Source - RNS
RNS Number : 4988K
Nighthawk Energy plc
11 April 2018
 

11 April 2018

 

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

 

Company Update

 

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update to production for the month ended 28 February 2018.

 

Production Update

 

Gross and net* production, in barrels, for the 4 months ended 28 February 2018 is summarised below.

 

 


Monthly


Daily Average


Gross


Net


Gross


Net


2017

2016


2017

2016


2017

2016


2017

2016

November

27,159

33,317


21,358

26,990


905

1,111


712

900

December

29,366

35,985


23,257

28,885


947

1,161


750

932














2018

2017


2018

2017


2018

2017


2018

2017

January

27,975

43,599


22,356

30,543


902

1,406


721

985

February

26,494

36,051


20,887

24,786


946

1,288


746

885

YTD

54,469

79,650


43,243

55,329


1,849

2,694


733

938













 

*Net production is based upon Nighthawk's Net Revenue Interest of approximately 82% save for the Monarch 10-15 well where HAWK has a 16% working interest.

 

 

 

Enquiries:

 

Nighthawk Energy plc


Rick McCullough, Chairman 

+1 303 407 9600

Chris Kohler, Interim Chief Financial Officer

+44 (0) 20 3582 1350



Stockdale Securities Limited

+44 (0) 20 7601 6100

Richard Johnson


Ed Thomas


 

Chuck Wilson, Chief Operating Officer of Nighthawk, who has over 34 years of experience in the oil and gas industry and meets the criteria of qualified persons under the AIM guidance note for mining and oil and gas companies, has reviewed and approved the technical information contained in this announcement.

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU  596/2014).


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