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HAWK Nighthawk

0.115
0.00 (0.00%)
16 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nighthawk LSE:HAWK London Ordinary Share GB00B156TD53 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.115 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Nighthawk Energy plc Operational Update (9987G)

26/11/2015 7:01am

UK Regulatory


Nighthawk Energy (LSE:HAWK)
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TIDMHAWK

RNS Number : 9987G

Nighthawk Energy plc

26 November 2015

26, November 2015

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Operational Update

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update to the Company's current drilling of the Northstar 1-14 well.

Drilling Update

The Northstar 1-14 well was spudded on 12 November, 2015 and was drilled to a total depth of 8,900 feet. The well was drilled on an independent structure within the Monarch Joint Development Area. The Spergen formation was present in the Mississippian section of the well and had no oil shows. Open hole logs were run to evaluate the potential of the shows in uphole zones and it was determined that there were no zones in the well that would warrant the running of production casing and initiating a completion. Accordingly, the well is being plugged and abandoned.

This fulfills our drilling commitments for the Monarch Joint Development Area and there is no further drilling planned for 2015.

Chuck Wilson, Chief Operating Officer of Nighthawk, who has over 33 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.

Enquiries:

 
 Nighthawk Energy plc 
 Rick McCullough, Chairman         +1 303 407 9600 
 Kurtis Hooley, Chief 
  Financial Officer           +44 (0) 20 3582 1350 
 
 Westhouse Securities 
  Limited                     +44 (0) 20 7601 6100 
 Alastair Stratton 
 Robert Finlay 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLPGGRCGUPAPWA

(END) Dow Jones Newswires

November 26, 2015 02:01 ET (07:01 GMT)

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