Grant of Options

2 Nov 2007 07:00

Nighthawk Energy plc02 November 2007 Nighthawk Energy plc Grant of Options Nighthawk Energy plc ("Nighthawk" or "the Company") (AIM: HAWK) announces thaton 1 November 2007 the Company granted options to subscribe for 1,250,000ordinary shares of 0.25p each to Steven Tedesco. The options are exerciseableat a price of 53p, being the closing mid-market price on 1 November 2007, at anytime until 2 November 2012. Steven Tedesco is the CEO of Running Foxes Petroleum Inc. ("Running Foxes"), theoperator of all of the projects in which Nighthawk is interested. The optionshave been granted to reflect the level of his ongoing contribution in respect oftime and technical expertise to Nighthawk's development, over and above RunningFoxes' obligations as operator of the Company's projects. Enquiries: Nighthawk Energy plc 01271 882160David Bramhill, Managing Director office@nighthawkenergy.net www.nighthawkenergy.net Hanson Westhouse Limited 0113 246 2610Tim Feather tim.feather@hansonwesthouse.comMatthew Johnson matthew.johnson@hansonwesthouse.com Bishopsgate Communications Limited 020 7562 3350Dominic Barretto dominic@bishopsgatecommunications.com This information is provided by RNS The company news service from the London Stock Exchange