Analyst Research Report Snapshot

Title:

NIGHTHAWK ENERGY - THE POTENTIAL REMAINS

Price:

$10.00

Provider:

Edison Investment Research

Date:

01 Aug 2011

Pages:

9

Type:

AcrobatPDF

Companies referenced:

NGTE.L

Available for Immediate Download
Summary:

Nighthawk has continued trending down in 2011 and is now close to a post IPO low. The apparent market scepticism concerning the viability of the Jolly Ranch shale oil project ignores the significant progress made in de-risking, the potential alluded to in recent Schlumberger and Gaffney Cline studies and the intense interest in US shale oil plays. Major development work is still required at Jolly Ranch but the project could ultimately evolve as a highly significant petroleum source in the US Mid-Continent.

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