OANDO ENERGY RESOURCES INC WTS T.OER.W

Trading Halt - Big News?

[Greenchips]

Is this the rumored major acquisition?

[Roxy10]

Oando to buy Nigerian assets for $1.79-billion (U.S.) Yup

[thedave2006]

$1B+ acquisition from ConocoPhillips.  how will it be financed is the question?   cheers dave.

[BlindBat_1]

Is this the rumored major acquisition? =================== Certainly is, and retroactive to January 01, 2012 ! Here comes the Share offering  ...bring it on my check book is ready ! Talk about an agressive acquisition, good thing Mommy is there to help ! ================== Excerpt:   Oando Energy Resources signs agreements to acquire ConocoPhillips Nigerian assets for US$1.79 billion

[BlindBat_1]

$1B+ acquisition from ConocoPhillips.  how will it be financed is the question?   cheers dave. =============== Check your email for details...   Cheers,   BB

[Dave4444]

  I think the effective date of January 1, 2012, is a typo and should actual state 2013, but we will have to wait and see if they issue a correction.

[BlindBat_1]

I will be on the Conference call tomorrow....see you there...! Certainly will take a couple days at this end to compute the numbers and get a fell for the $$$ impact and long term growth mode.....darn interesting development for a junior in the OIL Industry....   And to boot , I hear there is another move that is still to be completed....darn anxious to see what that one looks like???!!!!!!!!