Oando completes Ob/Ob-Kwale project, boosts gas supply to Okpai power plant by 80%

• Oando’s 2026 seven-well drilling campaign across OMLs 60-63 remains on schedule, with two wells onstream and two workovers completed.
• Two more wells are being drilled; the final well, Ogbainbiri, is scheduled to spud in December.
• The completed campaign is expected to add 16,000-20,000 barrels of oil equivalent per day in gross production.
• Full-year capital expenditure is projected at $90 million-$100 million, focused on short-cycle upstream activities.
• Completion of the Ob/Ob-Kwale reverse-flow project increased gas supply to the Okpai power plant by 80%, supporting higher electricity generation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oando plc published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.