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ok lo and geh... i'm trying to be good :)
mom2jbk, well spacing is 40 acres vert and 160 horizontal..
REVISED. Yes! Darn glad for that too. I'd this this stock since the 1 wk of the month and the annoucement of the merger and missed serveral opportunities as I had no dry powder until yesterday and i had an open order in the 4.20+ range and felt I needed to chase it to get filled. thanks scraft!
tell me basher...when was the stock last there?
tater, where do you see things heading tomorrow if no change in the symbol? tia
love this: On Friday 22nd June, 2007, Terax Energy announced, in a press release, that it has finalized the agreements for the following to occur with Westar Oil: A share exchange which includes a change in name from Terax Energy, Inc. to Westar Oil and Gas Inc, and the acquisition of $175 Million in senior debt.
Westar Oil has executed an agreement with a New York-based energy lender to provide up $175 Million of senior debt financing for the company, subject to certain due diligence conditions. The $175 Million of financing is allocated to close two major oil and gas acquisitions involving current production with substantial upside in additional drilling. The senior debt is secured by the oil and gas properties being acquired. No shares of the company are being issued to obtain this financing. Westar Oil has also executed on its purchase of the balance of the shares which were part of its original purchase agreement with Terax. In addition, several contracts which Westar is set to close will be assigned to the new company. Furthermore, the company will be issuing a stock dividend to the shareholders of record upon the date the symbol changes to Westar, which is expected to occur within the next 10 days. The stock dividend will be for the difference in the stock price on the date of the symbol change and the value of $6.75 per share.
cb, pull out your pencil and take notes!!! On Friday 22nd June, 2007, Terax Energy announced, in a press release, that it has finalized the agreements for the following to occur with Westar Oil: A share exchange which includes a change in name from Terax Energy, Inc. to Westar Oil and Gas Inc, and the acquisition of $175 Million in senior debt.
Westar Oil has executed an agreement with a New York-based energy lender to provide up $175 Million of senior debt financing for the company, subject to certain due diligence conditions. The $175 Million of financing is allocated to close two major oil and gas acquisitions involving current production with substantial upside in additional drilling. The senior debt is secured by the oil and gas properties being acquired. No shares of the company are being issued to obtain this financing. Westar Oil has also executed on its purchase of the balance of the shares which were part of its original purchase agreement with Terax. In addition, several contracts which Westar is set to close will be assigned to the new company. Furthermore, the company will be issuing a stock dividend to the shareholders of record upon the date the symbol changes to Westar, which is expected to occur within the next 10 days. The stock dividend will be for the difference in the stock price on the date of the symbol change and the value of $6.75 per share.
lol, assault on the 5's tomorrow if the ticker is the same./eom
Revised: here we go.....glta. getting ready to blast off and assult the 5's! :) /eom
REVISED: petermic, do you think the assult to print the 5's start in say 30 mins?
better late than never... been watching this stock and even posted on this thread at the first announcement of the merger. had no dry powder and missed several plays and opportunities but i will get this last run and see if there's any surprise announced along the way!
good morning all. gloer's cry is loud and clear!
lmao bio, it is hurting my eyes though... ltg, what else did jc say? anyone else speak with jc today?
i tried placing an open order and scottrade wouldn't allow it. check this news fresh off the wire:
Blackstone Group Has Not Traded On NYSE
19 minutes ago - Dow Jones News
Corrected June 22, 2007 09:48 ET (13:48 GMT)
(MORE TO FOLLOW) Dow Jones Newswires
06-22-07 0933ET
Copyright (c) 2007 Dow Jones & Company, Inc.
probs with bx on the floor?
ot, while wait to see what's up here, check this out: bx 32.02 x 65.00/1
45.00
Price Open
Posted by: rooktrader
In reply to: asandora who wrote msg# 9 Date:6/22/2007 9:55:59 AM
Post #of 10
i tried placing an open order and scottrade wouldn't allow it. check this news fresh off the wire:
Blackstone Group Has Not Traded On NYSE
19 minutes ago - Dow Jones News
Corrected June 22, 2007 09:48 ET (13:48 GMT)
(MORE TO FOLLOW) Dow Jones Newswires
06-22-07 0933ET
Copyright (c) 2007 Dow Jones & Company, Inc.
probs with bx on the floor?
good morning all. sabre what's the rumor mill on 12 news please?
revised: tharmon, thanks for the kind words! jbauer...i used the one xxxxxxxxxxxxx@usa.com
who are the others you are referring to and who's not posting? when are you going to learn whining/crying and communicating different mr ego braggart?
what dd have you ever conducted? have you ever called the co and spoke to someone?
and if it's implied...?
how does purposely with holding well news until after a potential r/s to try and sustain and or increase the sp come into play?
good morning all. c'mon bobwill... i'd surely venture to say the r/s news.
fwiw, i spoke to jc on topic about cb's preferreds and i truely believe i caught him at his own game.
speak as one unified voice
hi tharmon, how do you defend or not someone at the co who may be blowing smokerings out his azz?
good morning/afternoon all. escrow! speak as one unified voice.
ill conceived too
neld, you have mail./eom
alright tech vstr! for those of you adding, don't forget to update neld/gr on your new shares. let's make this a slam dunk and speak as one unified voice. just my 2 cents.
good morning all. doc, ditto/eom
i wonder why?????????????????????
pro, i think you are either a egotistical braggart or a liar, perhaps both. that 20 remark was a slight to you and your saturn comment. who give a rats azz what you own. btw my double deluxe beats the sh1+ out of your sherman oaks cause i'm a happy camper. the likes of you will never be satisfied. i feel sorry for you, not.
what's next
Neld, I hope your daughter's ok! another note, will you either post or email an advvance copy of the letter that you are drafting. once again a big thanks!
sorry pal, no flaming here... i only swing one way and i'm taken. why don't you make yourself useful and try to conduct some dd or maybe read the board!
you are stupider than you even know....quit while you are ahead or you will take the cake!
hahahahaha, rotflmao at you pro. stupid is a stupid does. if you can't read my previous post and get my take you better go back to studying amoeba's. that is, if you know what those are.
shareholders count to date that i have read: 225 mil shares vote no on the current r/s. score: pro wanna be rookie, zero. how's that for civil?
ps ~ i thought you's already owned a fleet of vettes....and all this by time of 20!
it sucks to be you pro... where do you come up with 5% of the shareholders? how many shares do you think the 5% own on this co?!
neld/gr, will you be posting and or emailing a draft of the letter in advance? thanks! ltg, lmao off on math and lang. post
i did indeed, ty contractor! btw, u have mail :) eom
good morning all! since i didn't read any post over the weekend, is there any meaning full post(s) that i should read? tia :)
that's could be... everyone knows thats a tried b4 true tatic...
was an excellent point!eom
good post doc. i agree...ltg trying to pound home the same regarding pre14 boilerplate hatchet job. lets hear some well news.
don't hold back cb. machine gun those prs and lets find out about the 12 and other material news.