Nighthawk, the US focused oil development and production company, announces an update on drilling and production at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado.
Production
Average gross oil production in May 2014 was 2,141 bbls/day. At current oil prices, net monthly revenue to Nighthawk in May 2014 will exceed US$5 million for the first time.
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Nighthawk Energy plc
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