Company Overview Nighthawk Energy is a UK listed (AIM), traded under the symbol HAWK.L Market Capitalization (7/31/13): 87.5 million 52 Week Range: 2.30 pence 7.85 pence Shares Issued: 942.2 million Average Daily Volume: 3.3…
Investment Highlights DJ Basin stacked pay Strong management producer with 300,000 team with proven gross acres. engineers and geologists. Recent discoveries Financial and rapidly increasing liquidity position production and…
Company Strategy Prove Full Scale Development Production Commerciality Potential/ and Value Monetization Event Timeline: 2012 Timeline: 2013 Timeline: 2014+ Establish sustainable and Increase acreage values Efficiently Grow…
Company Timeline January 2012: acquired Nov 2012: Steamboat Hansen well 31 July 2013: acquisition of 25% WI operatorship and additional 25% discovers Arikaree Creek oil field, from RFP. Project now 100% WI from RFP IPs at 250 bopd…
Why Explore Eastern Colorado Core Stacked Formation Play Approx. 3.5 million acres. Major players by Acreage* Pioneer 20% Anadarko 10% Devon 10% South-Western 10% Nighthawk 10% Cascade 10% Pine Ridge 5% NexGen 5%…
Why Explore Eastern Colorado Attractive Cost Structure: Days to Drill a Well are Down to 7 Vertical wells US1.5m completed Days Low Decline Rates Good low-cost infrastructure Good IP rates with no decline and minimal water…
Stage 1: Production Production Establish sustainable and material levels of production 9
2013 Arikaree Creek: Location Map 2013 Arikaree Creek Field drilling program focused on the Mississippian formations Five wells currently producing steady cash Flow Continue de-risking acreage within the large development area…
2013 Arikaree Creek: Field Development Well Status First Production Current Production Bbls/day Steamboat Hansen 8-10 Producing Nov 2012 400 Big Sky 4-11 Producing May 2013 400 Taos 1-10 Producing June 2013 500 Silverton 16-10…
Stage 2: Prove Commerciality and Value Where We Are Today Prove Commerciality and Value Increase acreage values with material production from multiple horizons and widely dispersed wells Thorough and robust geo-science…
Prove Commerciality and Value Successful 2012 Vertical Well Drilling Program Arikaree Creek oil-field discovery Production increased ten fold New geo-science approach What We Proved Nighthawk credentials as operator successfully…
2012 Drilling Program Steamboat Hansen 8-10 Smoky Hill Project Whistler 6-22 -Mississippian -Lansing/Kansas -Marmaton John Craig 6-2 Jolly Ranch Project Marmaton Cherokee Knoss 6-21 Pikes Peak Williams 4-30 15
2013 Development Plan Phase 1 Q2/Q3 2013 - Increase Production Beyond 1,000 bbld/day Arikaree Creek development 4 wells drilled Production increased beyond initial 1,000 bbls/day target New CPR/reserve report Phase 2 Q4…
Illustrative Financials Current Balance Sheet US million Comment Cash 2.3 As of Year-end 2012 Existing Debt 22.8 5 million at 15%+profit share on 2 wells 5.8 million convertible at 9% 12 million unsecured at 9% Modelled pro…
Stage 3: Full Scale Development Potential Full Scale Development Potential/ Monetization Event Current Operating Strategy Supports the Potential for Full Scale Development to Grow Production and Reserves and Provide a…
Investment Highlights DJ Basin stacked pay Strong management producer with 300,000 team with experienced gross acres. engineers and geologists. Recent discoveries rapidly increasing Financial and liquidity position…
Appendix Slides Needs Work Appendix Slides
Paleozoic Rocks of Eastern Colorado - Stratigraphic Cross Section Las Animas Arch Nighthawk Acreage Trend Northwest Southeast D Axis E Blaine Lyons Stone Corral mp Wolfca ee Shawn ing/ Lans as City an s K on…
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