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Nighthawk Energy provides an update on Colorado operation


Published Oct 9, 2013
Nighthawk Energy provides Cisco Springs update

Nighthawk, the US focused oil development and production company, announces an update on production at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado.

Highlights

◾ Average gross oil production in September 2013 of 1,408 barrels per day ("bbls/day") ◾ Average gross oil production in third quarter 2013 of 1,528 bbls/day, a 142% uplift on the second quarter 2013 ◾ Five wells now in production at Arikaree Creek oil-field ◾ Third quarter 2013 net revenue exceeds US$10 million

Production

Average gross oil production in the third quarter of 2013 was 1,528 bbls/day compared to an average of 631 bbls/day in the second quarter. The increase was driven by the successful drilling program at Arikaree Creek with a full quarter of production from the Big Sky 4-11 and Taos 1-10 wells and a first contribution from the Silverton 16-10 and Snowbird 9-15 wells which came on-stream in July 2013.

Tags: Nighthawk Energy plc




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