Capital Reduction Effective

21 November 2013

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Capital Reduction Effective

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that, on 20 November 2013 the High Court issued an order confirming the reduction of the Company's share capital (the "Capital Reduction"). The Company has given certain undertakings to the Court in relation to the reserve arising on the Capital Reduction for the protection of the Company's creditors. Following registration of the Court order with Companies House, the Capital Reduction became effective on 20 November 2013.

The proposed Capital Reduction was announced on 2 October 2013 and set out in the Notice of General Meeting annexed to the circular of the Company posted to shareholders on the same date.

Although not required for the Capital Reduction to be confirmed by the Court, the Company has to date received consent to the Capital Reduction from approximately 98.6 per cent. of its main creditors (as described in the circular referred to above) by value.

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