Production update

NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

Company Update

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update to production levels.

Production Update

Gross and net* oil production (unaudited), in barrels, for the first three months of 2017 is summarised below.

*Net production is based upon Nighthawk's Net Revenue Interest of approximately 82% save for the Monarch 10-15 well where HAWK has a 16% working interest.

The net production previously disclosed for January 2017 has been adjusted from 35,544 barrels to 30,543 barrels, reflecting the terms of the settlement agreement with Cascade Petroleum LLC (including the Monarch 10-15 well) and sales adjustments. During February 2017, certain wells were not in production as they were being worked over, both as part of routine maintenance and in conjunction with the Arikaree Creek water flood pilot project. These wells have returned to production during March 2017, as reflected in the net daily average production rates

The Company currently expects augmented volumes from its Pilot water flood project to be realized in Q2 of 2017.

 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.