Nighthawk Energy Share Discussion Threads

[mallorca 9] 30/6/2017 09:39

Guy's, I don't think they are trying to up production at the moment.
Confirming the recoverable reserves is the priority .... Reserves based loan !

[marmar80] 30/6/2017 08:46

The production was affected by the offline wells which will be back in, hopefully at higher output.

[philmac56] 30/6/2017 08:39

Sleveen..well you read the RNS.

I look at individual well data, that to me has shown a slight rise in production at two of the receiving wells....but these figures are not higher that earlier production figures from previous months.

So, yes stabalized, halted a decline.

It would be good to see individual well figures for May, but alas we can't at the mo, so we have no idea really.

[sleveen] 30/6/2017 08:29

Surely the production to end May supplied in the RNS shows production has stabilized, not increased?

[marmar80] 30/6/2017 08:26

Phil, most likely it is an extension, not a new deal. To be sure we must wait for RNS to be sure 100%.

[reallyrich] 30/6/2017 08:19

Don't say well done to Rick. FFS he always leaves things to the last minute

[philmac56] 30/6/2017 08:17

IMO...the bank are not convinced that the WF has increased flow rates to-date, otherwise we would have had a new Refinance deal in place ready.

BUT...who knows possibly the WF does show results and Rick & Co are negotiating a better deal elsewhere!!!


So as a consequence of the news we sit and wait, again very patiently...

[philmac56] 30/6/2017 07:55

I am not really surprised.

This has happened on a few occasions, when deadlines are hit..month by month extensions was the name of the game.

WF production to show a rise is the big issue here.

We are told it is happening, but alas see no figures to confirm that it is indeed the case.

If an RNS does appear today, well done Rick for being on top of things!

[marmar80] 30/6/2017 07:26

1 Aug 2016: The Company has also agreed to amend the terms of certain of its existing unsecured facility agreements and loan notes on which interest will now be deferred during the term of the CBA agreement that expires on 30 June 2017, unless extended by CBA at their sole discretion.

[mallorca 9] 30/6/2017 07:22

Looks like RNS later today or Monday.

[blakieboy7] 30/6/2017 07:09

Surely we should hear something re finance today?!

[philmac56] 30/6/2017 07:06

Surprise, suprise!!

July it be!!?

[philmac56] 29/6/2017 15:29

A few 1 mil being bought ATM.

[balbains324] 29/6/2017 14:21

The most recent 1 mil is mine but not the one from earlier. Someone got a good price.

[marmar80] 29/6/2017 10:33

Hah. And I thought a couple of weeks ago that I will be lucky if I ever fill my 0.75 order

[philmac56] 29/6/2017 10:24

Balbains..were you responsible for the 1 mil yesterday or this morning??

[philmac56] 29/6/2017 08:36

I am hoping my buy yesterday was at near bottom!!
But, I have a nagging doubt that if we don't get news sometime today or tomorrow morning I think we may revisit a lower level.
Certainly plans are being put in place,
A) application for N WF
B) drill permits for Broken Spear.
C) RF deal

I do check Cogcc for a hearing date for N WF (if necessary) as we did jump all the previous hurdles with our original application.
This time Knutson must be on board.

[balbains324] 28/6/2017 23:30

I was thinking about another mil but going to wait until Friday.

[mallorca 9] 28/6/2017 20:53

Ok Phil you may be right but I'll go with news Friday.
As the CBA agreement expires that day I think they will have to update the market.

[philmac56] 28/6/2017 17:28

IMO i don't expect nowt till next month..Rick will keep us stewing..we may see a month by month grace until WF news flow really kicks offffff

[blakieboy7] 28/6/2017 16:57

It's a shame hawk haven't announced any news re finance prior to Friday!

[philmac56] 28/6/2017 16:13

No, i don't hold my hands up to that one...
My last two buys have been into my 17/18 Isa...just in case! We hit a gusher