Company Overview Nighthawk Energy is a UK listed (AIM), traded under the symbol HAWK.L Market Capitalization: 96 million / 161 million 10 pence 52 Week Range: 7.0 pence 14.5 pence Shares Issued: 959.4 million Average Daily Volume:…
Investment Highlights Acreage Management DJ Basin stacked pay Strong management producer with team with proven c210,000 net engineers and mineral acres geologists Success Liquidity Recent discoveries Financial and rapidly…
Company Strategy Prove Full Scale Development Production Commerciality Potential/ and Value Monetization Event Timeline: 2014 Timeline: 2015+ Establish sustainable and material levels of 2,000+ bopd exceeded Efficiently Grow…
Why HAWK is Exploring Eastern Colorado HAWKs Attractive Cost Structure Vertical wells US2.0m completed HAWK Wells have Low Decline Rates Good IP rates with low decline and low water production (conventional) High Margin:…
Active Explorers in Eastern Colorado Core Stacked Formation Play Approx. 3 million gross acres Major players by Acreage* Pioneer 20% Anadarko 10% Devon 10% South-Western 10% Nighthawk 10% Cascade 10% Pine Ridge 5% NexGen…
Stage 1 Production Production Establish sustainable and material levels of production: 2,000+ bopd 8
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 Production 2,000+ bopd Revenues…
Current Developments Arikaree Creek 9 producing wells 1 SWD complete Further development 2D and 3D Seismic John Craig 4 producing wells 1 SWD complete Snow King Further development 1 producing well Planned development 3D…
Stacked Pay: Eastern DJ Basin Colorado Nighthawk Discoveries +Stacked Pay in Penn and Miss +Potential Horizontal Development Pennsylvanian Aged Formations + John Craig Production: Lansing, Kansas City Fm. Marmaton Cherokee…
Arikaree Creek Field Development Telluride 13-2 Big Sky 4-11 Arikaree Creek Field drilling Big Sky 5-11 program focused on the Taos 1-10 Mississippian formations Big Sky 12-11 Arikaree Creek model is basis Steamboat Hansen…
Arikaree Creek Decline Curve Steamboat 8-10 Well: Mississippian-aged Discovery First Mississippian discovery well in eastern DJ Basin 13
Other Current Field Developments Snow King Development Snow King 13-33 was the Mississippian-age discovery well Proved Arikaree Creek geologic model was replicable Well Status First Production Snow King 13-33 Producing April…
Low Decline Rates Yield Production Growth 15
Prove Commerciality and Value Successful Vertical Well Drilling Programs Arikaree Creek oil-field discovery and development Snow King discovery and planned development Production increased from 30 bopd to 2,000+ bopd New…
Illustrative Financials Modelled pro forma on a production rate of 2,000 bbls/day and realised price of 91.00/bbl. For illustrative purposes only; this is not a forecast US million Comment Monthly Revenue 4.5 Average Net Revenue…
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 Acreage Management DJ Basin stacked pay Strong management producer with team with proven c210,000 net engineers and mineral acres geologists Success Liquidity Recent discoveries Financial and rapidly…
Loading...
