Source - RNS
RNS Number : 6819G
Nighthawk Energy plc
31 May 2017
 

31 May 2017

 

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

 

Reserves Based Loan Covenant Compliance

 

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has notified Commonwealth Bank of Australia ("CBA") that the Company is not in compliance with the minimum production requirement covenant for the month of May 2017 under the Company's Reserves Based Loan with CBA. 

 

CBA have agreed a waiver to this breach.

 

 

Enquiries:

 

Nighthawk Energy plc


Rick McCullough, Chairman 

+1 303 407 9600

Kurtis Hooley, Chief Financial Officer

+44 (0) 20 3582 1350



Stockdale Securities Limited

+44 (0) 20 7601 6100

Richard Johnson


David Coaten




 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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