Nighthawk Energy Share Discussion Threads

[reallyrich] 17/5/2017 12:40

looking dire.

[philmac56] 17/5/2017 08:17

I have looked at well data, of the 19 wells listed as producing, we have
13 produced less than previous month (day by day)
Monarch dropped from 7061 to 4983, but we only get 16% of the production.
6 wells produced more oil than previous month.

Blackcomb 5-14 is still on confidential, Salen has also become confidential until 4/11/17.

Of the 4 receiving wells in WF 2 are showing a gradual rise, 1 on par, whilst the other well is still confidential.

[philmac56] 17/5/2017 07:09

I will look at well data late.

We do already know these figures via Hawk.

We also know that production fell close to 36,000 for April.

[philmac56] 17/5/2017 07:07

Cogcc updated
Shows...97,135 total b of oil Jan to March 17 on first tab.
Second tab, month by month lists
Jan 43,599
Feb 36,051
March 38,789
Total...118,439
97,135
So from confidential wells the following was produced 21,304

[maxwell] 16/5/2017 11:02

The Re-Rating after Bank sorted should be next........

[philmac56] 16/5/2017 07:58

Our Mary Jane permits for location & drilling at M J 5-5; M J 13-5 have been granted as from today.

WHAT NEXT!!!!!

[philmac56] 15/5/2017 22:37

Rockin..a good read, let's hope other pieces of jigsaw fall into place!

[philmac56] 15/5/2017 22:36

Blackcomb 5-14 is due to come off confidential listing on 10/6/17. Currently 4 weeks to go! Hopefully, that will then give us an insight to how WF is starting to behave!! We will then be near to end of Q2! We could also hear! about RF deal(s)!!!

[rockin robin] 15/5/2017 09:36

Here's some good News.Saudi & Russia agree cuts in production until March 2018..reut.rs/2pMr33GWe just need The Pilot to come good & the refinance to go ahead... AND THE OIL PRICE ..TO EXPLODE ..LIKE A NORTH KOREAN ROCKET.

[philmac56] 14/5/2017 18:16

Sorry folks the 18% should read 16%, so even better.

Also a one liner by, buysell over on lse, at the bottom!?!


this is how cascade are described on the evaluate energy site... Cascade Petroleum LLC is a private oil and gas exploration and production company located in Denver, Colorado. Cascade was formed in September 2011 with the equity backing of Denham Capital. With a focus on early entry, large scale, resource plays in the Rocky Mountain region, Cascade's strategy is to utilize modern drilling and completion technology to unlock known, but poorly understood and underexploited reservoirs. i think the last line says a lot about hawk ?!! imo..................

[philmac56] 14/5/2017 15:36

Rr..I agree but up the hole at monarch came quite sometime later

[reallyrich] 14/5/2017 12:05

i think they sacked the person who interpreted the data before.

[philmac56] 14/5/2017 07:29

Monarch 10-15
Looking at what this well is now producing, from a different formation layer...makes me wonder how the hell they did not return to it by their own accord. Not be pushed by Cascade.. Who interperated the data...Cascade or Hawk!!! I would rather have 18% of 7,000+ barrels of oil per month than 18% of 80+ Bo per month!!! Someone missed that! I wonder if anything was missed in the other wells that were drilled for JV!!!

[philmac56] 12/5/2017 14:53

Keystone is now off confidential.

Only leaves one well on Confidential list..Blackcomb 5-14 our WF well

edit
and we know the figures for Jan & Feb..due to the leak!!!

[broncowarrior] 12/5/2017 12:10

The whole issue is the covenant breaches and having too much debt.The bank to date has been sympathetic which is good. They need to generate free cash flow and be above the required levels to avoid covenant breaches and then it should recover. Seeing 14p again unlikely but would expect to see 5p again.

[rockin robin] 12/5/2017 11:21

April's 2017 RNS...The Company's engineers estimate that the southern acreage in the Pilot Project contains OIP of approximately 8.6 million barrels and believe that development of the water flood project could increase the project's EUR to between 30%-40% of the OIP. This would result in ultimate recoveries of oil of 2.6-3.4 million barrels from this area of the field. As at 31 January 2017, the Company had only produced approximately 0.5 million barrels from the acreage in the Pilot Project with approximately 0.4 million barrels of remaining recoverable using primary methods. The Board believes the Pilot Project has the potential of substantially increasing the existing booked reserves and could also accelerate total production, making the project highly attractive. At a capital cost of approximately $3.5 million to implement the Pilot Project, the Board believes it is one of the best courses of action the Company could pursue in the current oil and gas environment. In the Board's opinion, the financial enhancements that are possible through the execution of the Pilot Project are significant to the Company, and thus the debt restructuring, was critical to the future success of the Company.The Company has commenced injection into both of the Pilot Project injection wells. It is anticipated that as the injected water fills existing pore volume, consistent with the normal nature of water flood projects, a measurable response will be seen. The Company expects this response to be during second quarter 2017. As such, the incremental volumes expected from the Pilot Project have not been included in the Company's audited Proved Developed Producing reserves, but remain as Probable Reserves at the 2016 year-end. Once adequate response and evidence is seen as to the response, the reserves are expected to begin being reclassified to Proved Developed Producing reserves.-And still, the Mkt Cap is below 9M.I like the part where they state, 'response to be during the second quarter 2017....the reserves are expected to begin being reclassified to PDP reserves.'Best bit though ..' up to 3.4 million barrels of oil estimated to be in the Southern Pilot area.'So, depending on your view of: the price of oil, refinancing, note-holders share issue, ever so slightly undervalued, maybe yes/maybe no.But then, how does that all compute to a MCap of below 9M??*??*

[broncowarrior] 12/5/2017 09:29

Liquidity on this has ground to a halt. Disappointed as still think this looks way undervalued.

[blakieboy7] 10/5/2017 21:03

https://www.google.co.uk/amp/www.cnbc.com/amp/2017/05/10/oil-prices-surge-as-eia-stockpile-report-eases-market-fears.html

[philmac56] 10/5/2017 09:44

June gets closer by the day!! Still the tumbleweed blows by!

[rockin robin] 10/5/2017 08:24

Should anyone want to top-up the odd 1,000,000,000 HAWK shares, between now &OPEC's 25th May - seems like a good idea.

[philmac56] 08/5/2017 11:32

RR thanks for the info

[rockin robin] 08/5/2017 11:18

^^^Opec cuts in oil production expected to extend in 2018..