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Oando Energy Resources Announces Analyst Conference Call



           Oando Energy Resources Announces Analyst Conference Call

  PR Newswire

  CALGARY, Alberta, May 16, 2013

CALGARY, Alberta, May 16, 2013 /PRNewswire/ --

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 question-and-answer session.

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 90 days.

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 intended acquisitions.

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 uncertainties.

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 resources.

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 ( http://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.

For further information: Contact Information:Pade Durotoye, CEO Oando Energy
Resources Inc. pdurotoye@oandoenergyresources.com   +1-403-561-1713

Tokunboh Akindele Head Investor Relations Oando Energy Resources Inc.
takindele@oandoenergyresources.com   +1-403-560-7450

Jeremy Dietz/David Feick Investor Relations +1-403-218-2833
jdietz@equicomgroup.com dfeick@equicomgroup.com
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