TimesTen In-Memory :: OracleDataReader - Object Reference Not Set To Instance Of Object

I have a problem with executing oracleCommand.ExecuteReader() method. Whatever I try it always returns null and it won't create OracleData reader object. I'm using ODAC 1120320_x64 for .net 4.0 and timesten112241.win64. Don't sure what to do. Debugger is showing strange thing in OracleConnection object : ConnectionState = Closed, but output of ttStatus shows connection to TimesTen data store and ExecuteNonQuery() command works just fine with or without (in or out) parameters. But when I try to execute some query with multile output such as select *, I can't get any result.

I also have a strange problem with connection.Open() When I execute Open() i throws AccessViolationException that can be handled with [Handle ProcessCorruptedStateExceptions] attribute, but connection is established after that and my application works fine until I try to instance OracleDataReader object.

Here is the code:
OracleCommand select = null;
OracleDataReader reader = null;

select = new OracleCommand(selectStmt, connection);
select.CommandType = CommandType.Text;
try
{
reader = select.ExecuteReader(); // this line throws NullReferenceException
if (reader.HasRows)
{
[code]....

Just to mention, I tried it with different queries (pl/sql, plane sql, stored procedure) and all of them works fine in SQL Developer, but not in app.