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Nighthawk output remains strong

By BFN News | 04:07 PM | Tuesday 28 June, 2016


Nighthawk Energy's production continues to remain strong which, it says, is due to continued enhanced recovery projects implemented in the field and better than expected recoveries due to a natural water drive in the Arikaree Creek field. Gros output totalled 40,358 barrels in May compared with 40,704 in April and 59,406 a year ago. Net output was 33,093 barrels in May compared with 33,374 in April and 48,710 a year ago. Net production is based upon Nighthawk's net revenue interest of approximately 82% At 4:07pm: (LON:HAWK) Nighthawk Energy PLC share price was +0.1p at 0.85p Story provided by StockMarketWire.com

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