Nighthawk Energy Share Discussion Threads

[maxwell] 30/4/2018 11:53

The figures are what we are told the actual figures are!?!?!?!?!?

[marmar80] 30/4/2018 10:58

Yes, but it doesn't mean the figs aren't better.

[philmac56] 30/4/2018 10:44

But, management, CBA know march & April!

[marmar80] 30/4/2018 10:12

If daily production is maintained then March figs are better than January and February, which once confirmed via RNS will bring a small dose of optimism here.

[philmac56] 30/4/2018 10:07

Maxwell...if we have got a year!!

[maxwell] 30/4/2018 09:48

Wait a year and then see numbers!!!!!

[marmar80] 30/4/2018 09:06

Gross as well!

[marmar80] 30/4/2018 09:03

Did you realise that actually daily net average in February was higher than in January?

[marmar80] 30/4/2018 08:13

Thanks Phil

[philmac56] 27/4/2018 21:57

Feb update...
They may seem small amounts, but they all add up, all are BOPD
I will give data for Jan & Feb this yr, then further down, Feb 17, followed by Dec17

Monarch 10-15 JV well we get 16% this is our share 28 to 40
Keystone 3-7 44 to 52
Mary Jane 8-5 17 to 32
Blackcomb 5-14 (WF) 155 to 160
J Craig 4-2 0.25 to 1
Craig 10-10 9 to 13
B Sky 13-11 33 to 36
B Sky 4-11 36 to 40
Taos 1-10 163 to 168

Feb 17 ....... Dec 17
Monarch 10-15 JV well we get 16% this is our share ... 40 --- 5
Keystone 3-7 .....113 ---- 46
Mary Jane 8-5......30 ---- 20
Blackcomb 5-14 (WF)..... 226 ----172
J Craig 4-2..... 0-----0
Craig 10-10.....22 -----8
B Sky 13-11.....40 ----36
B Sky 4-11....41----37
Taos 1-10......169 ----169

[philmac56] 27/4/2018 21:51

Feb update

[marmar80] 27/4/2018 20:23

Or any new readings?

[marmar80] 27/4/2018 19:54

That's better than confirmed end of injections imo.Phil, when did you get the last detailed production from coggc website? can you repost it please?

[blakieboy7] 27/4/2018 19:19

Marmar, they haven't confirmed anything!! Shocking communication

[marmar80] 27/4/2018 18:29

Did they confirm the injection stopped? Can't remember sorry..

[philmac56] 27/4/2018 18:24

Looks like WF has ceased since Dec.
No injection has occurred at both wells for the last 3 months.
Really can't see increasing production from our 3 WF wells

[marmar80] 27/4/2018 18:17

Maxwell, problem is one missed deadline regarding the proposal and debt to be paid off in a few weeks, but I believe something will be agreed between the bank and company to avoid administration. Administration is not a good option for the bank as they won't get their money back. Hawk needs maturity extension and repayment programme to be announced. At this moment Nighthawk can hedge full production at $68 and in 2 years be debt free if the production is maintained at this level. We know about waterflood and we hope it will increase the production soon. 2 years and debt free means it should be trading then at 5-6p minimum!

[maxwell] 27/4/2018 17:41

437K$ per week not exactly a problem
As I know company,s not producing any oil at present which are valued higher per hope only......

[philmac56] 27/4/2018 17:34

Max 946bopd in feb

[maxwell] 27/4/2018 16:43

How many barrels a day currently produced and at $65 per how much against owed... this share price is absolute
Rubbish!!!!!!!!!

[marmar80] 27/4/2018 15:43

Hawk was producing two times more oil in 2015 before oil price collapsed. Company was valued at £150m. Today £1.2m with urgent $21m to repay. Believe the right value of the company should be around £20m+$21m debt to repay. At this share price it's a bargain!

[mallorca 9] 27/4/2018 14:58

Good luck.If they can negotiate a new arrangement with CBA then anything is still possible.

[marmar80] 27/4/2018 14:29

Averaged down earlier today. Stoch RSI looks promising & agree that company is valued as bankrupt now. But it's a producer so there is still some value in those wells.

[mallorca 9] 27/4/2018 13:22

I don't think an asset fire sale is even an option.

[marmar80] 27/4/2018 13:09

Will he buy even more now? Clearly debt + current mcap are below company real value, as it's still producing and generating cash every month, especially at oil at $70