Nighthawk Energy Share Discussion Threads

[mallorca 9] 31/5/2017 10:25

He seems to be getting the historically bad stuff out of the way before the month end.
Could we get some nice news tomorrow or next Monday ?
CBA extension confirmation would be very nice.
What a buy opportunity today if you believe Rick's recent upbeat forward view.

[philmac56] 31/5/2017 10:16

mallorca..well was it you who asked about May production last week..you have an RNS out in your name now..lol

[philmac56] 31/5/2017 10:15

a first for some time!!!!

hxxps://www.thestockobserver.com/2017/05/30/nighthawk-energy-plc-hawk-stock-rating-reaffirmed-by-stockdale-securities.html

[highasakite] 31/5/2017 10:12

only the real mugs own this POS.

[mallorca 9] 31/5/2017 10:10

I've added a few too.

Again I wonder why he issued this today rather than tomorrow ?
I just wonder whether we will get another RNS tomorrow - 1st June

[philmac56] 31/5/2017 10:09

Taken from Final report..Rick's statement

So where has the 100,000 extra acres come from??? Or are they taking about a separate area/field for second WF!!!!

a) This project, if successful, is expected to provide increased reserves in the range of 1.5 Mmbbls to 2.3 Mmbbls. The Pilot Project covers roughly 700 of the total 1,400 acres in the Arikaree Creek field.

b) As we look ahead, the future looks promising for Nighthawk and expectations continue to be high. With the potential of two water flood projects, over 150,000 net acres of undeveloped acreage and oil prices currently stabilizing, increased value creation is within reach.

[marmar80] 31/5/2017 10:06

Good update. Added a few.

[blakieboy7] 31/5/2017 10:03

CBA still seem unconcerned. Bodes well IMO.

[philmac56] 31/5/2017 09:58

mm's will shake the tree here, with this new RNS

[blakieboy7] 31/5/2017 09:53

TIDMHAWKRNS Number : 6819GNighthawk Energy plc31 May 201731 May 2017NIGHTHAWK ENERGY PLC("Nighthawk" or "the Company")Reserves Based Loan Covenant ComplianceNighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has notified Commonwealth Bank of Australia ("CBA") that the Company is not in compliance with the minimum production requirement covenant for the month of May 2017 under the Company's Reserves Based Loan with CBA.CBA have agreed a waiver to this breach.Enquiries:Nighthawk Energy plc Rick McCullough, Chairman [phone]Kurtis Hooley, Chief Financial Officer [phone] Stockdale Securities Limited [phone] Richard Johnson David Coaten This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCEAPSFDDDXEEF(END) Dow Jones NewswiresMay 31, 2017 04:36 ET (08:36 GMT)

[maxwell] 31/5/2017 09:51

No sellers but marked down again Panic from MM,s Brilliant....

[balbains324] 31/5/2017 09:50

This is a bit silly considering we all know that they bank is fine with the breach until end of June. Not that I'm complaining I'm planning on buying in.

[tsmith2] 31/5/2017 09:49

Yep, shake a few. Sell a few higher. MMs biz

[maxwell] 31/5/2017 09:48

SP marked down just to show that they will buy at lower value if anyone
is selling, this was known anyway so cannot be a surprise IE: The reason
talking to Bank at present time anyway prior to end of June date etc.....

[tsmith2] 31/5/2017 09:38

Looks like both parties are working towards a sensible agreement.

[troutisout] 31/5/2017 08:09

philmac,

I explained it yesterday, the spread was 0.75p-0.85p on LSE and if my trade went through on that then it would have been shown as a buy, but it was offered and went through on NEX and their spread was 0.5p-1.5p and thus it showed as a sell.

When you have two exchanges sometimes one will be offering a better deal than the other and in this case I don't care what it was shown as or what exchange it went through on, I wanted to get the cheapest buy price.

Trades on financial BBs aren't an exact science as they all use the mid price to judge what it was, people need to know what the dealing spread is to work out what it is, not the quoted spread. Also a trade is just that a trade a buy and a sell at the same price so when it is printed there is no clue to what it is, as it is both.

[philmac56] 31/5/2017 06:06

The reason I asked trout about his buy was because on Lse if showed 1 buy at 0.81p==£18++.
But on Adfvn it showed a sell at 0.81p.

So yes what is going on, are they buys, sells... manipulation

[rockin robin] 30/5/2017 20:09

Nice one Trout.Phew...good for you.I think most here now, would love to buy 500k - 5M more.

[troutisout] 30/5/2017 18:51

philmac and Rocking Robin,

I can help you both out and say my buy was the 500k at 0.81p.
Hopefully that will satisfy phil's curiosity and also redeem RR's investment theories...

I would recommend being on top of the trades and actual spread, if my buy went through LSE it would have shown in the buy column but it was put through NEX and the wide spread meant it ended up in the sell column, but it was a buy.....I had no idea others were viewing it as a sell as the next trade showed the real selling price.

Was being offered 500k at 0.8p before the close....

[rockin robin] 30/5/2017 17:48

Phil ^^^ Every little helps.-Next topic...(I struggle to understand folk who hang on to a share, watch their investment really reduce in value, through times of zero zero zero info/negative posts/ little info - you name it. Then, the minute the rns comes out, saying 'the light is still on' / all is rosy in the garden/the Pilot works/Northern area next/we are confident of loan extension/oil mkt / price is stabilising - sell out - eg 500k sale today. Each to their own etc (I don't really give a monkees, what folk do, it's a big Mkt/tiny % sale etc), but really?@#@#&£€!#@!! WTF?).I need to re-read my investment bibles to get my head 'round that.-NO buys represented today. I have to say, I bought some, prior to, today, and the trade showed up days later, as a red Sale. Are we being manipulated? Or wot?Is it my mobile or are all the trades being replicated on advfn to make us look busy?& Shouldn't we be 3p by now?

[philmac56] 30/5/2017 16:12

troutisout..was that your buy for £18+??

[philmac56] 30/5/2017 12:08

Poor Rick...lol

Our Rick joined Hawk at the right/wrong time!!!

Had we had any other CEO, would we be trading now?? We will never know.

So, we had Rick he has taken us through some lean years, hopefully to come out the other end with WF taking of as a pilot, then the original WF coming into play.

If Pilot WF does not work...we won't have a BB to moan on.

I have my winge about Rick not "buying into" Hawk with more share purchases​.

June gets closer by the day.

[reallyrich] 30/5/2017 09:52

I am not complaining about his comments as for once mostly positives, just wanted some upto date stats