the ConocoPhillips Acquisition to enable them to finalise activities required to complete the transaction having received the required consent of the Honourable Minister of Petroleum Resources in Nigeria.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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