Nighthawk Energy is an AIM listed oil company focused on developing a shale oil project in Colorado, United States.
To deliver shareholder value by proving up and derisking the petroluem projects.
Nighthawk is a small, dynamic company that is able to react quickly to market changes and trends.
Nighthawk has recently undertaken a strategic review to ensure that the projects it is involved with are able to deliver shareholder value. Projects were reiewed on a spend/revenue return basis.
Nighthawk are adopting an environmentally aware approach to its business and Annual Reports can be downloaded from its website. Shareholders have to opt in to receive annual reports.
Ben Brewerton/Edward Westropp
Financial Dynamics
Holborn Gate,
26 Southampton Buildings
London WC2A 1PB
England
+44 (0)20 7831 3113
www.fd.com
Ben Brewerton/Edward Westropp
Financial Dynamics
Holborn Gate,
26 Southampton Buildings
London WC2A 1PB
England
+44 (0)20 7831 3113
www.fd.com
LSE AIM and OTCQX (ADR's)
March 2007
HAWK
In excess of 85%
Predominantly retail but a growing institutional focus representing around 10%
Dividends are the way the company makes distributions from the company’s profits to shareholders. Nighthawk's current growth structure is such that investing cashflow is greater than generated operational cash flow and as such any free cash is invested back into the assets. Once the development of the portfolio is such that free cash flow is available Nighthawk will develop a dividend policy in keeping with the growth strategy at that time.