October presentation.Encouraging updatehttps://www.hawkexploration.ca/HawkOct2012Present.pdf
Look at net backs $30 per barrel with heavy oil pricing of $65.
Fully diluted NAV as of December 2011 .75 cents.
Growing production.Experienced,proven management team.
Rock energy and Fenway mentioned in this presentation for having success at Dankin/Mantario drilling vertical wells.
Rock been pretty quiet on Mantario.Hawk is stating they have had success.
Good to hear! Since I have a very big position in Rock and decent position in HWK.B
Hawk believes Dankin horizontal wells may perform better than vertical wells
Hawk as low debt with lots of room on its credit line.
Have been buying B shares.
A shares trading at .28 cents.Fair value(fully diluted A and B shares) at 4 times cash flow based on current production would be .50 cents.
I