Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/drilling/nighthawk-energy-provides-operations-highlights.shtmlNighthawk Energy provides operations highlights
Nighthawk says that at its Annual General Meeting being held this morning at 9.30 a.m., Rick McCullough, Chairman of Nighthawk, will give a short presentation
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Nighthawk says that at its Annual General Meeting being held this morning at 9.30 a.m., Rick McCullough, Chairman of Nighthawk, will give a short presentation providing an update on the Company's operations as well as providing a discussion around the market outlook for U.S. onshore oil and gas production and demand.
Operations Update Highlights
The principal highlights from the presentation are as follows: •Monarch and El Dorado Joint Development Agreements ◦We initially saw six to seven potential pop-up features on structure in Monarch based on regional 2D seismic ◦Early 3D seismic results indicate as many as nine such features with potentially 40-50 Spergen drilling targets ◦At least one structure appears from initial 3D interpretation to have potential to be similar in nature and size to the Arikaree Creek field ◦3D seismic is being fully interpreted and should be ready to pick initial drilling locations in July 2015, with drilling anticipated to begin in September 2015
