Zeit für West Hawk Development

WHD ist nun offiziell Produzent,der Chart sieht auch langsam ganz nett aus und Anfang Juli laufen die billigen Warrants ab.

LINKS ZU DEN KOHLE-PROJEKTEN >>>

PICEANCE BASIN - COLORADO
PICEANCE BASIN - COLORADO - PHOTOS

GROUNDHOG COAL FIELDS - BRITISH COLUMBIA

TULITA - NORTHWEST TERRITORIES

NUNAVUT - NUNAVUT TERRITORY



DAS IST DIE HOMEPAGE >>>>

WEST HAWK DEVELOPMENT



NACHRICHT VOM 19. JUNI 2007 in schönem Deutsch (kein Google!) >>>

West Hawk Development Corporation
- Das Management von WHD ist in den letzten paar Monaten von Vancouver nach Denver umgezogen. Die Managementmannschaft hat ihren Sitz jetzt in Denver, Colorado. Es ist geplant
dass das Unternehmen in den nächsten 60 Tagen diesen Schritt abschließen wird. - Hr. Michael Sandidge ist vom Direktorium zurückgetreten. Wir wollen Michael Sandidge für seine Anstrengung als der unabhängige Direktor danken. Das Unternehmen erwartet zu
in der unmittelbaren Zukunft einen neuen unabhängigen Direktor mit einem starken Hintergrund in Unternehmensführung anzukündigen.
- Hr. Michael Townsend kündigte als Vorsitzender und Direktor, und ist von allen Managementpositionen im Unternehmen im  November 2006 zurückgetreten.
- Hr. Gary Wilson, früher im BC Hydros Führungsteam, leitet unser Tagesgeschäft in Kanada.

Finanzierung
- Ungefähr 2 Millionen Aktienoptionen mit totalen Erlös von ungefähr $300,000 sind kürzlich ausgeübt worden. Die Optionen verfallen am 8. Juli 2007.
- Das Unternehmen realisierte" im November, 2006, "eine Aktien-Handels-Politik". Unter anderen beschränkt diese Politik Insider, eine Transaktion mit WHD-Anteilen in "Blackout-Perioden" auszuführen, wenn das Unternehmen also Finanz- oder andere bedeutsame Informationen vorbereitet. Alle Direktoren und leitenden Angestellten haben diese Vereinbahrung unterschrieben.

Colorado West - Figure 4 gas project
- Bohrloch 1, 2 & 3 haben nun die veranschlagte Tiefe und sind damit fertiggestellt. Zwei Bohrlöcher wurden tiefer gebohrt.
- Bohrloch 4 wird gegenwärtig gebohrt und hat im Moment ungefähr 70 % seiner geplanten Tiefe.
- Anregung und abschließende Aktivitäten bei einem normalen Bohrloch dauern im Schnitt 2 bis 3 Monate. Hierbei wird alles gesäubert und die Produktion hochgefahren. Das Gas muss Pipelinequalität haben, bevor es kommerziell verkauft werden kann. Mehr dazu erfährt man in Dr. John Reeves Jr.s Erklärung des Fertigstellungsprozesses für ein typisches Piceance Basin Bohrloch einsehbar auf unserer Webseite
www.westhawkdevelopment.com. Das Unternehmen stellt im Moment an jedem Bohrloch Verdichtungsstationen auf, um den Rückdruck im System zu verringern. Außerdem werden dort überall Wasserpumpen installiert um die Gasproduktion zu erhöhen.
- WHD speist weiterhin Gas in das System ein. Der Verkauf ist durch den so lange wie das Projekt bestehenden Vertrag geregelt.
- 4 Bohrlöcher erreichen bereits die für 2007 vereinbahrten Verpflichtungen.
- Das Unternehmen will diese Verpflichtungen für das Jahr 2007einhalten und damit die Einkünfte und den Cash-Flow vergrößern.
- Um die  Entwicklung des Gasprojekts effizienter zu gestalten, will WHD 25% einer Bohrfirma erwerben. Wir rechnen dadurch mit großen Ersparnissen bei der Bohrung.
- Das Unternehmen prüft derzeit einen 2-Jahres-Vertrag für 24 Bohrlöcher der zusätzlich zu sehr hohen Ersparnissen im Tagesgeschäft führen würde.
Das Unternehmen bohrt gegenwärtig relativ teuer, weil die Bohrung nicht über längerfristige Verträge geregelt ist.

