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EnerCom’s The Oil & Services Conference™13 February 2015
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EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Page 1: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

EnerCom’s The Oil & Services Conference™13 February 2015

Page 2: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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The Disclaimer & Forward-Looking Statements

This presentation, and any supplemental information (written or oral) or other documents provided in connection therewith (collectively, the “materials”), are provided solely for the information of those being presented to and may not be distributed, published, reproduced or otherwise disseminated without the express written consent of the Company. This presentation is incomplete without reference to, and should be considered in conjunction with, any supplemental information provided by and discussions with the Company in connection therewith. Any defined terms used herein shall have the meanings set forth herein, even if such defined terms have been given different meanings elsewhere.

These materials are for discussion purposes only and may not be relied upon by any person or entity for any purpose except as expressly permitted by the Company. The materials were prepared specifically for this presentation and were not prepared with a view to public disclosure or to conform with any disclosure standards under any state, federal or international securities laws or other laws, rules or regulations and the Company takes no responsibility for any further use of these materials.

The materials are based on the financial, economic and market conditions as in effect when the materials were prepared. Although subsequent developments may affect the contents of the materials, the Company has not undertaken, and is under no obligation, to update, revise or reaffirm the materials. The materials do not constitute an opinion of the Company or any representative of the Company on whether to buy or sell securities or assets of any company. The materials do not constitute an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by prospectus or other offering materials.

2

UK Head Office: 3000 Cathedral Hill | Guildford | Surrey GU2 7YB | Main number: +44 (0) 20 3582 1350 Richard Swindells, Chief Financial Officer & Company Secretary US Office: 1805 Shea Center Drive, Suite 290 | Highlands Ranch, CO 80129 | Main number: +1 303 407 9600 Richard McCullough, Chairman and Chief Executive Officer Website: www.nighthawkenergy.com

Page 3: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Appendix Slides

Needs Work The Company

Page 4: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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The Overview

Early stage public company, U.S. operator in Colorado’s prolific Denver-Julesburg Basin

100% WI in more than 200,000 net acres

Multi-zone opportunities;

13 Arikaree wells have produced about 1,000,000 barrels in the first two years

Extensive inventory of drill ready locations and up hole completions

Recently completed two new JVs that add substantially to drilling upside

First-mover advantage in focused area of operations

Proven geologic exploration concept

Company now moving into developmental drilling mode

Company trades as HAWK on UK AIM and NHEGF on US OTCQX

Enterprise value: US$143 million** on February 13, 2015

Shares Issued: 963.1 million; average daily volume: 1.5 million shares

4

* Company risked estimate prepared to SPE standard **Using 1.54:1 US$/GBP conversion

Page 5: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Nighthawk Team

Rick McCullough, Chairman - Rick has over 30 years of energy experience with 18 years serving as CFO, President and CEO/Chairman of public and private companies. He served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from 2008 until 2011, where he led a strategic turnaround resulting in an almost four-fold increase in share price. In 2011 , he was named CEO of the year for US mid-cap companies by Investor Relations Magazine.

Chuck Wilson, Chief Operating Officer - Chuck has over 30 years of oil & gas experience and has held senior positions in drilling, completions and production operations including horizontal drilling in the Bakken. Previously Chuck was Onshore Drilling Manager for Denver-based Forest Oil, a NYSE-listed E&P company.

Richard Swindells, Chief Financial Officer - Richard joined Nighthawk in 2011 and has previously spent 15 years as an investment banker in London most recently with Ambrian Partners as head of Oil & Gas Corporate Finance and Director of Corporate Finance at Panmure Gordon.

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Page 6: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Nighthawk Team

Michael Thomsen, Vice President of Geology - Mike has over 35 years experience in the natural resources industry and is the founding officer of Nighthawk Production LLC. Previously he was Chief Geologist for Freeport-McMoRan Inc. and Director of International Exploration for Newmont Mining Co. He was also the former chairman of Oil Quest Resources PLC.

Harold Mayland, Operations Manager - Harold has over 40 years experience in oilfield operations and completions with companies such as Shell Oil and Baker Oil Tools. He formed a downhole completion technology company that eventually became Weatherford Completions.

Anders Elgerd, Exploration Manager - Anders has more than 30 years experience as a geologist and geophysicist working in most of the major basins in the US in addition to working in a number of international locations. He graduated with honors in Geology from the University of Florida.

David Faulder, Reservoir Engineering Manager - Dave has over 30 years experience as a reservoir engineer working with companies such as Chevron and Bill Barrett. David holds MS and PhD degrees from the Colorado School of Mines.

