Nighthawk Energy provides an update on production at its 100% owned and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado.

Production

Average gross production levels in July 2013 increased to 1,512 bbls/day, with both the Silverton 16-10 and Snowbird 9-15 wells brought on-stream during the month. The Snowbird 9-15 well commenced production on 19 July, initially producing into temporary storage facilities. July production from the well since start-up averaged 151 bbls/day and is expected to increase once the permanent production facilities are completed early in August and pump stroke rates are increased.

After initial production in early July 2013, the Silverton 16-10 well was temporarily off-line for tubing repairs and adjustments. The well recommenced production on 23 July, averaging 154 bbls/day over the last 9 days of the month. As with the Snowbird 9-15 well, pumping rates are currently being held at lower levels whilst the well settles down and the Company plans to increase the stroke rate over the next few weeks.

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