ucheson2: Those that are still waiting for cop deal to click before they join oando, how many units of transcorp or conoil have you been able to buy since the bulish era?

phemmie06: http://www.nse.com.ng/Financial_NewsDocs/4820_OANDO_9_MONTHS_SEPT_2013_FINANCIAL_STATEMENTS_NOVEMBER_2013.pdf

9free:
I fit sell 1000units out of the 2000units I have for N25/share.

janykute: Please house,I received a dividend alert on my account for unity bank on Monday.
When did they declare the dividend cos am not aware of any?

Krisuba: Any body wit info about guinea insuranc? Are they on tech suspension or ar they dead n 4gotten? Ogas make u una ansa pls oo

Born 2be Rich: OER completes acquisition.

Aks: OANDO doing me proud, trading @ d moment @ 12.83

Aks: OANDO doing me proud, trading @ d moment @ 12.83

Born 2be Rich: C&I leasing don commot from car park o...Where Jamace dey

Born 2be Rich: OER completes acquisition.

soloniger: Oga no source again, hope u no de use nokia 3310 like 9free ooo

ihedioramma: the stock is looking at you what can you say? what is cop?

ihedioramma: the stock is looking at you what can you say? what is cop?

soloniger: Oga no source again, hope u no de use nokia 3310 like 9free ooo

Elai147:



Only the news wey oga 9free Nokia 3310 give us recently drove Oando share price to N12. This one go surely take am to N13 on Monday. We need more Nokia 3310 news pls...

qizick: abeg some of us dey use this forum learn abeg I wan add stock on Monday make I buy oando ? some one help me or advice me on Wat to buy

Elai147:

Why nse site no come dey open again na? Pls who don see this Oando result should tell us how the tin be.

soloniger: CoP=ConocoPhillips

Born 2be Rich:


Na china phone me dey use o...

Born 2be Rich:


Na china phone me dey use o...

Born 2be Rich: OER completes acquisition.

fxisreal:



Oando Energy Resources(OER), an affiliate company of Oando PLC, focused on oil exploration and production in Nigeria, has expressed confidence in concluding the acquisition of the Nigerian oil and gas business of ConocoPhillips (COP). The corporate affairs department of the company made his statement, refuting a wire service report that the deal had already been concluded.

OER had paid COP an initial deposit of US$435 million and the net purchase price payable to complete the acquisition of the remaining assets associated with the COP Acquisition is estimated to be approximately US$1.22 billion. To conclude the deal, OER has also received commitment letters for up to US$815 million of bank credit facilities, with US$465 million drawn from Reserve Based Lending Facility, internationally placed and led by BNP Paribas, Standard Bank, and Standard Chartered Bank; and a US$350 million Senior Secured Loan, jointly arranged locally in Nigeria, by FBN Capital and FCMB Capital Markets.

“Maximizing value for our shareholders is our ultimate goal, and through optimal financing we remain determined to conclude the COP Acquisition as soon as possible and increase our market share and infrastructure within the sector,” said Pade Durotoye, CEO of Oando Energy Resources.

Once the deal is concluded, OER’s daily production will substantially increase from 4,500 bpd to 45,000 bpd, and will place the company as the largest indigenous producer behind the International Oil Companies (IOCs). The acquisition also paves the way for other indigenous companies to address operational boundaries within Nigeria and position themselves as global players, thus providing unprecedented opportunities for local and international investors to invest in Nigeria.

http://businessdayonline.com/2013/11/oando-energy-resources-reaffirms-acquisition-of-conoco-phillips-nigerian-assets/

SWG 1: please house, how safe is it to enter ABC now considering it's on its way to south

henrimoto: @ihedioramma... this is the answer to your question about COP (CONOCOPHILIPS)

henrimoto: @ihedioramma... this is the answer to your question about COP (CONOCOPHILIPS)

fxisreal:



Oando Energy Resources(OER), an affiliate company of Oando PLC, focused on oil exploration and production in Nigeria, has expressed confidence in concluding the acquisition of the Nigerian oil and gas business of ConocoPhillips (COP). The corporate affairs department of the company made his statement, refuting a wire service report that the deal had already been concluded.

OER had paid COP an initial deposit of US$435 million and the net purchase price payable to complete the acquisition of the remaining assets associated with the COP Acquisition is estimated to be approximately US$1.22 billion. To conclude the deal, OER has also received commitment letters for up to US$815 million of bank credit facilities, with US$465 million drawn from Reserve Based Lending Facility, internationally placed and led by BNP Paribas, Standard Bank, and Standard Chartered Bank; and a US$350 million Senior Secured Loan, jointly arranged locally in Nigeria, by FBN Capital and FCMB Capital Markets.

“Maximizing value for our shareholders is our ultimate goal, and through optimal financing we remain determined to conclude the COP Acquisition as soon as possible and increase our market share and infrastructure within the sector,” said Pade Durotoye, CEO of Oando Energy Resources.

Once the deal is concluded, OER’s daily production will substantially increase from 4,500 bpd to 45,000 bpd, and will place the company as the largest indigenous producer behind the International Oil Companies (IOCs). The acquisition also paves the way for other indigenous companies to address operational boundaries within Nigeria and position themselves as global players, thus providing unprecedented opportunities for local and international investors to invest in Nigeria.

http://businessdayonline.com/2013/11/oando-energy-resources-reaffirms-acquisition-of-conoco-phillips-nigerian-assets/

phemmie06: http://www.nse.com.ng/Financial_NewsDocs/4820_OANDO_9_MONTHS_SEPT_2013_FINANCIAL_STATEMENTS_NOVEMBER_2013.pdf