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Oando Energy Resources Inc T.OER

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s): T.OER.WT|T.OER.WT.A|ONDOF

Oando Energy Resources Inc formerly Exile Resources Inc. is engaged in the acquisition, exploration and development of crude oil and natural gas properties in existing and underdeveloped basins.
Price: $1.41 | Change: $0.00 | % Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 1.90/0.96

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5 stars

OANDO versus Mart

Some very interesting comments about both Nigerian players from an SA author with a proven track record. His latest article is bearish on MMT and neutral on Oando. His yesterday's article below is...read more
0 stars

Hey Look Oando in the News

http://businessdayonline.com/2013/11/nigeria-to-offer-31-lower-volume-oilfields-to-domestic-operators/ Nigeria to offer 31 lower-volume oilfields to domestic operators November 28, 2013 | Filed...read more
0 stars

Updates if you missed..

planning on drilling further wells Qua Ibo 5 production well that is targeted an additional drainage point for the reservoir encountered during the Qua Ibo 4 well.. Production from our offshore Abo...read more
2 stars

Oando Energy Resources

What is going on with this company it is making prograss or going down with Conco aqusition if any one has idea pl share with us  rate and reply
0 stars

Questions for Annual mtg

Questions for the Annual mtg  Any others?  Regards cc.  Link  What are the plans for the remaining 18.5% stub of EEL? Any plans to cross-list on AMEX? London? What % of OML 56 production will...read more
0 stars

RE: RE: OER will have a big financing soon

I think I know how they are going to raise that 400 million, just received annual meeting booklet last week read it on the weekend and they are proposing a 25 to 1 share consolidation, so I started...read more
0 stars

RE: OER will have a big financing soon

First of all: and the problem would be??    they are buying a massive asset so we KNOW dilution is coming. Secondly: they are raising 400 million, you seem to be well informed, good for you :-)  rate and reply
0 stars

OER will have a big financing soon

Let's expect.a private placement at . 80 cents for.$800 million ...... a billion share issue is possible >  rate and reply
3 stars

OER will have a big financing soon

Let's expect.a private placement at . 80 cents for.$800 million ...... a billion share issue is possible >  rate and reply
0 stars

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...read more
0 stars

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...read more
0 stars

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...read more
0 stars

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 share...read more
3 stars

Today's N/R

Oando averages 3,070 bopd at Abo, 1,540 bopd at Ebendo  rate and reply
0 stars

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  rate and reply
0 stars

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 liquidity issue...read more
0 stars

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 rectify...read more
0 stars

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 rectify...read more
0 stars

nice chart since they announced acquisition

gone from $1.70 stock price to $.97.  Impressive!  rate and reply