Nighthawk Energy plc Appointment of US Investment Bank (8524C)

TIDMHAWK

RNS Number : 8524C

Nighthawk Energy plc

25 January 2018

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Appointment of US Investment Bank

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that, in accordance with the 9(th) Amendment to the Credit Agreement entered into with Commonwealth Bank of Australia ("CBA"), announced on 28 December 2017, the Company has today engaged SSG Advisors, LLC, an US investment banking firm, to advise the Company on available options for restructuring the existing debt outstanding on the Reserves Based Loan with CBA ("CBA Loan").

The Company is currently in compliance with all the existing waiver covenants under the CBA Loan.

Further announcements will be made in due course.

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 
 Richard Johnson 
 Edward Thomas

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

MSCSEMFWLFASEIF

(END) Dow Jones Newswires

January 25, 2018 02:00 ET (07:00 GMT)

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