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Bullboard - Stock Discussion Forum OANDO ENERGY RESOURCES INC WTS T.OER.W

Bullboard (TSX:OER.W)

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Post by BlindBat_1on 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  
Comment by bobby1231on 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  
Post by bobby1231on 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  
Post by dnsglobalon 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  
Post by Roxy10on Mar 27, 2013 6:35pm

Today's N/R

Oando averages 3,070 bopd at Abo, 1,540 bopd at Ebendo
Comment by dnsglobalon 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
Comment by marty81on 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  
Comment by BlindBat_1on 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  
Comment by marty81on 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  
Post by cincoagainon Mar 06, 2013 10:14am

nice chart since they announced acquisition

gone from $1.70 stock price to $.97.  Impressive!
Comment by cincoagainon 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....
Comment by goldeggson 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.  
Comment by shakabulaon 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.
Comment by goldeggson 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  
Comment by Odumosuon 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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