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.

LONDON (Thomson Financial) - Nighthawk Energy PLC has bought a 50 pct interest in two new projects, the Buchanan and Worden, located in Vernon County, Missouri.

Financial details of the deal were not disclosed.

Running Foxes Petroleum Inc is the operator and holds the remaining 50 pct of the projects.

The US-focused hydrocarbon production company said it has also started pilot waterflood production project at the Devon Oilfield, Kansas.

Nighthawk holds an 80 pct interest in the project and the operator, Running Foxes, has a 20 pct interest.

Nighthawk Energy plc (the 'Company') was notified on 16 October 2007 that on 9
October 2007, CIM Special Situations Fund Limited ('CIM') has acquired 400,000
ordinary shares of 0.25p each. Following this purchase, CIM holds 5,400,000
ordinary shares in the Company, representing 3.13 per cent. of the issued share
capital.

Haven't been able to get these on IG for weeks as they are at there 2% limit.

Had to do it the traditional way.

strange ..... i bought some through IG on 19/9

You must have got your timing right again cynic! lol

i recollect i had to ask "higher authority" for my relatively small order of 25k to be accepted

You must have been more polite than me!!!

perhaps i'm just more scary - lol!

good performance today in a rubbish market, with volume at about double the norm ...... could easily be just a freak against the wind, but you never know

Lots of trade today . Some of the big sells could be buys .

At this rate , we should see 50p by next week .

performing well on a daily basis...

It's good to see some larger volumes over the last couple of weeks. New interest maybe. Lets see what the AGM brings next week.........Hopefully another push north!

We will see a new high very soon , going to see 60p by mid nov .

Going well this morning , had to get some more as i can see 60p just round the corner .

Nighthawk Energy plc
02 November 2007

Nighthawk Energy plc


Grant of Options



Nighthawk Energy plc ('Nighthawk' or 'the Company') (AIM: HAWK) announces that
on 1 November 2007 the Company granted options to subscribe for 1,250,000
ordinary shares of 0.25p each to Steven Tedesco. The options are exerciseable
at a price of 53p, being the closing mid-market price on 1 November 2007, at any
time until 2 November 2012.


Steven Tedesco is the CEO of Running Foxes Petroleum Inc. ('Running Foxes'), the
operator of all of the projects in which Nighthawk is interested. The options
have been granted to reflect the level of his ongoing contribution in respect of
time and technical expertise to Nighthawk's development, over and above Running
Foxes' obligations as operator of the Company's projects.

AGM tomorrow, lets see what news it brings, if any. (hopefully pipeline hookup etc.) Looking good so far "a new all time high today"

Grateful for any feedback from AGM from anyone attending today. Thanks.

***THIS WAS POSTED BY ANOTHER USER ON Advfn***



I was at the AGM.

It was very well attended meeting with David Bramhill and Steve from Running Foxes producing an excellent presentation I have to say I think we were all VERY impressed with Steve, he really does appear to know his stuff.

All resolutions were passed and then the presentation on the different drills were discussed. CISCO pipework link up in the next 2 weeks, Steve commented that the link had provided opportunity to increase the flow straight to the buyers and not through 3rd parties, which was costing up to 30%. He said the Companies would hedge a certain amount of sells to guarantee the very important cash flow.
The Gas flow would be at 1.5m by next year increasing up to 8m as others wells came on line.

Devon project would be potentially ready in the Q1 to start.

Jolly Ranch is 3 parts, all of which had had some seismic study and all seemed to be showing higher expectations. There were some figures around but they were hard to hear. I am sure Curry heard them much better than me as he has remarkably large ears. He will update you when he gets back on his chuffer by about Friday.

The spirit of the AGM was very upbeat and ended with applause for David Bramhill for his excellent achievements with the Company, he commented that he had already spoken this week with highly experienced institutions and expected News flow to be continuing throughout the end of 2007 and into 2008.

One thing I did overhear was a Director clearly stating that the Company could be sold as early as 18 months, probably to a North American or Canadian Company (I think he was guessing)and that it was a clear strategy.

I was VERY impressed with the Company and its Directors.

Please do not read this as advice, its just my personal feedback to you.

Thanks Romethli, I know that David B's intention is to grow the company until its market capitalisation is circa 250m and then sell it. Currently this stands at 92m, so a little way to go yet, but I suppose that depends upon the right offer being made, holding until then. :-)