Disclaimer This presenta,on, and any supplemental informa,on (wrien or oral) or other documents provided in connec,on therewith (collec,vely, the materials), are provided solely for the informa,on of those being presented to and…
Company Overview v Nighthawk Energy is a UK listed (AIM), traded under the symbol HAWK.L v Market Capitaliza,on (3 Jan 14): 109 million / 179 million 11.5 pence v 52 Week Range: 3.0 pence 12.2 pence v Shares Issued: 949.5…
Investment Highlights DJ Basin stacked pay Strong management producer with team with proven c250,000 net mineral engineers and acres. geologists. Recent discoveries Financial and rapidly increasing liquidity posi,on…
Company Strategy Prove Full Scale Development Produc.on Commerciality Poten.al/ and Value Mone.za.on Event Timeline: 2012 Timeline: 2013 Timeline: 2014+ Establish sustainable and Increase acreage values Eciently Grow…
Company Timeline January 2012: acquired operatorship Nov 2012: Steamboat Hansen well 31 July 2013: acquisi,on of and addi,onal 25% WI from RFP; December 2013: oil discovers Arikaree Creek oil eld, IPs at 25% WI from RFP. Project…
Why Explore Eastern Colorado Core Stacked Forma.on Play Approx. 3.5 million gross acres. Major players by Acreage* Pioneer 20% Anadarko 10% Devon 10% South-Western 10% Nighthawk 10% Cascade 10% Pine Ridge 5%…
Why Explore Eastern Colorado v Arac,ve Cost Structure: v Oil Produc,on Stream v Ver,cal wells US1.5m completed v Mul,-Stacked Pay Zones v Low Decline Rates v Good low-cost infrastructure v Good IP rates with low decline…
Stage 1: Produc,on Produc.on Establish sustainable and material levels of produc,on 9
Arikaree Creek: Loca,on Map Telluride 13-2 Big Sky 4-11 v Arikaree Creek Field drilling program focused on the Taos 1-10 Mississippian forma,ons v Six wells currently producing Steamboat Hansen 8-10 Big Sky 12-11 steady…
Arikaree Creek: Field Development Well Status First Produc.on Current Produc.on Bbls/day Steamboat Hansen 8-10 Producing Nov 2012 330 Big Sky 4-11 Producing May 2013 310 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 produc,on from mul,ple horizons and widely dispersed wells Thorough and robust…
Prove Commerciality and Value v Successful Ver,cal Well Drilling Programs v Arikaree Creek oil-eld discovery and development v Produc,on increased from 30 bopd to 1,750 bopd v New geo-science approach v What We Proved v…
Drilling Programs Taos 1-10, Big Sky 4-11/14-11/12-11, Telluride 13-2, Silverton 16-10 & Snowbird 9-15 Steamboat Hansen 8-10 & Whistler 6-22 John Craig 1-2 John Craig 6-2 Knoss 6-21 Pikes Peak…
Illustra,ve Financials Modelled pro forma on a produc,on rate of 1,750 bbls/day and realised price of 87.50/bbl. For illustra,ve purposes only; this is not a forecast. US million Comment Monthly Revenue 3.8 Average Net Revenue…
Stage 3: Full Scale Development Poten,al Full Scale Development Poten.al/ Mone.za.on Event Current Opera,ng Strategy Supports the Poten,al for Full Scale Development to Grow Produc,on and Reserves and Provide a…
Investment Highlights DJ Basin stacked pay Strong management producer with team with experienced c250,000 net mineral engineers and acres. geologists. Recent discoveries rapidly increasing Financial and liquidity…