Nighthawk Energy Share Discussion Threads

[marmar80] 22/8/2016 10:22

Don't even mention takeover at this level

[philmac56] 22/8/2016 10:09

Max....an offer at what price is the big question!!!
1p???
2p???
4p????
Where do we start?

[mallorca 9] 22/8/2016 09:18

So ....
the meeting which they must call in August re a 'Waiver' , is to seek agreement that the requirement for a mandatory offer to be made to shareholders once the 30% threshold is achieved is removed ?
Would you guy's prefer that they had to make an offer ?

[mallorca 9] 22/8/2016 08:47

So i'm reading that as an offer must be made to independent shareholders when the concert party share holding reaches 30% of issued shares. .
If declined they would require 50% of the issued shares to mount a hostile takeover.

[mallorca 9] 22/8/2016 08:45

A 'concert party' is a group of people acting in concert in a takeover bid. In the UK, there are rules for such bids, regulated by regulators such as the Takeover Panel. There is a 30% threshold at which a Mandatory Offer must be made.

[maxwell] 22/8/2016 08:28

12%plus spread here as it has 0.772p sell and 0.865p buy per first
trades this week. Who can predict the final price for the end of week!!!!

[philmac56] 20/8/2016 07:14

First post here dogrunner????
Good news all around from you then!¡

[balbains324] 19/8/2016 15:09

Let's see what happens next week

[philmac56] 19/8/2016 07:15

Tsmith and rise and rise

[tsmith2] 18/8/2016 19:29

Poo continues to rise...

[philmac56] 17/8/2016 12:19

Balbains....no idea,hopefully be sorted out by end of sept, one way or another!!!

I have no account to access court details!!!

Just keeping ng updated, possibly one day someone will stumble across post and also has access to pace monitor

[balbains324] 17/8/2016 12:07

So what does this mean Phil?

[philmac56] 17/8/2016 07:29

more updates...

Monday, August 15, 2016
132 trial Trial Brief Mon 8:30 AM
TRIAL BRIEF by Defendant Nighthawk Production LLC, Counter Claimant Nighthawk Production LLC.(Glenn, Andrew)
Att: 1 Exhibit 1,
Att: 2 Exhibit 2,
Att: 3 Exhibit 3,
Att: 4 Exhibit 4,
Att: 5 Exhibit 5
131 misc Advisory Attorney Noncompliance Mon 8:18 AM
ADVISORY NOTICE OF NONCOMPLIANCE WITH COURT RULES/PROCEDURES: re:129 Trial Brief filed by attorney Andrew Kerr Glenn. The format for the attorneys signature block is not correct. DO NOT REFILE THE DOCUMENT. Action to take - future documents must be filed pursuant to D.C.COLO.LCivR 5.1(a) and 4.3(d) of the Electronic Case Filing Procedures (Civil Cases). (Text Only Entry) (dkals, )

hxxps://www.pacermonitor.com/public/case/3611886/Running_Foxes_Petroleum

[blakieboy7] 17/8/2016 07:06

3formed - no doubt the same fool posting on iii at the same time under s different alias

[3formed] 17/8/2016 00:06

still could easily go bust, face it this is a garbage debt mountain nowadays, maybe this time it will die for good, this company almost has as many lives as a cat

[tsmith2] 15/8/2016 20:54

POO creeping up..

[philmac56] 13/8/2016 10:19

court update....

Trial briefs as filed by deadline yesterday...... i have no account to see details!!! Each exhibit has a PDF file attached to it, 9 for RF & 5 for N Hawk.

I think trial is due next month...will post date once i find it!!!!!

Friday, August 12, 2016
130 trial Trial Brief Fri 5:28 PM
TRIAL BRIEF by Plaintiff Running Foxes Petroleum, Inc.(Rynerson, Stephen)
Att: 1 Exhibit 1,
Att: 2 Exhibit 2,
Att: 3 Exhibit 3,
Att: 4 Exhibit 4,
Att: 5 Exhibit 5,
Att: 6 Exhibit 6,
Att: 7 Exhibit 7,
Att: 8 Exhibit 8,
Att: 9 Exhibit 9
129 trial Trial Brief Fri 4:14 PM
TRIAL BRIEF by Defendant Nighthawk Production LLC.(Glenn, Andrew)
Att: 1 Exhibit 1,
Att: 2 Exhibit 2,
Att: 3 Exhibit 3,
Att: 4 Exhibit 4,
Att: 5 Exhibit 5

link
hxxps://www.pacermonitor.com/public/case/3611886/Running_Foxes_Petroleum

[tsmith2] 11/8/2016 09:07

Things slowly coming back together here..

[philmac56] 11/8/2016 07:56

cogcc for June shows 40,248 barrels of oil produced as compared with 40,780 for May.

edit

1342 bopd up from previous month.
Steamboat H doubled monthly production up to 206 bopd

[balbains324] 08/8/2016 10:49

You will get your penny plus some...opec and Russia will agree to slow down production. This political game has crippled everyone.

[maxwell] 08/8/2016 08:59

I would like to see a penny just to proove a rise is possible as this is now idiotic.

[philmac56] 05/8/2016 21:35

Posted on lse by partridge

hxxps://www.research-tree.com/companies/uk/oil-gas-e-ps/nighthawk-energy-plc#section-stats

Target now 7p....issued by Stockdale

[togglebrush] 05/8/2016 16:07

FWIW
‘
Take over code has some 410 pages and “Concert Party” occurs some 22 times by my count. Below is Reference source and just one paragraph
‘

‘
4.3 As indicated above, even if a proposal is considered to be “board control-seeking”, such that the activist shareholders behind the proposal are presumed to be acting in concert, and the aggregate number of shares in which the members of the concert party are interested carry 30% or more of the company’s voting rights, the “coming together” of the concert party will not normally, of itself, result in a possible requirement to make a mandatory offer. A requirement to make a mandatory offer would only arise if a member of the concert party were to acquire additional interests in shares carrying voting rights. Even then, the Executive would not normally require a mandatory offer to be made if:
‘
(a) such acquisitions were made as a result of an inadvertent mistake;
(b) the interests acquired were disposed of within a limited period; and
(c) appropriate voting restrictions were put in place pending the completion of such disposals.