Colorado East Gasification Project
- In einer Absichtserklärung mit der Radar Acquisition Corp. (RAC) hat das Unternehmen die Orte festgelegt an denen die Kohleproben genommen werden sollen. Diese Proben werden von SGS zertifiziert, verpackt und an die Lurgi/Sasol Labore in Südafrika geschickt, um Eignung für die Kohlevergasungs zu bestimmen.
- Das Unternehmen führt seine Anstrengungen fort, um die besten Märkte für die Produkte und die Nebenprodukte des Projekts zu finden.
- Einige potentielle Abnehmer haben bereits ihr Interesse an den Kohle-Vergasungs-Produkten bekundet.

NWT Gasification Project
- WHD hat sich dem neuen Projektplan für das NWT MacKenzie Valley Pipeline Project (MVPP) angepasst.
- Das Unternehmen hat beim Projekt sein Interesse bekundet, die Transportkapazität mit der Pipeline sicherzustellen.
- Wie früher bekanntgegeben, hat das Unternehmen einen historischen "NI 43-101 technical report" für das Gebiet veröffentlicht. Dieser ist unter  www.sedar.com und auf der Firmenwebseite verfügbar. Dieser Bericht wurde von der Weir International Inc. fertiggestellt.

Groundhog Project
- Es ist uns ein Anliegen, die Verhandlungen über das "Zugriff- & Nutzen-Abkommen" mit First Nation fortzuführen. Sobald das Abkommen getroffen ist, werden wir mit dem bereits festgelegten Programm für die Bohrung und die Entnahme von Kohleproben in diesem Gebiet beginnen.
- WHD hat Anfragen von Unternehmen erhalten, die sich für die Kohle interessieren.
- Der historische "NI 43-101-Bericht" wird gegenwärtig von der Weir International Inc. fertiggestellt.

Ellesmere Island/Nunavut

- Wie bereits bekanngegeben wurde, hat das Unternehmen einen historischen "NI 43-101 technical report" für das Gebiet veröffentlicht. Dieser ist unter www.sedar.com und auf unserer Webseite verfügbar. Der Bericht wurde von der Weir International Inc. fertiggestellt.
- WHD hat Anfragen von Unternehmen erhalten, die sich für die Kohle interessieren.




NACHRICHT VOM 19. JUNI 2007 >>>>

June 19, 2007 – Vancouver, B.C.: West Hawk Development Corp. (the “Company”) (TSX.v – WHD, Frankfurt – H5N) is pleased to provide the following shareholder update.

West Hawk Development Corporation
- The management of WHD has been transitioning from Vancouver to Denver over the last few months. The management team is based in Denver, Colorado. It is projected
that the Company will complete this move in the next 60 days. - Mr. Michael Sandidge has resigned from the Board of Directors. We wish to thank Michael Sandidge for his effort as the independent director. The Company expects to
announce a new independent director in the immediate future with a strong corporate governance background.
- Mr. Michael Townsend resigned as Chairman and Director, and from all management positions in the company during November 2006.
- Mr. Gary Wilson, formerly with BC Hydro’s executive team, is managing our day to day Canadian operations.

Financing
- Approximately 2 million share purchase warrants have been recently exercised for total proceeds of approximately $300,000. The warrants expire on July 8, 2007.
- The company implemented a “Stock Trading Policy” in November, 2006. Among other provisions, the policy restricts insiders from executing a transaction with WHD
shares during “blackout periods” when the Company is preparing to release financial and other sensitive material information. All directors and officers signed this policy.

Colorado West – Figure 4 gas project –
- Wells 1, 2 & 3 have been completed to total depth. Two wells were drilled deeper.
- Well 4 is currently being drilled and is at approximately 70% of it’s targeted total depth.
- Stimulation and Completion activities of tight gas wells take on average 2 to 3
months to clean up and place into production. The gas must meet pipeline quality
gas specifications before it can be sold commercially. Please see Dr. John Reeves,
Jr.’s description of the completion process for a typical Piceance Basin well posted
on the Company’s website at www.westhawkdevelopment.com. The company is in
the process of placing compression stations at each well site in order to reduce
backpressure in the system. Water pumps are also being installed in each well in
order to increase gas production.
- WHD continues selling gas to the system through the life of project contract.
- 4 drilled wells meets our contractual obligations for year 2007 under the agreement.
- It is the Company’s intention to continue drilling above the contractual obligations for
year 2007 to increase revenue and cash flow.
- In order to increase the efficiencies in the development of the gas project, the
Company is in the process of acquiring 25% of a drilling fluids company. We envision
important savings in the cost of these drilling products.
- The company is also in the process of evaluating 2 year contracts for drilling 24
wells. A 2 year contract will bring important savings to the company’s operations.
The Company is currently drilling on an expensive day rate.