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Page 7: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Appendix Slides

Needs Work The Strength of the Story

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The Business Strategy of Nighthawk Energy

Large operated land position with attractive geologic and hydrocarbon production characteristics

Use best in class drilling and completion technologies to produce wells at optimum rates; Balance exploration with developmental drilling

Use geologic 3D model, downhole logs, coring and directional tools to increase drill bit success rate and shorten “proof of concept” time period

Invest wisely to grow production and reserve base; expand the footprint on the trend; consider use of partners to accelerate

Optimize shareholder returns by increasing EBITDA , maintaining low-cost structure, utilizing hedging programs, and actively managing the balance sheet

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Page 9: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Why Nighthawk is Focused on D-J Basin

Attractive entry point for assimilating large acreage position

Low cost of entry; High NRI of 80-85%

All rights to all depths provides large resource potential

High-quality assets

Multiple stacked pay targets with vertical and horizontal potential

Stacked pay reduces dry hole costs and provides behind pipe completion projects with very high capital efficiency rates

Low initial decline rates and low water production enhances IRR

Attractive cost structure: vertical wells cost US$ 1.7 Million

Rapid per-well payback

Most projects remain economic today

25% breakeven IRR at prices in US$40-50 barrel (WTI Index)

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Page 10: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Nighthawk Energy’s Capital Program Strategy

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Capital Efficient Projects - Inventory of low-cost, high-return projects - Plan to complete 25 behind pipe projects in 2015

Pipeline of High-Impact Wells - Vertical wells, low-cost D&C - 3D seismic key to locations

Multi-Stacked Pay Zones - Mississippian Wells - Pennsylvanian Wells - Low initial declines

Page 11: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Appendix Slides

Needs Work The Assets

Page 12: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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World-Class Operators: Eastern Colorado’s D-J Basin

Core Stacked Formation Play Approx. 3 million gross acres Major players by Acreage* Pioneer 20% Cascade 15% Nighthawk 10% Anadarko 10% Devon 10% Southwestern 10% Pine Ridge 5% NexGen 5% Wiepking 5%

*Company’s internal estimates 12

Page 13: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Arikaree Creek Field Development

Steamboat 8-10First prod 11-28-2013IP30 227 stb/dCum 188.7 MstbEUR 294.7 Mstb

Big Sky 4-11First prod 5-24-2013IP30 374 stb/dCum 144.1 MstbEUR 213.1 MstbTaos 1-10

First prod 6-16-2013IP30 527 stb/dCum 229.5 MstbEUR 846.5 Mstb

Silverton 16-10First prod 7-9-2013IP30 144 stb/dCum 41.2 MstbEUR 73.2 Mstb

Snowbird 9-15First prod 7-17-2013IP30 132 stb/dCum 49.7 MstbEUR 133.7 Mstb

Big Sky 12-11First prod 11-15-2013IP30 249 stb/dCum 46.8 MstbEUR 134.8 Mstb

Big Sky 5-11First prod 3-2-2014IP30 277 stb/dCum 36.7 MstbEUR 115.7 Mstb

Big Sky 13-11First prod 2-13-2014IP30 116 stb/dCum 25.0 MstbEUR 173.0 Mstb

Big Sky 14-11First prod 5-19-2014IP30 56 stb/dCum 6.0 MstbEUR 32.0 Mstb

Blackcomb 5-14First prod 10-5-2014IP30 371 stb/dCum 0 MstbEUR 85.0 Mstb

Blackcomb 12-14First prod 9-1-2014IP30 148 stb/dCum 4.4 MstbEUR 15.4 Mstb

Snowbird 16-15First prod 11-8-2014IP6 468 stb/dCum 0 MstbEUR 170.0 Mstb Blackcomb 3-14

IP30 250 stb/d Cum 0 Mstb EUR 200.0 Mstb 13

*

*

Page 14: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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1.8 1.4 1.6 1.4 1.6

1.9 2.0

2.6

1.5

1.9 2.1

2.4

1.5

2.6

1.7

2.6

1.9

3.3

2.7

2.1 1.9

1.2

2.6

1.7

0.9

1.6 1.5 1.5 1.5 1.5 1.5 1.6 1.5 1.4 1.7 1.5 1.7 1.5 1.5

1.0

1.4 1.7

2.6

1.8 1.8 1.8 2.0

1.8 2.0

1.0

0.0

1.0

2.0

3.0

$4.0

$ MM Actual Budget Actual Average Budget Average

Successful 87%

Successful 50%

Unsuccessful 50%

ARIKAREE CREEK DEVELOPMENT

EXPLORATION

Successful/Total Wells 5/10 13/15

$1.6

$2.0

Past Drilling Success ($ in millions unless otherwise noted)

