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.

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

Watch Nighthawk at Oilbarrel

Click here to watch

Watch Nighthawk presenting at Oilbarrel

CLICK HERE TO WATCH

http://www.investegate.co.uk/nighthawk-energy-plc--hawk-/rns/drilling-and-development-update/201306040700071873G/



Stephen Gutteridge, Chairman of Nighthawk, commented:



"This phase of development of the Arikaree Creek oilfield has been very successful. We expect to have three wells producing from the field by mid June and can now follow up that success by establishing the extent of Arikaree Creek to the south. The objective of this relatively small-scale fund-raising is to deliver two more successful wells, which will not only further increase production and cash generation, but will enable us to establish material 1P and 2P reserves in the field, which would open up a wide range of options for the development of Arikaree Creek and further exploitation of our large acreage position."

Is this the year that hawk returns from intensive care? Todays update gives some hope

I certainly hope so.,.

I wish I'd bought on the sudden drop today (just happen to be watching then)..wasn't sure......at that time no rns....and then a rebound....damn...

.......The MMs have just whacked out the stop losses with a 11% instant SP fall.
Either this or the well results are not commercial.

Always concerns me when I see sudden drops in SP prior to any expected RNS news. Thank goodness we are getting a new CEO of the FCA, as the old system did not have any teeth to weed out the small cap market SP manipulation by big players. We can only hope that the new person appointed to the FCA will clean up the corrupt City Insider Trading cartel, (Allegedly) and provide a level playing field for both large and small investors alike!

Yeh alright!!

IMO
DYOR
HAb

Could be a mighty day tomorrow!!!

StockMarketWire.com
Nighthawk believes required approvals for the Arikaree water flood enhanced oil recovery project will be obtained in the next few months. Nighthawk says the Colorado Oil and Gas Conservation Commission approved the company's application for the project on 8 March, subject to the company obtaining 80% approval of the non-working interest owners within the next six months, using an agreed upon revenue allocation method.

The company believes that the required approvals will be obtained in the next few months. A further announcement will be made in due course.