Same issue, Win7, tried replacing dll, didn't work, tried re-installing VC_redist.x64.exe from MS, didn't work, just got another error instead (0xc000007b), instead of that my game is missing from my PC. Have reinstalled game as well, has gone into my local files as Bungie suggested on twitter and made sure that battleye was installed correctly. Has also done all of the above in all combinations imaginable with reboots between all the different cases.
Have played Bungie games since Oni, a dedicated user would appriciate a fix. Cheers!
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Oni was such a cool game.