LONDON (Alliance News) - US-focused oil and gas company Nighthawk Energy PLC on Wednesday said it has secured an extension on its renegotiation of its reserve-based loan facility.
The company said the initial waiver had been due to run to December 22, but this has been extended again to the end of December.
Nighthawk is continuing to work with lender the Commonwealth Bank of Australia on renegotiating the facility.
Shares in Nighthawk were down 14% to 0.9502 pence on Wednesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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