Pre IPO price 4p
Opening price on debut 25p
Floatation price 46p to raise 14million to extend Jolly Ranch
Current fair value estimate 114p
Market cap 70.59 million.
Value of Cisco Springs investments 98 million.
Value of Vogel investments 75 million.
Desparado trucking now Nightfox 250,000 for a 50% stake with partner Running Foxes.
Centurion Project Kansas, 150,000 for a 50% stake.
Jolly Ranch Colorado, 40,000 acres cost 356,000 for a 50% stake.
Cash in bank 7.75 million.

As this EPIC opens on AIM today anything could happen. On the one hand you have traders trying to cash in a sixfold profit. You will also have a clambering of traders after shares because, firstly they could only get 75% of their allocation because of demand. Secondly at 25p this company is still way under valued.

http://abhisays.com/ideas-and-thoughts/tata-nano-the-one-lakh-car.html

HAWK is going to pre-IPO price... SELL.

In Nov, 2010, the directors put all their focus into Jolly Ranch and on 28 April, it does not live up to expectation. Very poor approach of management. No diversification.

Terrible stock....what else can be said...

Not a lot except except sometimes it's not worth selling! Just have to wait for the miracle.

in the same boat here maggie.,.

Nice to have company but not nice for the company:-)

The directors of Ovoca Gold (AIM: OVG), Ariana Resources (AIM: AAU), ECR Minerals (AIM: ECR) and Nighthawk Energy (AIM: HAWK) will be presenting: Thursday the 26th May 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception.

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/111

This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

If you have any problems registering or queries please email events@proactiveinvestors.com.

Hope you all notice this is blue on a bad day.......things are looking up .....lol.,.

Problem is it's always red on the blue days!

RNS open offer raises £1.85m is HAWK scrapping the bottom of an empty barrel?

They didn't have anymore of my money.,.

This is scrap

i see shares mag has touted this bag o' nails as a speculative (no kidding!) buy on the basis of its shale oil deposits
certainly shale oil is the new sexy buzz, but surely there are better punts
any ideas, even though effective development of these reserves (anywhere) is several years away

cynic they will be going into farming next after the then CEO David Bramhill spent millions on buying thousands of acres in Colorado which he suggested would produce an oil bonanza.

IPO was at 4p not looking good for investors at present.

Mining and Resource Investor Evening

Following the resounding success of our previous events, Shares and MoneyAM are proud to offer another chance for you to meet, hear from and ask questions of key senior management figures from carefully selected companies.



This event offers an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there is a free drinks and canapés reception where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

NEXT EVENT

Date: Thursday 21st June 2012

Venue: Grange City Hotel, 8-14 Coopers Row, London, EC3N 2BQ

Registration: 6.00pm

Presentations: 6.30pm followed by a drinks/canapés reception



Companies Presenting:



Nighthawk Energy Plc


Nighthawk was admitted to AIM in 2007. It's key asset is the Jolly Ranch oil shale asset in Colorado, Denver. Nighthawk acquired an initial 50% interest in June 2007 and in early 2012 Nighthawk increased its stake to 75% and became operator for the first time, following a change in management and strategy during 2011. Since 2007, $50 million has been invested in the project and there has been a significant increase in the acreage to the current 410,000 gross acres. Of the 21 wells drilled to date at Jolly Ranch, 19 have focused on, and have intersected, the shales and, following various log

analyses, have been completed in the identified target horizons. Confidence has been reinforced by increased competitor activity in the region including the drilling of a number of successful wells by major oil companies, such as Devon Energy Corporation, Chesapeake Energy Corporation and Newfield Exploration Company, together with the general increase in activity in the shale sector over the past decade.


Since becoming operator, Nighthawk has started an extensive work-over program on existing wells, scheduled to be completed this month, and plans for new drilling are well-advanced with permitting of 15-25 locations underway. Well locations for an initial four high impact new wells have been selected for drilling in the second half of 2012.


Silvermere Energy Plc



Silvermere Energy is an oil and gas exploration and development company focused on opportunities in North America.

The development of the Mustang Island 818-L field, located offshore Kleberg County, Texas in waters of the Gulf of Mexico, a field re-habilitation project targeting bypassed or only partially produced gas-condensate. During the period from January 1980 to February 1995, the field had produced a total of 138.9 Bcf of gas. Its principle asset is a 33% working interest in a 20.83 per cent. net entitlement interest (after deductions of overriding royalties) in the Mustang Licence Area.



More companies to be announced




REGISTER NOW

lemmings being sucked in again.

http://www.iii.co.uk/tv/episode/outlook-nighthawk-energy-plc-hawk