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Oando Energy Resources Inc.

03:46 PM EST - Oando Energy Resources Inc. : announced the well test results of the EB-4 well's second zone (Level XIX), which yielded 2,400 bopd of 49 degree API oil using a 28/64" choke. This result concludes a successful drilling program and well tests on the two strings encountered. Level XIX was the primary target for this well and is also the zone currently producing 2,100 bopd on a 28/64" choke in the EB-1 well. Oando Energy Resources Inc.
shares T.OER are trading down $0.02 at $0.89.