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AFE vs. Actual Cost

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Arikaree Creek field discovered in November 2012 with Steamboat Hansen 8-10 discovery well

13 producers, 2 shut-in wells

Current production of ~1,800 BOEPD gross (as of October 2014)

Net operating cash flow to date of ~$50 million

Capex spent to date of ~$26 million

Estimated PV-10 of future cash flows is ~$50 million at $50 per barrel

Up to $80 million at $75 per barrel.

Analysis based on PDP only with no further drilling assumed

Implies potential return of ~4x-5x on invested capital

.

Arikaree Creek Historical Field Analysis ($ in millions unless otherwise noted)

Overview Production

0

5

10

15

20

25

30

35

$40

0

5

10

15

20

25

30

35

$40

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Net Operating Cash Flow Free Cash Flow

0

500

1,000

1,500

2,000

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

BOEPD Actual Illustrative profile

Actual Illustrative profile

Free Cash Flow

13 producers; no additional wells or recompletions

13 producers; no additional wells or recompletions

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Page 16: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Geologic Concepts – Stacked Pay

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Page 17: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Arikaree Creek – Composite Type Curve

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Page 18: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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No other Mississippian Spergen producers of the Arikaree Creek type in southeastern Colorado; two years of production history

First year flat decline substantially helps ROR

Second year decline rate is 60%; expect terminal declines to be in 5-8% range; 15 year lives

Snow King wells are now being drilled/completed; assumption is they will produce similar to Arikaree Creek wells

Using regional data for Marmaton producers

Evolving Type Curves

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Page 19: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Targeting the St Louis Fm as seen in the Big Sky 5-11 core

Big Sky 14-11 vert ~50 bopd, 123 bwpd

Big Sky 6-11 pilot

Big Sky 6-11H

8045.7’ 8045.7’

Big Sky 5-11 - A Potential Horizontal Target

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Page 20: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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World-Class Operators: Eastern Colorado’s D-J Basin

Core Stacked Formation Play Approx. 3 million gross acres Major players by Acreage* Pioneer 20% Cascade 15% Nighthawk 10% Anadarko 10% Devon 10% Southwestern 10% Pine Ridge 5% NexGen 5% Wiepking 5%

*Company’s internal estimates 20

Page 21: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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The Structural Part of the Mississippian Play

Outline of structural trend play Nighthawk acreage in yellow

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Page 22: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Trend Area

S.K.

A.C.

G.P.

A.C. – Arikaree Creek S.K. – Snow King Area G.P. – Great Plains / Weipking Fullerton

MISSISSIPPIAN PRODUCING TREND

Northern Lincoln County Joint Ventures

3D Seismic Shoot (114 sq miles)

Nighthawk Operated JV

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Page 23: EnerCom’s The Oil & Services Conference™13 … served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from

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Key Elements of the JVs

Nighthawk Operated Joint Venture; Monarch JV

23,600 total net acres

4 well and 3D seismic commitment by Hawk by 12/31/15

2 well commitment by Hawk by 6/30/16

50-50 JV basis after initial commitment

Multiple 2D leads and prospects previously identified

Covers the core area of the defined Mississippian structural trend

Structures may have similar geological attributes to its existing

Arikaree Creek field

Cascade Operated Joint Venture; El Dorado JV

40,400 total net acres

85-15 Cascade-Nighthawk JV basis

Covers potential parallel structures to the core area

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Appendix Slides

Needs Work 2015 Plans

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2015 Financial and Operational Plans

Company’s first plans and budget

Established 5 Corporate Targets; Measure results in 2015

Production, 2P Reserves, Liquidity, LOE/G&G/G&A Costs per barrel of

production, ROR on Invested Capital

Drill within cash flows in H2 2015 if mid year pricing improves; exit at peak

levels of production and cash flow positioning for possible ramp in 2016

Drill 7 new Nighthawk wells; drill 4 Monarch JV wells-$19 Million/$1.75

Million per well

Complete 25 behind pipe projects

Identified approximately $2.5 million in margin enhancements over 2014

levels.

