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1 Oct 2009 07:00
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Nighthawk Energy plc
Jolly RanchΒ CraigΒ 15-32-L Lateral Well
The directors of Nighthawk Energy plc ("Nighthawk") (AIM: HAWK), the US focused hydrocarbon production and development company, are pleased toΒ announce that the Craig 15-32-LΒ well,Β the first lateral well to be drilledΒ at theΒ Jolly Ranch GroupΒ project,Β has reached Total Depth of 8,554Β feet of which 2,006 feet was the horizontal legΒ through the Cherokee formation. The well is currently being cased and the horizontal leg will be fracced ahead of production.
TheΒ Jolly Ranch project isΒ located inΒ Lincoln, Elbert andΒ Washington Counties,Β Colorado. Nighthawk holds a 50 per cent. working interest in the project and the operator, Running Foxes Petroleum Inc. holds the remaining interest.
Tim Heeley B.Eng (Hons) a member of the Society of Petroleum Engineers, Fellow of the Geological Society of London and Chartered Energy Engineer, who isΒ Commercial Director of Nighthawk and has over 12 years of experience in the hydrocarbons industry has approved the technical information contained in this announcement.
Enquiries:
|
Nighthawk Energy plc David Bramhill, Managing Director Tim Heeley, Commercial Director |
01271Β 882160 020Β 7887 1454 07956Β 525433 |
|
Hanson WesthouseΒ Limited Tim Feather Matthew Johnson |
020 7601 6100 tim.feather@hansonwesthouse.com matthew.johnson@hansonwesthouse.com |
|
BishopsgateΒ CommunicationsΒ Limited Nick Rome |
020 7562 3395 nick@bishopsgatecommunications.com |
|
Financial DynamicsΒ Ben Brewerton Ed Westropp |
020Β 7831 3113 ben.brewerton@fd.com edward.westropp@fd.com |
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