Nighthawk Energy, is an independent exploration and production company that operates in the Eastern Colorado plains. The Company’s two primary projects, Smoky Hill and Jolly Ranch, comprise more than 300,000 gross acres in the predominantly oil and liquids-rich window of the play and lie within the southeast flank of the Denver – Julesburg Basin, a major mid-continent hydrocarbon producing basin. Nighthawk is focused primarily on organic drilling activity that provides the company with the opportunity for repeatable success and meaningful production growth. Nighthawk holds a 100% working interest in and is operator of these projects.
In late 2012, Nighthawk drilled five new wells across its acreage and made a significant oil discovery with the Steamboat Hansen 8-10 well, marking a significant Mississippian discovery in the Company’s Smoky Hill project. Successful completion of this well, marked a significant achievement as it helped to de-risk the potential for future development of the Mississippian as well as the Cherokee formation on Jolly Ranch. The area around the Steamboat Hansen 8-10 well is undergoing further development and is known as the Arikaree Creek Oil Field.