Colorado East Gasification Project
− As per the Letter of Intent executed with Radar Acquisition Corp. (RAC), the
Company has defined the coal sampling targets where the samples are going to be
extracted. These samples will be certified by SGS, packaged and sent to Lurgi/Sasol
laboratories in South Africa to determine coal gasification suitability.
− The Company is continuing its commercial efforts to identify the best markets for the
products and by products of the project.
− Some possible off takers have already expressed their interest in the coal
gasification products.

NWT Gasification Project
− WHD has adapted to the new NWT MacKenzie Valley Pipeline Project (MVPP) time
line schedule.
− The company has confirmed its interest to the transporter to secure transportation
capacity with the pipeline.
− As previously released, the Company filed a historical NI 43-101 technical report for
the property, and is available for review at www.sedar.com or the Company’s
website. This report was completed by Weir International, Inc.

Groundhog Project
− It is the Company’s intention to continue the “Consultation” negotiation of the “Access & Benefits Agreement” with First Nation. As soon as the agreement is in place, the Company will execute the Drilling and Sampling Program already defined for the property.
− WHD has received inquires from companies interested in the coal.
− The historical NI 43-101 report is currently being completed by Weir International,
Inc.

Ellesmere Island/Nunavut

− As previously released, the Company filed a historical NI 43-101 technical report for the property, and is available for review at www.sedar.com or the Company’s website. This report was completed by Weir International, Inc.
− WHD has received inquiries from companies interested in the coal



NACHRICHT VOM 30. MÄRZ 2007 >>>>

March 30, 2007 - Vancouver, B.C.: West Hawk Development Corp. (the "Company") (TSX.v - WHD, Frankfurt - H5N) is pleased to announce that the West Hawk Energy, USA financial transaction has been approved by the Luan Mining Industry (Group) and the Chinese government authorities, and the funds are in the process of being transferred.

"This marks the continuation of a strategic relationship with a company that has the same vision as we do" said Dr. Wm. Mark Hart, President and CEO, West Hawk Development. "We share the vision that the utilization of coal as a clean energy source will provide for the continued and sustained standard of living for an energy hungry world. Our focus is getting the feedstock, coal or gas, into a gaseous state and using it as the market demands".

Chairman Ren, of the Luan Mining and Industries Group said "We are looking forward to a long and lasting relationship with West Hawk Development Corporation. The gasification products from coal will play a significant role in meeting the world's energy needs. Coal is the world's most abundant fossil fuel and gasification coupled with the recovery of valuable by-products will provide for a clean energy future".

The entire Board of Directors and the executive management team look forward to working with Chairman Ren and the Luan Mining Industries Group.



NACHRICHT VOM 9. APRIL 2007 >>>>

April 9, 2007 - Vancouver, B.C.: West Hawk Development Corp. (the "Company") (TSX.v - WHD, Frankfurt - H5N) is pleased to provide the following project update on the status of drilling operations at its Figure Four property in the Piceance Basin.

Drilling of the project's second well has been completed to a total depth of approximately 10,000 feet. The well was drilled in 26 days. The well has been open-hole logged and cased. After analyzing the logs, the Company plans to hydraulically stimulate the well and commence production. The Company plans to stimulate both wells 1 and 2 in sequence to save equipment mobilization, de-mobilization and other associated costs. From the log information, both wells appear to have the potential to be good producers.

The drill rig has been moved to the third well pad and drilling operations have commenced. Construction of the fourth pad is nearing completion and construction of the fifth pad has started. The company intends to advance its drilling program throughout 2007 year.


 

...Meinung hierzu?  

ist sehr anschaulich!

Leider sieht der Kurs weniger rosig aus, was allerdings an den Warrants zu 0,18 CAD liegen dürfte, die am 08. Juli 07 auslaufen.

Eigentlich sollte der Kurs in einer ganz anderen Region stehen und nicht weiter nach Süden laufen.
Die Fundamentaldaten sind in Ordnung und es läuft alles plangemäß.
Das Management bemüht sich weitere Projekte und Zielsetzungen in die Tat umzusetzen.

Irgendwann wird auch diese Perle entdeckt, bis dahin ist weiterhin Geduld angesagt!

