Nighthawk Energy plc Production Update

TIDMHAWK

RNS Number : 2484U

Nighthawk Energy plc

05 April 2016

5 April 2016

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Production Update Correction

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces a correction to the Company's latest current production level update.

Production Update

On 1 April 2016, the Company issued an update (RNS: 8318T) of its production which contained volumes for 2016 that were inaccurate. Presented below are the correct numbers.

Gross and net* production, in barrels, for the first two months of 2016 is summarised below.

 
                            Monthly                            Daily Average 
            --------------------------------------  ---------------------------------- 
                   Gross                Net               Gross              Net 
              2016      2015      2016      2015      2016     2015     2016     2015 
            --------  --------  --------  --------  -------  -------  -------  ------- 
 
 January      43,915    63,605    36,031    52,183    1,417    2,052    1,162    1,683 
 February     40,809    55,979    33,444    45,843    1,407    1,999    1,153    1,637

*Net production is based upon Nighthawk's Net Revenue Interest of approximately 82%

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 
 
 Stockdale Securities 
  Limited                     +44 (0) 20 7601 6100 
 Alastair Stratton 
 Robert Finlay 
  David Coaten

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 05, 2016 09:49 ET (13:49 GMT)

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