HAWK Nighthawk

RNS Number:4390F
Nighthawk Energy plc
10 October 2007

                              Nighthawk Energy plc

         Commencement of pilot waterflood at the Devon Oilfield, Kansas

     Acquisition of interests in the Buchanan and Worden projects, Missouri


The directors of Nighthawk Energy plc ("Nighthawk" or "the Company") (AIM: HAWK)
are pleased to announce details of the implementation of a pilot waterflood
production project at the Devon Oilfield, Kansas and the acquisition of a 50 per
cent. interest in two new projects, the Buchanan and Worden, located in Vernon
County, Missouri.



Implementation of pilot waterflood at the Devon Oilfield



The Devon Oilfield, which covers an area of 1,764 acres, is located in Bourbon
County, Kansas, within the Cherokee Basin, a prolific shallow oil and gas
producing area.  Nighthawk holds an 80 per cent. interest in the project and the
operator, Running Foxes Petroleum Inc. ("Running Foxes"), a 20 per cent.
interest.



Nighthawk and Running Foxes are undertaking a major appraisal drilling programme
of over 60 wells, targeting Bartlesville channel sandstones between depths of
350 to 500 feet.  With the drilling programme well advanced, the implementation
of a pilot waterflood oil production project has commenced.



Running Foxes has identified the location for the first four water injector
wells to be used to flood the Bartlesville sandstone where the production
intervals are between 20 to 30 feet thick.  Drilling of the injector wells is
expected to commence within the next 14 days.  Subsequent permitting for the
injection of water is expected to take approximately 90 days to be granted by
the Kansas State.



The appraisal wells to be used for trial production during the pilot are
currently being perforated and flow lines and oil storage tanks are being put
into place.



Acquisition of interests in the Buchanan and Worden projects, Vernon County,
Missouri



Nighthawk has acquired a 50 per cent. interest in the Buchanan and Worden
projects, located in Vernon County, Missouri within the Cherokee Basin,
encompassing a combined acreage of 774 acres and targeting the same Bartlesville
sandstone reservoirs as at the Devon Oilfield project.  Running Foxes is the
operator and holds the remaining 50 per cent of the projects.



Missouri is surrounded on three sides by large oil producing basins, the
Illinois, Arkoma and Anadarko.  Missouri's oil occurs in sandstones of the
Pennsylvanian age Cherokee Group at shallow production depths.



There are a number of operating companies in the area currently acquiring land
to either water or steam flood at shallow depths.  Nighthawk and Running Foxes
intend to permit four test wells on each project and will continue to seek
additional acreage where significant oil reserves have previously been
identified as at the Buchanan and Worden projects.



David Bramhill, Managing Director, said: "We are delighted that the Devon
Oilfield project is moving into the pilot production phase.  Our success at
Devon led us to seek further similar opportunities which has resulted in the
acquisition of the Buchanan and Worden projects."



For further information in respect of the waterflood process, please visit
www.nighthawkenergy.net where an animation of the process can be viewed on the
Devon Oilfield page.







For further information please contact:


Nighthawk Energy plc                          01271 882160
David Bramhill                                office@nighthawkenergy.net
Managing Director
www.nighthawkenergy.net


Hanson Westhouse Limited                      0113 246 2610
Tim Feather                                   tim.feather@hansonwesthouse.com
Matthew Johnson                               matthew.johnson@hansonwesthouse.com

Bishopsgate Communications Limited            020 7562 3350
Dominic Barretto                              dominic@bishopsgatecommunications.com




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