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Bullboard - Stock Discussion Forum
OANDO ENERGY RESOURCES INC WTS
T.OER.W
Energy
Oil & Gas E&P
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Bullboard (TSX:OER.W)
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•••
BlindBat_1
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Post by
BlindBat_1
on Apr 06, 2013 9:30am
Oando Raises $402MM Equity, Lines Up $800MM Debt,
Nigerian Energy Company, Oando, looks more likely than ever to consummate the ongoing purchase of the Nigerian assets of ConocoPhillips, the American independent. - The deadline for payment was March
...more
(0)
•••
bobby1231
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Comment by
bobby1231
on Apr 01, 2013 10:49pm
RE: MD & A
Description of Business Oando Energy Resources Inc. (previously known as Exile Resources Inc.) is a publicly traded company and listed on the Toronto Stock Exchange (“TSX”) under the symbol “OER”. The
...more
(0)
•••
bobby1231
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Post by
bobby1231
on Apr 01, 2013 10:46pm
MD & A
BUSINESS COMBINATION On October 13, 2011, Exile Resources Inc. (“Exile”) (now named Oando Energy Resources Inc.) and Oando Plc announced that they had entered into a definitive master agreement dated
...more
(0)
•••
dnsglobal
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Post by
dnsglobal
on Mar 30, 2013 11:36pm
OEr New Share Issue
Hi, OER will issue 460m new shares in order to raise funds for acquisition of COP assets . There is a report online published by the Stonecap Securities I don't know what will happen to small
...more
(0)
•••
Roxy10
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Post by
Roxy10
on Mar 27, 2013 6:35pm
Today's N/R
Oando averages 3,070 bopd at Abo, 1,540 bopd at Ebendo
(0)
•••
dnsglobal
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Comment by
dnsglobal
on Mar 15, 2013 6:09pm
RE: RE: RE: RE: nice chart since they announced ac
do they realy going to split the oer stock,that was down 1.80 -76 now again going up like crezy is this real or some one playing the game here
(0)
•••
marty81
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Comment by
marty81
on Mar 07, 2013 4:53pm
RE: RE: RE: nice chart since they announced acquis
Well if that capital raising plan is what they had in mind, they will be issuing twice as many shares as expected. The best raise they did was the convertible from the parent. The
...more
(0)
•••
BlindBat_1
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Comment by
BlindBat_1
on Mar 07, 2013 12:15pm
RE: RE: nice chart since they announced acquisitio
Yep. There's no liquidity in the stock, so like many reverse mergers with no liquidity, the stock goes down making it impossible to do an equity raise at a reasonable valuation in order to
...more
(0)
•••
marty81
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Comment by
marty81
on Mar 06, 2013 5:18pm
RE: nice chart since they announced acquisition
Yep. There's no liquidity in the stock, so like many reverse mergers with no liquidity, the stock goes down making it impossible to do an equity raise at a reasonable valuation in order to
...more
(0)
•••
cincoagain
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Post by
cincoagain
on Mar 06, 2013 10:14am
nice chart since they announced acquisition
gone from $1.70 stock price to $.97. Impressive!
(0)
•••
cincoagain
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Comment by
cincoagain
on Feb 02, 2013 1:30am
RE: RE: RE: RE: Oando Rights Issue
yes, there does seem to be interest. unfortunately, it is people interested in selling oer....
(0)
•••
goldeggs
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Comment by
goldeggs
on Jan 28, 2013 3:25pm
RE: RE: RE: Oando Rights Issue
Thanks. I found the details after posting the question and it makes more sense now. With such a big deal pending one would expect a bit more interest here.
(0)
•••
shakabula
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Comment by
shakabula
on Jan 27, 2013 11:00pm
RE: RE: Oando Rights Issue
No, the Rights alone won't fund acquisition. The total net proceeds form the rights = NGN52.9 billion = CND$340 million.
(0)
•••
goldeggs
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Comment by
goldeggs
on Jan 18, 2013 3:11pm
RE: Oando Rights Issue
Since you are watching what is happening in Nigeria, can you please clarify a few issues for those of us new to this company.Oanda PLC (the parent co.) is a very substantial and diversified Nigerian
...more
(0)
•••
Odumosu
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Comment by
Odumosu
on Jan 18, 2013 8:33am
Oando Rights Issue
The company has been welcomed by Investors in Nigeria and they are going for their Rights Issue and this is backed on the major aquisition which they did - conoco Philips....
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