Oando forecasts 2026 capital expenditure of $90 million-$100 million

• Oando forecasts 2026 capital expenditure of $90 million-$100 million.
• Production is forecast at 40,000-45,000 boepd, versus 42,985 boepd in the first nine months, up 14% year over year.
• Full-year trading volumes are projected at 22 million-26 million barrels.
• A medium-term production target of approximately 100,000 boepd is supported by 62 identified development wells.
• A ₦220 billion Rights Issue is expected to lower leverage and interest costs; borrowings fell ₦533 billion in the first nine months.

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.