Nighthawk Energy Regulatory News (HAWK)

18 August 2015

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Completion of Financing

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces the successful closure of the £6.4 million (approximately US$10.0 million) fundraise by way of an underwritten issue of zero coupon unsecured convertible loan notes ("Convertible Loan Notes") previously announced on 31 July 2015.

As previously announced, the issue of Convertible Loan Notes was underwritten and partially subscribed by Mr Johan Claesson, a director of the Company and the Company's major shareholder. Following closure of the underwriting period on 14 August 2015, Mr Claesson holds a total of £4,339,200 nominal (approximately US$6,780,000) of the Convertible Loan Notes.

The principal terms of the Convertible Loan Notes are summarised in the Company's announcement of 31 July 2015. The notes are convertible at any time at 3p per ordinary share.

As a result of this transaction, Mr Claesson's interest in the Company's ordinary shares remains unchanged at 159,365,297 ordinary shares representing approximately 16.5 per cent. of the Company's issued ordinary share capital.

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