Drilling and Production Update

14 February 2014

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Drilling and Production Update

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update on drilling and production at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado.

Highlights

· Big Sky 13-11 well commenced production on 13 February 2014

· Average gross oil production in month of January 2014 of 1,701 barrels per day ("bbls/day"), a new monthly production record

· Completion and evaluation work currently underway at Telluride 13-2 and Big Sky 14-11 wells

· Drilling of Big Sky 5-11 well at Arikaree Creek in final stages

· Drilling program to continue in March 2014 with the Snowking 13-33 well some three miles south-west of Arikaree Creek

Production

The Big Sky 13-11 well spudded on 17 January 2014, drilling was completed by 25 January 2014, and the well commenced production on 13 February 2014. An update on production levels will be released once the well has settled down.

Aggregate gross oil production for January 2014 was 52,737 barrels (December 2013, 48,251 barrels) an average of 1,701 bbls/day, a new monthly production record (December 2013, 1,556 bbls/day). Production in January was adversely impacted by planned treatment to the productive zone in the John Craig 1-2 well and some minor weather related problems. The John Craig 1-2 well is currently in production but it is anticipated that the well will require further treatment during this quarter.

Completion of the Big Sky 13-11 well was moved ahead of the Telluride 13-2 well due to the interpretation of the logs and the potential for better production rates. The Telluride 13-2 is in the early stages of the completion process and the Big Sky 14-11 well has been completed in the initial zone of interest with evaluation of this zone currently underway.

Drilling

Nighthawk's drilling campaign continues in the Arikaree Creek oilfield. The Big Sky 5-11 well is in the final stages of drilling and a substantial core has been taken. The well will be logged and cased ready for completion. In March 2014 the drilling rig will be moved to the Snowking 13-33 location, some three miles south-west of Arikaree Creek and, subject to permitting, Nighthawk expects to spud this well around mid-March 2014.

Chuck Wilson, Chief Operating Officer of Nighthawk, who has over 33 years of experience in the oil and gas industry and meets the criteria of qualified persons under the AIM guidance note for mining and oil and gas companies, has reviewed and approved the technical information contained in this announcement.

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