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The Reasons to Invest in HAWK’s Growth

Developmental drilling with continuing exploration at high IRRs First-mover advantage: high-quality assets supports top-tier project metrics Experienced management team with large-scale development c.v.’s Increasing forward inventory of drilling opportunities

Mix of developmental and exploration Behind pipe Marmaton and Cherokee (Arikaree Creek and Salen) Vertical Spergen wells on structure (Arikaree Creek and Snow King) Vertical Marmaton and Cherokee (Arikaree Creek, Salen, Snow King) HZ on structure (Arikaree Creek, Snow King) Vertical or HZ off structure

Monarach JV will add numerous new drill locations and behind pipe potential

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

May

-13

Jul-

13

Sep

-13

No

v-1

3

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Mar

-15

May

-15

Jul-

15

Sep

-15

No

v-1

5

Proved Developed Producing Growth Potential

Growth Potential

Pp Net BOEPD

(1) Illustrations based on Company’s risked estimates of PDP and drilling and recompletion inventory 26

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Appendix Slides

Needs Work Appendix

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Eastern DJ Basin Geology

Morrowan

Atokan

Desmoinesian

Missourian

Virgilian

Meramecian

PALE

OZO

ICM

ESO

ZOIC

ERA SYSTEM SERIES FORMATION

St Louis SpergenWarsaw

Spergen

SimpsonSS

St. LouisM1

Stratigraphic Column- Eastern Colorado

Morrow

Keyes

GraniteWash

Mer

ame

cian

Steamboat Hansen 8-10 Discovery Well

Limestone

Tripolite

HydrothermalDolomite Pay

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Current Thinking Arikaree Creek

Penn Prospective Outline (54 potential locations)

Area of Pennsylvanian drape

Existing Wells 12 Miss, 2 Penn Awaiting recompletion Loc (Miss and Penn) Loc (Penn only) Salt water disposal

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Is Snow King another Arikaree Creek?

Existing Well (Snowking 13-33) Dry hole with oil shows Currently drilling (Keystone 3-7)

Penn Prospective Outline (68 potential locations)

Area of Pennsylvanian drape

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Interim Results 30 June 2014

31

Unaudited6months

Unaudited6months

Unaudited6months

AuditedYear

ended30 ended31 ended30

ended31

June2014 December2013 June2013

December2013

Revenue 25,417,770 20,432,696 5,721,514

26,154,210

Costofsales (8,109,558) (5,681,610) (2,055,867)

(7,737,477)

Grossprofit 17,308,212 14,751,086 3,665,647

18,416,733

Administrativeexpenses (3,202,170) (3,221,689) (2,338,101)

(5,559,790)

Normalisedoperatingprofitbeforeexceptionaladministrativeitems 14,106,042 11,529,397 1,327,546

12,856,943

Depreciation&amortisation 3,311,123 2,854,408 919,404

3,773,812

NormalisedEBITDAbeforeexceptionaladministrativeitems 17,417,165 14,383,805 2,246,950

16,630,755

Grossbarrelssold 342,384 274,866 83,428

358,294

Netbarrelssold 279,964 223,240 67,423

290,664

Dailyaveragebarrelssold(gross) 1,892 1,494 461

982

Averagesalespriceperbarrel $91.73 $92.70 $85.60

$91.05

NormalisedEBITDApergrossbarrelsold $50.87 $52.33 $26.93

$46.42

1. Normalisedoperatingprofitisoperatingprofitadjustedforexceptionaladministrativeitemsand,in

respectoftheperiodended31December2013,againonsteppedacquisition.2. Normalised EBITDA is operating profit adjusted for depreciation, amortisation, exceptional

administrativeitemsand,inrespectoftheperiodended31December2013,againonsteppedacquisition.

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Terminology

“AFE” – Authority for expenditure is a budgetary document, usually prepared by the operator, to list estimated expenses of drilling a well to a specified depth, casing point or geological objective, and then either completing or abandoning the well.

“Bbls” – barrels

“Behind pipe” - behind pipe opportunities, production or reserves refers to potentially producible zones that have been penetrated by a well bore but are separated from the well bore by casing (pipe) and cement and hence cannot be produced without recompleting the well in such behind pipe zones. Once completed and proved to be productive, behind pipe opportunities can increase production, cash flow and reserves.

“BOE” – Barrel of oil equivalent. A term used to summarize the amount of energy that is equivalent to the amount of energy found in a barrel of crude oil.

“BOEPD” – Barrels of oil equivalent per day

“Company” or “Nighthawk” Nighthawk Energy plc, a company incorporated and registered in England and Wales under the Companies Act 1985 with registered number 4000483

“D&C” – Drilling and Completion

“EBITDA” - Earnings before interest, tax, depreciation and amortization ,which generally equates to the revenues less operating costs of an entity.

