RNS Number:3903T
Nighthawk Energy plc
30 April 2008

                    

                              Nighthawk Energy plc

                               Jolly Ranch Update


The directors of Nighthawk Energy plc ("Nighthawk" or the "Company") are pleased
to provide an update on the Jolly Ranch project, located in Lincoln County,
Colorado, as well as on the acquisition and initial development of land to the
north of Jolly Ranch, which has been named the Middle Mist project.

Nighthawk holds 50 per cent. interests in both the Jolly Ranch and Middle Mist
projects.  The operator, Running Foxes Petroleum Inc., holds the remaining 50
per cent. interests.

Following a 3-D seismic programme over key sections of the Jolly Ranch project
area, stratigraphic traps in the Mississippian Spergen and Pennsylvanian Morrow
Sandstone were identified, in addition to the Marmaton shoals which remain the
primary target of the drilling campaign. A re-evaluation of the project led to
an expanded drilling programme being implemented. Applications for 18 wells
have now been approved by the State of Colorado with six further applications
pending.  Plans are underway to submit an additional 15 drilling applications in
the near future.

The first well of the programme, Jolly Ranch 16-1, which is testing multiple
objectives, reached total depth of 8,024 feet. Hydrocarbons were encountered
during drilling and casing has been set to test the well. The drilling rig has
now been moved and is currently drilling the Jolly 2-1 well on Elizabeth, the
first of the Four Kings targets.

Nighthawk, together with Running Foxes, has acquired additional land of
approximately 61,500 acres immediately to the north of Jolly Ranch. Together
with approximately 15,000 acres previously included within the Jolly Ranch
project, the acreage has been named the Middle Mist project. This new project
has similar objectives to those at Jolly Ranch. A package of 2-D seismic has
been acquired over sections of the Middle Mist acreage and, following
interpretation of this data, a 3-D seismic survey has been shot over key areas
of the project. The data is currently being processed to identify potential
drill sites.

David Bramhill, Managing Director of Nighthawk, said "The Jolly Ranch drilling
programme is progressing well. As a result of the initial evaluation of the
prospectivity, we have high expectations of our new project, Middle Mist which
shows geological similarities."

David Racher B.Sc (Hons) Geology, who is a consultant to Nighthawk and has over
37 years of experience in the hydrocarbons industry and previously managed the
Lasmo plc onshore US portfolio in Kansas, Louisiana, South Dakota, Texas and
Wyoming, has approved the technical information contained in this announcement.




Enquiries:

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