Nighthawk Energy Share Discussion Threads

[sum493] 30/11/2016 08:50

Check this interview by Oil specialist Gaurav Sharma

[mallorca 9] 30/11/2016 08:46

I've taken the chance to add a few more.
I can only see this going up from here.
Could be perfect timing for our WF output increase too, given the speculation re OPEC agreement and oil price rise.

[maxwell] 30/11/2016 08:43

Buy at 1.29p or just under hence might be the last chance whilst short termers
departing. Nothing given away just an abrupt this is it and wait for reality to
return.

[balbains324] 30/11/2016 08:28

well said mallorca

[mallorca 9] 30/11/2016 08:25

I totally agree Chesty,
I thought it was a good and sensible update.
Re the 'takeover waiver' the Company hopes that major noteholders will opt for shares in 2017 rather than cash repayment of their loans. If so, this will result in the 'concert party' participants holding in excess of 30% of the available shares. Rules are that this requires that they make a mandatory offer to independent shareholders for a takeover to take place. The concert party members do NOT want to have to make such an offer and so a waiver of this requirement is being sought.
A hostile (forced) takeover can only happen if this group acquires 50% + of available shares. This will not be the case even if a debt for equity deal is agreed.
The Company wishes to remain Public via the AIM. There is no desire to go private as this reduces capital raising options.
Expect a good 2017 with the current banking arrangement being replaced and a significant reserves upgrade and uplifting in borrowing facilities. Increased output re WF and a higher oil price.

[tsmith2] 30/11/2016 08:22

T traders bailing first thing

[balbains324] 30/11/2016 08:13

Indeed, just 900k traded so not really worried..

[chesty1] 30/11/2016 08:09

Part timers expecting to double there money in a week. Update was solid and more news to come before crimbo.

[blakieboy7] 30/11/2016 08:07

Not impressed with the opening price!

[mallorca 9] 30/11/2016 07:59

Pleased with the update.
Again, good commercial sense for 2017.

[awise355] 30/11/2016 07:57

Daz on LSE asks about the natural water table, is Rick mentioning it to hide or hint at something.... Good Q

[philmac56] 30/11/2016 07:52

Is Rick getting better with news release or is it me!!!

[balbains324] 30/11/2016 07:47

Hmmm....a bit flat buy production is better. Hedging in place for next year, overall an ok RNS.

[philmac56] 30/11/2016 07:35

Not the RNS I was hoping for!
So the second well it seems is taking g longer to get a MIT signed off, two weeks max hopefully!
No mention of bank on Co back!
Nice to see some hedging above current poo.
Again, Rick mentions natural water table is holding up production, should hopefully boost water flood once it comes on line!!!!

[chesty1] 30/11/2016 07:22

I agree entirely blakieboy I just get a feeling, but i have been wrong 99% of the time with shares.

[blakieboy7] 30/11/2016 07:20

I certainly hope not Chesty. I think this has got so much potential

[chesty1] 30/11/2016 07:16

Is it just me that feels like this one is going to be taken over ? Mind you I have thought that for years now.

[blakieboy7] 30/11/2016 07:09

Ricks not giving anything away there in initial WF response then

[chesty1] 30/11/2016 07:04

One is coming through now.

[blakieboy7] 30/11/2016 06:19

So am I right in thinking we are due an RNS today confirming initial WF response?

[rbcrbc] 29/11/2016 16:56

he he he - I mad a fair amount getting in on the hype of Devon and then spotting the RNS where they failed to mention it and getting out at a decent price

[balbains324] 29/11/2016 16:50

LOOOOL I been here too long, in and out but yes I remember Devon!!

[rbcrbc] 29/11/2016 16:40

WATERFLOOD !!!

Anybody been here long enough to remember Devon ?

[chesty1] 29/11/2016 12:12

I had a tiny top up today, first top up this year.

I think they could have dropped it further today with the lack of buyers coming through, let's hope we get news tomorrow & someone had the mop out knowing it was going to be solid news.

Be lucky to all

[philmac56] 29/11/2016 09:35

I really hope that Rick during 2017 pays more attention to keeping shareholders and the markets up to speed with All developments.
The problems he inherited (RF etc) are now put well and truly to bed.
If the water flood comes in as anticipated/suggested 2017 could get off to a good start.
We need Opec to add to the equation, and things could be well on the mend...we have a vast acreage to develop.
$$$$$$$ could start pouring in.
Fingers crossed