Nighthawk Energy announced on 31 March 2014 that Stephen Gutteridge had informed the Company of his intention to step down from his position as Executive Chairman.

The Company is pleased to announce that Richard (Rick) W. McCullough has been appointed as Executive Chairman, effective from 1 October 2014. Rick will be based in Denver, USA.

Rick has over 30 years' experience in the US energy and oil and gas industries with over 20 years at the executive level. He served with PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from 2008 until 2011, where he led a strategic turnaround resulting in an almost four-fold increase in share price. In 2011, he was named as CEO of the year for US mid-cap companies by Investor Relations Magazine. PDC Energy is a NASDAQ listed, independent oil and gas company operating in Colorado and the Marcellus Shale in West Virginia, with a current market capitalization of US$1.9 billion.

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