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The net result of several pieces of news from Emerald Oil (EOX -8.8%) sends shares sharply...

The net result of several pieces of news from Emerald Oil (EOX -8.8%) sends shares sharply lower. EOX says it will commence a public offering of 10M shares of common stock, receives a commitment from White Deer to acquire common stock, raises its capital budget and guidance and raises its net operated well estimate for 2013 to 12 from previous guidance of 8.2.
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