25 Jan 2018 07:00
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 9th 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).