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Small caps round-up: DQ Entertainment, Mwana Africa, Nighthawk...

Wed, 20th Oct 2010 13:23

Shares in DQ Entertainment, the entertainment production and distribution company, moved a step closer to their 52-week high Wednesday morning after the announcement of a deal with Noga Communications, Israel's leading independent television content producer and broadcaster.Noga has acquired the Israeli broadcast rights for DQ's animated TV series "The New Adventures of Peter Pan" for a four year period. Pan-African resources outfit Mwana Africa said its Freda Rebecca gold mine is producing close to expected levels after logistical difficulties were resolved in July through the purchase of two new haul trucks. "In September 2,600 ounces were produced, exceeding the Phase 1 production target rate of 30,000 ounces per annum. and we believe that the operation is now close to consistently achieving this rate," the company said.US-based oil group Nighthawk ended last year with cash of 7.2m despite a same again loss of $1.3m. Revenue increased 332% to $2.1m (2009:$498,000)."The priority at Jolly Ranch is to determine the most efficient fracturing method for the multi-stacked hydrocarbon bearing horizons. This initial phase takes longer than with a conventional development; however, once the shale formations are properly understood and capable of demonstrating long-term production the results should be applicable can be applied to the whole of the Nighthawk acreage," the firm said.Software group eg solutions has won a contract with a total initial value of approximately £330,000 and over two thirds of the revenue will be recognised in the current financial year. The contract is for the data capture module of Nuqleus 3D, the business performance software which the company acquired through XTAQ in March 2010. Clyde Process Solutions has been awarded a £1.2m contract from a large Chinese steel company. CPS Asia will provide the company with a coal injection system to be included in the rebuild of one of its blast furnaces.Luxury car dealer HR Owen has seen new car registrations rise in September despite challenging market conditions since its interim statement in August. September is new registration plate month, and registrations were 5.5% up on the same period previously. Both used cars and aftersales continue to operate ahead of internal expectations, it added.Central African Gold's shares soared after it reported positive reserves updates from its Zimbabwean gold mining properties.A reserves update in Africa has also boosted shares in Victoria Oil & Gas. Proved reserves at the Logbaba gas and condensate project in Cameroon have climbed almost five-fold since July 2008 to 49bn cubic feet.Seeing Machines, which makes systems that monitor drivers' facial movements to detect drowsiness, saw its shares jump after it announced that it won contracts to install its equipment in trucks at two mines in North America.Shares in TyraTech have jumped 6% this morning as the pesticide and parasiticide developer extended its partnership with Terminix International. Terminix, the world's largest professional pest control company, has signed a seven-year agreement to market certain TyraTech products in the US, Canada and Mexico. TyraTech will receive an upfront payment and milestone payments as new products are developed and launched.
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19 Jul 2018 11:41

Nighthawk Energy Sells All Operating Assets In US For USD18 Million

LONDON (Alliance News) - US-focused, UK-listed oil company Nighthawk Energy PLC said on Thursday it has closed the sale of all assets belonging to its US operating subsidiary Nighthawk Production

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29 Jun 2018 12:24

US Court Approves Nighthawk Energy Asset Sale Ahead Of Wind-Up

LONDON (Alliance News) - Nighthawk Energy PLC on Friday said a court in the US has approved the sale of all of its assets, following which the company will be wound up.On Thursday, the US a

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11 Jun 2018 13:52

Nighthawk Energy Cancels General Meeting For Reconstruction Focus

LONDON (Alliance News) - US-focused oil company Nighthawk Energy PLC said on Monday it has cancelled its general meeting scheduled for June 28, after shareholders Fasighets AB Korpralen and Johan

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16 May 2018 14:33

NightHawk Energy US Subsidiary Files For Chapter 11 Bankruptcy

LONDON (Alliance News) - US focused oil development and production company Nighthawk Energy PLC said Wednesday that its US subsidiary Nighthawk Production LLC has filed a voluntary petition for 11

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14 May 2018 18:09

UK High Court Notes Nighthawk Energy's Bankruptcy Proceedings In US

LONDON (Alliance News) - US-focused oil and gas company Nighthawk Energy PLC said on Monday it has obtained orders from the UK High Court recognising the Chapter 11 proceedings between the company

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10 May 2018 14:07

Shareholders Call Meeting To Remove Nighthawk Energy Leadership

LONDON (Alliance News) - Nighthawk Energy PLC on Thursday said it has received a requisition notice from shareholders to remove both its executive chairman and chief operating officer.The

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4 May 2018 18:18

Nighthawk Energy Appoint Bankruptcy Expert As Non-Executive Director

LONDON (Alliance News) - US focused oil development company Nighthawk Energy PLC said Friday Drew McManigle is to become it new non-executive director with immediate effect.McManigle is of

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1 May 2018 11:30

Nighthawk Energy Files For Chapter 11 Bankruptcy Protection

LONDON (Alliance News) - NightHawk Energy PLC on Tuesday said it has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware to preserve its ability to a

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20 Apr 2018 10:36

WINNERS & LOSERS SUMMARY: Reckitt Slides After Missing Forecasts

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Reckitt down it

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20 Apr 2018 10:17

Nighthawk Energy Shares Drop 66% As It Gets Default Notice From Bank

LONDON (Alliance News) - Shares in Nighthawk Energy PLC plunged on Friday as it said it had defaulted on a loan with assets now possibly subject to foreclosure or "other shares were trading a

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23 Mar 2018 11:45

Nighthawk Energy Says Workovers Complete In Several Wells

LONDON (Alliance News) - Oil company Nighthawk Energy PLC said Friday that between November and January several wells required non-routine workovers, which have now been three

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15 Feb 2017 11:31

Nighthawk reports rise in total 3P reserves

(ShareCast News) - Nighthawk says its total 3P reserves rose to 3.89m barrels at 31 December, 2016, from 3.64m barrels a year earlier. Total proved reserves rose to 1.54m barrels, from 1.41 barrels. Probable reserves rose to 1.8m barrels, from 1.42m barrels, while possible reserves fell to 545,000 b

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16 Dec 2016 09:06

Nighthawk Energy reaches settlement with Cascade Petroleum

(ShareCast News) - US-focused oil development and production company Nighthawk Energy announced the execution of a settlement agreement regarding the Monarch Joint Development Agreement on Friday. The AIM-traded firm said it was entering into the settlement agreement with Cascade Petroleum, under th

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30 Nov 2016 09:17

Nighthawk Says Production Remains "Strong" Despite Decline In Output

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11 Nov 2016 10:29

Nighthawk Energy updates on water flood pilot project

(ShareCast News) - AIM-listed oil development and production company Nighthawk Energy has received approval on one injector well and has begun the injection of water at its water flood pilot project at Arikaree Creek in Colorado. The group had announced delays to the project on 1 November, but on Fr

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