Nighthawk Energy Share Discussion Threads

[reallyrich] 28/6/2016 07:09

Come on Iceland

[blakieboy7] 28/6/2016 07:03

Production update RNS. Bank negotiation update to follow shortly

[blakieboy7] 28/6/2016 06:42

Belgium, not Germany, my bad! I really do hope for a shock result though!!

[philmac56] 27/6/2016 22:04

Well, well!!!

Two Brexit in one week!!!

Come on Wales

[reallyrich] 27/6/2016 17:24

Hi I wasn"t saying the bank was going to.pull the plug as they could of.done that a long time ago. I expect another extension because the agreement could of been sorted a long time ago.

You also have my commemts on not making money or paying down debt from cash flow.

Anyway lots going on this week hopefully good news.

GLA

[balbains324] 27/6/2016 13:54

True to the above but maybe.....just maybe he's going to earn his money on this one?? That's my hope anyway hence the reason for my investment. Also Claeson doesn't want to default on this so I'm pretty sure he will lend a helping hand even if it does mean dilution. At that point I will be jumping ship. Let's wait and see what happens.

[blakieboy7] 27/6/2016 13:53

I disagree RR. The bank would have pulled the plug already if it really wanted to. Something positive is brewing IMO

[reallyrich] 27/6/2016 11:23

Not looking good.

Even when they were pumping out oil at much higher price they were still losing money. Never paid down their debt, so even if oil went to 70$ it still cant make any profit.

Rick's communication style is appalling. The fact they have not got the green light from the bank by now does not bode well.

All a right cluster fuc to be honest. Never seen a good RNS from Rick in 2 years.

Good luck all

[troutisout] 27/6/2016 11:08

Not sure you are right there Philmac, HAWK have to pay off some of the shortfall in the loan by tomorrow, so think that is judgement day.

"Hawk have been given a waiver until June 30th, but there is a $3.3m repayment due to CBA on the 28th June (the remaining $6.7m has been waived for now)."

[balbains324] 27/6/2016 10:15

Let's hope it's not another extension. We really need to put this refinancing to bed and move forward with drilling.

[philmac56] 27/6/2016 07:27

Mr Osb...speaking to calm markets.

Back tracking on some of his claims!!

We can't they just give a straight honest answer!!!

30th June our judgement day.

Gla

[blakieboy7] 25/6/2016 19:30

Surely any work would have required an RNS?!

[philmac56] 25/6/2016 16:05

I wonder if Hawk will have been able to use the 3 week period after water flood approval and news from the bank due 30th June.

For all we know, work may have progressed with what little funds/cash we currently have to hand.

It was suggested that the water flood coujld/should start production in 4th quarter!!!!

If we have notbden able to use these 3 weeks, that could knock us back, which is the last thing we want now!!!

[philmac56] 24/6/2016 16:57

well i do believe we came out of today with a smile on our face.
I had a punt again, but it shows as a sell on ISDX and not a buy!!!!
GLA
Next Thursday beckons

[philmac56] 24/6/2016 08:36

Down 28%?????

[philmac56] 23/6/2016 17:52

Thursday 30th is the date for our AGM.

Possibly a lot of news on that day to be released!!!!

[philmac56] 23/6/2016 10:54

posted on lse by Buysellfred... lets hope so!!!!!!!!!!!!1

Oil is only just beginning to regain some of the ground that it has lost over the last few years, but already some analysts are looking for much higher prices. Raymond James & Associates is out with a forecast that oil will reach $80 a barrel by the end of next year, stating that "Over the past few months, we've gained even more confidence that tightening global oil supply and demand dynamics will support a much higher level of oil prices in 2017”. "We continue to believe that 2017 WTI oil prices will average about $30/barrel higher than current futures strip prices would indicate."

Raymond James sees a few issues pushing prices significantly higher over the next 6-18 months. First the firm sees continuing opportunities for supply disruptions throughout the rest of the year. In particular, while Canada and Nigeria should return to robust production soon, Venezuela is continuing to deteriorate (to the point where there are now widespread hunger riots through the country), and the Libyan Civil War continues in full force. These factors could create significant supply disruptions offsetting any growth in the near term.

Second, while the North Sea, Russia, Iran, and Kuwait all appear poised to bring more production online in the next 12 months, Raymond James sees declining output around structural concerns for China, Mexico, Angola, and Colombia creating tailwinds for price.

Finally, Raymond James is forecasting robust challenges in activity ramp up in the U.S. due to labor and equipment shortages. These issues could be significant. Just as the housing decline decimated much of the pre-Recession supply chain in residential construction, leading many construction workers to change careers, oil may be following the same path. There have been significant layoffs across the oil sector and with the rest of the economy doing well, it’s difficult to imagine that oil workers will want to stay in places like the Bakken for long if they are unemployed.

[balbains324] 22/6/2016 22:57

It's like the Scottish independence vote....they all voted in.....didn't they?

[blakieboy7] 22/6/2016 21:33

I'm voting OUT. I suspect the result may well be rigged in some way though. Also how is it neck and neck?! I just don't buy it.

[philmac56] 22/6/2016 21:08

Britex tomoz, Brent oil $120 a barrel by Monday.... Would that be nice!!!!

[blakieboy7] 22/6/2016 08:01

Wti back over $50 again

[balbains324] 21/6/2016 14:09

Dilution does worry me too but I'm not over exposed here. like I said just a punt and if it goes better than expected then we could probably forsee a 4 fold rise in share price Worth the risk in my humble opinion.