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Bullboard - Stock Discussion Forum Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.

Bullboard (TSXV:NKW.H)

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Post by BayWallon Dec 11, 2023 7:13pm

Provinces seek renewable energy

In some respects, Ontario is taking same route as BC Hydro has. Competitive bidding process and more energy calls coming in subsequent years.  In addition, energy storage projects are going to be ...more  
Post by BayWallon Nov 24, 2023 5:29pm

Warrants Exercised

$196,000 raised today with the exercise of warrants at 7 cents. 2,800,000 shares issued.
Comment by BayWallon Nov 24, 2023 3:29pm

RE:Will have to raise money soon.

Peter Pastewka, Director exercised warrants at 7 cents today for $70,000.  Million shares.
Post by BayWallon Nov 17, 2023 7:38pm

First of many new power calls.

BC Hydro issuing 'first of many calls' to obtain 3,000 gigawatt hours of new power - Burnaby Now
Post by BayWallon Nov 13, 2023 5:23pm

News Release

Microsoft Word - 2022-05-25 Oceanic releases second quarter financials (ceo.ca)
Post by BayWallon Sep 14, 2023 10:41am

Will have to raise money soon.

 Cash balance of $55,000 at the end of June. Just below the burn rate.
Post by BayWallon Aug 18, 2023 11:39pm

Northland mentioned

Northland  was mentioned in their 3Q results and MD&A today.  No "subsequent events" mentioned either. I kind of wondered with all the tax credits available and BC Hydro's ...more  
Post by BayWallon Aug 18, 2023 1:55pm

Complicated Stuff

Sorry. Status quo remains in place for the project. Just because it's not listed on Northland's website, doesn't mean it's divested of. Stay tuned, nobody panic.
Post by BayWallon Aug 16, 2023 9:58pm

Northland leaves

As suspected, because no longer in the pipeline list, Northland has decided not to proceed with the Hecate project. No reason given. Maybe they wish to focus on larger projects. What then are the ...more  
Post by BayWallon Aug 11, 2023 1:58pm

Reasoning

If not yet chosen by BC Hydro or anyone else (corporate offtake) to supply power, then can't be in the "identified" growth project category. Assuming a proposal will be made next year ...more  
Comment by BayWallon Aug 11, 2023 1:51pm

RE:Hecate Project

Maybe placed in the "Various" early stage  project category, of which there's over 4GW of undisclosed projects listed. If the project was dropped, then Oceanic should have reported ...more  
Post by BayWallon Aug 11, 2023 11:26am

Hecate Project

I don't see the Hecate project on Northland's identified growth project list anymore. Maybe doesn't meet their investment criterion?
Post by BayWallon Jul 03, 2023 8:48am

No transition without transmission

All this will take time. If more energy calls will be forthcoming, the phrase "no transition without transmission" would apply. Maybe also look at battery storage as will require backup ...more  
Post by BayWallon Jun 30, 2023 10:43pm

Grid Connection Costs

The BC Hydro CEO added that renewable prospects like tidal and offshore wind likely won’t be scaled up due to the costs of connecting those generation types to the grid. Can Federal  tax ...more  
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