Nighthawk Energy Regulatory News (HAWK)

3 August 2016

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Water Flood Pilot Project Update

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces the Company's latest Water Flood Pilot Project ("Pilot Project") update.

Pilot Project Update

Nighthawk announces that it has signed an agreement with SNF FLOQUIP ("SNF") to engineer, manufacture, deliver, and install all of the water storage and polymer equipment necessary to implement the Pilot Project. The agreement calls for a monthly rental payment of $17,665, with an 84-month term. At the end of the term, the Company has the option to purchase the equipment for approximately $74,000.

The Company has submitted the application for the Unit underground injection control permits for the water injection wells to the Colorado Oil and Gas Conservation Commission. Regulatory approval is expected to be received by late September 2016.

Chuck Wilson, COO commented, "This arrangement with SNF, which is a major international manufacturer of this specialised equipment, is a major initial step of our implementation of the Arikaree Creek Water Flood Pilot Project."

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