16th Oct 2013 10:25
LONDON (Alliance News) - Nighthawk Energy PLC Wednesday said it began drilling its Big Sky 12-11 Well At Arikaree Creek In Colorado on Tuesday.
The US-focused oil development and production company said the drilling test is the first part of a programme scheduled to run into early 2014 with both development and exploration wells.
The company said that the wells have the objective of both increasing production and gathering information about the site and that subject to results from the drilling, the company anticipates drilling two further Arikaree Creek development wells in November or December.
Nighthawk Energy shares were trading flat at 10.75 pence Wednesday.
By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1
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