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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHAWK
RNS Number : 6826I
Nighthawk Energy plc
23 March 2018
23 March 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 31 January 2018.
Production Update
Gross and net* production, in barrels, for the 3 months ended 31 January 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
*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.
During the period from November 2017 to January 2018 several wells required non-routine workovers to be performed, which partially affected production. These workovers have now been completed.
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
UPDMMGZFLZVGRZM
(END) Dow Jones Newswires
March 23, 2018 03:00 ET (07:00 GMT)
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