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.

Oh gawd I'm unearthing Cynics stocks and here he is in another disastrous one!! Does this fictitious company you pretend to own make hard hats?? Think you'll need a few given some of the garbage you've bet on, dear me HAWK!!! Thought you were a savvy investor old boy?????!!!!

yes, i am indeed making a small loss on Hawk, but then my holding here is scarcely significant and of course the post above is self-explanatory .....

the "raddled queen" is upset i suspect because i openly admit my mistakes, whereas she .....

by the way, our successful, moderate-sized business is loosely linked to the shipping of chemicals etc ..... however, i am not here to promote the merits of our company, and indeed this is not of general interest and this BB is certainly not the place to do so.

Has 33-35p all over it in the next week or so

why?

because this is the stocks price range

for goodness sake get real!
where on earth did you dream up that idea?
you might just as well have said 115, which was the high perhaps 6 months ago

we will see then

would be delighted if you are right, but odds are about 100/1 or longer

watch the US rally tom, oil will follow and so on

nice and pretty glasses you wear lol!

the 50,000 shs buyer @ 26 obviously thinks the same

12.5k only .... i give up!

another pump and dump stock this, remember talking to one of the gaffers at the master investor show 2008, put me right off. Unfortunately didn't follow my instincts and short the pile of rubbish. Prob just another stock brought to market in the good oil days and will just bump along to zero with the odd fundraising and false hope thrown in. Good luck as I think you'll need it here.

let the old raddled queen rattle on .... she's actually just sore about TMC and some other stock(s) where she has been singed rather badly .....

personally i see no signs of HAWK being pumped at all (unfortunately) .... in fact it has been rather stagnant for some time and will prob remain that way, at least until crude prices recover over the coming months .... even then, the company has a long way to go before it is of interest to any predator

I appreciate that you own this stock cynic but I am surprised you react to the innane ramblings of an oliver that is so obviously trying to twist the truth.

you're right ... he's just a twit!

This is just a very dull time for the market in general (except for gold) ....perhaps with spring coming things might pick up a little !.

The directors of Nighthawk Energy plc ('Nighthawk' or 'the Company') (AIM: HAWK), the US focused hydrocarbon production and development company, are pleased to announce details of a significant gas discovery and a new reservoir at the Devon Oilfield waterflood project, located in Bourbon County, Kansas. Nighthawk holds an 80 per cent. interest in the project, which covers an area of 1,764 acres. Running Foxes Petroleum Inc. is the operator and holds the remaining 20 per cent.




The Graham 6-36D-3 well was tested from the Lower Bartlesville formation at a depth of 430 to 438 feet resulting in a stabilised open flow test of 627 MCFGPD (thousand cubic feet of gas per day) through a one inch choke.




The well has been hooked up to a local pipeline and gathering system and natural gas is now producing at a choked off rate of 160 MCFGPD and being sold into the market.




This producing sandstone represents a separate reservoir from the main Bartlesville channel system presently being waterflooded and seeing increasing production at the Devon project.




Eight additional locations have been staked and these wells will be drilled to define the extent of this new reservoir.




A full update of operations in respect of the Devon Oilfield will be issued in early March 2009.

it's all over-hyped; pump and dump etc ...... ask kate barnes, the raddled queen; she's never wrong on these things!

Well...it's steady improved production with this one...if they keep on like this for the next couple of years and somewhere along the line we get an oil price recovery...I'd like to think that the sp will be above 60 or 70p once again !.