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Oando to raise $750 million to boost oil output by 300% 

Oando to raise $750 million to boost oil output by 300% 

News

Oando Plc is planning to raise up to $750 million to fund a major drilling campaign aimed at boosting its oil output by as much as 300%. The plan was disclosed by the company’s Chief Executive Officer, Wale Tinubu, in an interview with Reuters. He said Oando, which recorded an average production of just over 32,000 barrels […]

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