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Nighthawk IDs Results from Marmaton, Atoka Wells; Plans New EOR Project

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Nighthawk IDs Results from Marmaton, Atoka Wells; Plans New EOR Project

Nighthawk has reported details of its recent drilling results and planned water flood project.

Key Points: The Company has made a filing seeking approval of its planned Arikaree Water Flood Project with the Colorado Oil and Gas Conservation Commission Monarch 10-15 and Crested Butte 2-14 well results Drilling Updates

As previously announced in August, Nighthawk has initiated a 5 well drilling program for late 2015. Drilling commenced with the Crested Butte 2-14 well located in the very eastern side of the Arikaree Creek field. The well was spudded on September 10 and was drilled to a total depth of 8,360 feet and within budget. Based on the Company's 3D seismic interpretation of the location, it was initially thought to be west of the eastern bounding fault. Instead, we drilled east of…

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