Auf wallstreet:online wird ebenfalls fleißig über den Wert diskutiert und Fakten geliefert.
In diesem Forum ist es in der Tat seit einiger Zeit sehr still.  

...einige im Depot, aber wenn die Warrants abgelaufen sind, werde ich wahrscheinlich noch nachlegen. Dann warten wir eben. Ich hab Zeit.  

Also wenn es jetzt nicht Richtung Norden geht:


West Hawk Development Corporation Update
July 18, 2007 - Vancouver, B.C.: West Hawk Development Corp. (the "Company") (TSX.v - WHD, Frankfurt - H5N) is pleased to announce that the Company has drilled the first four earning wells, required under the Figure Four Ranch Drilling and Development Agreement, for the 2007 year.

The Company, before drilling is resumed, will now focus on maximizing the production from these wells. Schlumberger will re-stimulate wells one and two. The slick water stimulation will include additional gas bearing strata and will be substantially larger than the previous stimulations. Schlumberger is also designing the hydraulic stimulation program for the fourth well.

The third well, previously stimulated by Schlumberger, is being cleaned up and brought on line. The large scale stimulation for the third well, employing more than 17,000 bbl of fluid and 1,000,000 pounds of sand, achieved the desired results. Petro-physics analysis indicates that the first four wells have estimated ultimate recoveries (EUR) exceeding the original NI 51-101 report projections.

Prior to the resumption of drilling, the company will make several changes to the drilling program as follows:


The company will employ a smaller shallow-well rig to drill, case, and cement the first 2,500 to 3,000 feet of the well prior to moving the larger deep-well rig onsite to drill to total depth. A significant reduction in drilling cost and time utilizing the smaller rig is expected.
The company will negotiate a long-term two year 24-well drilling contract for the deep-well rig, which is expected to reduce contract drilling cost via economies of scale. A drilling contractor and rig will be selected based on prior crew experience, safety record, and mistake free performance. Drilling delays were encountered on the previous wells due to severe weather, a broken bit, a twisted off bit assembly, a dropped bottom-hole assembly, drill string and casing problems. Experienced drilling crews and a long term committed drilling contractor are an integral part of eliminating drilling errors.
The road and gathering system pipeline are constructed providing access to approximately four square miles of the eight square mile farm out area. The production units are installed for the first, second and third wells. Four well pads have been built, with the fifth pad under construction. These pads are designed to accommodate up to seven directionally-drilled wells. The surveying and engineering is completed for nine additional well sites and the applications for the permits to drill (APD) are underway. The Rockies Express Pipeline will be built to Audrian, Missouri by January 2008 providing access to the Midwest-Chicago markets and a significant increase in Piceance Basin gas prices.

"Unfortunately, the startup process has been time consuming and costly, but the experience has given us the necessary knowledge to economically drill and produce the property" said John Reeves, Jr. CEO of West Hawk Energy, USA.

On behalf of the Board of Directors,

"Dr. Wm. Mark Hart"
Dr. Wm. Mark Hart, President and CEO


THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.


About the Company: West Hawk Development Corp. is focused on providing valuable, high-demand energy products from a variety of sources. Assets include the Figure Four natural gas property located in the Piceance Basin, Colorado, being developed under a drilling and development agreement; the Tulita coal property in the Northwest Territories; the Groundhog coal property located in northwest British Columbia; and the Ellesmere Island, Nunavut Territory coal property.

Cautionary note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. The company has filed a National Instrument 51-101 Report on the Figure Four property. The company has filed a National Instrument 43-101 Report on the Tulita coal property in the Northwest Territories. The company has also filed a National Instrument 43-101 Report on the Nunavut coal property. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Contacts
North America
West Hawk Development, +1-604-669-9330
Email: news@westhawkdevelopment.com

Vielleicht hat hier in dem Forum noch jemand eine Meinung zu dem Thema!
 

Bin frisch eingestiegen und freue mich auf reichlich Kohle.Will mal hoffen ,dass das eineigermassen klappt mit den Bohrungen.Ergebnisse sind wohl auch gut ausgfalen ,falls ich das Ganze richtig verstanden habe beim Überhuschen der Adhocs ,Mahlzeit ,buran  

Die Bohranlage wurde zum dritten Quellenblock gebracht und
Bohrarbeiten haben begonnen. Erstellung des vierten Quellenblocks
steht kurz vor Fertigstellung und die Erstellung der fünften
Quellenblocks hat begonnen. Das Unternehmen sieht vor sein
Bohrprogramm weiter fortzuführen im Jahre 2007.