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Additional Information
Market: AIM
Sector: Oil & Gas Exploration & Production
Epic: HAWK
News: Latest news
Web Site: Nighthawk Energy
Other Articles: 10-08-201009-08-201027-07-2010

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Nighthawk Energy

Nighthawk Energy

Nighthawk holds substantial equity in four projects across the US mid-continent, all of which are operated by Running Foxes Petroleum Inc., Nighthawk's partner and holder of the remaining interest in each project.

Of our four projects, three are either in production or at the development stage and we expect all of our projects to make material contribution to the value of the Company in the future.

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Tuesday, June 30, 2009

Nighthawk Energy sells 50 pct stake in Centurion project for US$5 mln

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Nighthawk Energy PLC (AIM: HAWK) said it sold its 50 percent interest in the Centurion project to Osceola Hydrocarbons Ltd for US$5 million in cash and will receive an annual royalty equal to 5 percent of the gross oil and gas revenues from the Centurion project received by Osceola.

Running Foxes Petroleum Inc is the operator of Centurion and holds the remaining 50 percent.

The Centurion project is located in Sumner County, Kansas, and covers approximately 15,000 acres.

Development at Centurion has been relatively restrained due to Nighthawk's focus being directed at Jolly Ranch and the Waterflood projects.

Nighthawk managing director David Bramhill said: “We are pleased to have executed the sale of our interest in Centurion, a non-core project. As the evaluation and development of Jolly Ranch and the Waterflood projects continue, we are confident that these core projects will enable the company to achieve the internal goals that have been set in terms of reserves and production potential.”

“Independent reviews in respect of Jolly Ranch and the Waterflood projects are ongoing and will be completed during Q3 2009,” he added.

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