Oando PLC announced audited production results for the financial year ended December 31, 2019. For the year the company reported production was increased by 6% to 42,492boe/day, compared with 40,023boe/day over the same period of 2018. 6% increase in Oil production was 17,969 bbls/day of crude oil against 16,967 bbls/day a year ago.

11% increase in Natural Gas production, 22,047boe/day against 19,922 a year ago. 21% decrease in NGL production was 2,476bbls/day against 3,134bbls/day a year ago.