Nighthawk Energy (ticker: HAWK) announced an update to current production levels, water flood injection wells, hedging and Rule 9 waiver. Production Update The Company’s production continues to remain strong through the first ten months of 2016. The effects of a natural water drive in the Arikaree Creek field, along with the efforts from the production operations team, have kept 2016 production
Nighthawk Energy (ticker: HAWK, NHEGY) announced today that its Arikaree Creek water flood pilot project is expected to be pushed back until mid-November 2016, from Oct. 2016. On 28 October 2016, the company performed a mechanical integrity test on the injection wells and was notified that it did not pass state specifications. Therefore, the company will carry out remediation work on
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has entered into a new $3 million second lien note financing with certain shareholders of the Company and executed amendments to two existing agreements and an existing loan note to defer the payment of cash interest and royalty payments as required by the
28 June 2016 NIGHTHAWK ENERGY PLC Production Update Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces the Company’s latest current production level update. The Company’s production continues to remain strong. As shown in the below table, the month on month decline in 2016 is less than Nighthawk experienced in 2015. The Company believes
Amendment to Arikaree Water Flood Enhanced Oil Recovery Project in Eastern Colorado In an effort to expedite its previously approved larger waterflood project for its Arikaree field asset in eastern Colorado, Nighthawk Energy (ticker: HAWK / NHEGY) filed an amendment to the original filing on Friday April 29, reducing the size of the initial water flood area (known as the
The drilling program of Nighthawk Energy plc (ticker: HAWK.L) is up and running again, and new arrangements in its marketing firm agreements are expected to provide increased upside in the second half of 2015. The plan to drill the first of six gross wells (three net) commenced on schedule in September, as part of its joint development agreement with Cascade
Nighthawk Energy (ticker: HAWK.L), an exploration and production company focused on conventional operations in the Denver-Julesburg Basin, is preparing to ramp up its drilling program after finalizing a series of financing and joint development agreements. Capital in Place to Begin Drilling in Sept. 2015 The company completed a convertible loan issue in August, raising $10 million to restart operations within
New executive interviews from EnerCom’s The Oil & Services Conference™ 13 are now posted on Oil & Gas 360® How are oil and gas companies working differently in the present commodity market? How are companies managing their drilling programs and growth profile? What do the top executives at leading independent oil and gas companies see on the energy horizon for
Low-Cost Vertical Drilling and Multiple Behind-Pipe Uphole Recompletions Coming in 2015 Chairman Comments in Audio Presentation Nighthawk Energy (tickers – AIM: HAWK, OTCQX: NHEGY), which operates 100% of its Smoky Hill and Jolly Ranch projects in the eastern Denver-Julesburg Basin, has released projected economic potential for its multiple-zone drilling inventory in Lincoln County, Colorado, following a comprehensive 30-day internal review of
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