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The following is a personal opinion and an observation.
I expect that in the near term the answer is 'yes' in the sense that new versions will be released with bug fixes. New features will probably be sparse; note that the 9i versions of OO4O (still) do not support the new 9i data types.
Longer term you should consider ODP.NET.
If I were maintaining existing code, I would let it be unless sweeping changes were needed. New projects I would consider alternatives.
Oracle will continue releasing new OO4O versions in DB server releases after 9i Release 2. OO4O functionality will be added to support new DB features.