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Oando Energy Resources announces election of directors

Calgary, AB – June 15, 2015 – Oando Energy Resources Inc. (“Oando Energy Resources”, “OER” or the “Company”) (TSX: OER) today announced that all of the nominee directors listed in the Company’s management information circular dated May 6, 2015, were elected as directors of the Company. The vote was conducted by ballot at the Company’s annual general and special meeting of shareholders held on June 11, 2015. The results of the vote are set out below:

Nominee Votes For Votes Withheld Percentage of Votes For Percentage of Votes Withheld
Jubril Adewale Tinubu 655,752,493 244 100 0
Omamofe Boyo 655,752,493 244 100 0
Bill Watson 655,752,493 244 100 0
John Orange 655,752,493 244 100 0
Philippe Laborde 655,752,493 244 100 0
Ron Royal 655,752,493 244 100 0
Olapade Durotoye 655,752,493 244 100 0

About Oando Energy Resources Inc.

OER currently has a broad suite of producing, development and exploration assets in the Gulf of Guinea (predominantly in Nigeria). OER’s sales production was 55,399 boe/d for the month ended March 31, 2015.

For further information, contact:

Pade Durotoye, CEO

pdurotoye@oandoenergyresources.com

+1 403-561-1713

Tokunboh Akindele,

Head Investor Relations,

takindele@oandoenergyresources.com

+1 403-560-7450

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