“EUR” – Estimated ultimate recovery is the amount of oil and gas expected to be economically recovered from a reservoir or field by the end of its producing life.

“Group” the Company, its subsidiaries and its subsidiary undertakings

“IRR” – Internal rate of return

“MBOEPD” – Thousand barrels of oil equivalent per day

“MMBOE” - million barrels of oil equivalent

Continued…

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Terminology

“Mcf” – Thousand cubic feet

“NAV” – Net asset value

“Net revenue interest (NRI)” - Nighthawk's share of oil, gas, and associated hydrocarbons produced, saved, and marketed, after satisfaction of all royalties, overriding royalties, or other similar burdens on or measured by production of oil, gas, and associated hydrocarbons

“Net Present Value (NPV)” - The value today of a series of future cash flows adjusting those cash flows for the time value of money.

“Net Revenue Interest (NRI)” - A share of production after all burdens, such as royalty and overriding royalty, have been deducted from the working interest.

“PV” – Present value

“Possible reserves” are reserves that have a 10% chance of being greater than estimated and a 90% chance of being smaller

“Probable reserves” are reserves that have a 50% chance of being higher than estimated and a 50% chance of being lower

“Proved Developed Non-producing (PDNP) reserves” include shut-in and behind-pipe reserves

“Proved Developed Producing (PDP) reserves” are expected to be recovered from completion intervals (oil- and gas-producing sands or zones) that are open and producing at the time of the estimate

“Proved Undeveloped (PUD) reserves” are expected to be recovered from (1) new wells on undrilled acreage or (2) existing wells requiring major expenditure

“WI”- Working Interest is the percentage of ownership in an oil and gas lease granting its owner the right to explore, drill and produce oil and gas from a tract of property.

“West Texas Intermediate (WTI)” is a blend of crudes widely used as a price marker or benchmark for the international oil industry.

“3P Reserves” is the total of Proved Reserves, Probable Reserves and Possible Reserves

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Rick McCullough, Chairman Rick was appointed Chairman of Nighthawk on October 1, 2014 and has over 30 years’ experience in the US energy and oil and gas industries. He served with NASDAQ-listed PDC Energy Inc. as Chief Financial Officer from 2006 to 2008 and as Chief Executive and then Chairman from 2008 until 2011, where he led a strategic turnaround resulting in an almost four-fold increase in share price. In 2011, he was named as CEO of the year for US mid-cap companies by Investor Relations Magazine. Prior to joining PDC Energy, Rick served as President and CEO at Gasource, LLC and as an investment banker at JP Morgan.

Chuck Wilson, Chief Operating Officer, US Operations Chuck joined Nighthawk in August 2011 from Gasco Energy Inc. where he was VP of Engineering and Operations. Previously he was the U.S. Onshore Drilling Manager for Denver-based Forest Oil Company, a NYSE-listed exploration and production company. Chuck has more than 33 years of experience in the oil and gas industry ranging from drilling, completion and production operations to surface equipment installations, including horizontal drilling in the Bakken. He holds a BS degree in Petroleum Engineering from the University of Wyoming and in addition has held several positions within the Society of Petroleum Engineers and the American Association of Drilling Engineers.

Michael Thomsen, Vice President - Geology Mike has more than 30 years’ experience in the natural resources industry and has worked in more than 40 countries on acquisitions, project development and exploration. He has directed and managed a number of energy and minerals companies and was the former Chairman of Oil Quest Resources plc. Mike was previously Chief Geologist with Freeport-McMoRan Inc, a major US energy and minerals producer, where he directed programs in the Permian Basin of west Texas, the Gulf of Mexico region, the Sergipe Basin of Brazil and the Suez-Sinai region of Egypt. He was also Director of International Exploration with Newmont Mining Corporation.

Richard Swindells, Chief Financial Officer and Company Secretary Richard joined Nighthawk in June 2011 having previously spent 15 years as an investment banker, the past five of which he has spent advising and raising equity for resources companies. Richard joined from Ambrian Partners where he was Head of Oil & Gas Corporate Finance having previously been CEO of Nabarro Wells & Co and director of Corporate Finance at Panmure Gordon. Richard has an economics degree from University of Birmingham and holds the Chartered Institute for Securities and Investment diploma.

Nighthawk’s Management Team

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Nighthawk’s Management Team

Harold Mayland, Operations Manager Harold started his career in 1960 as a tool pusher working on production rigs. He spent 4 years with Shell Oil as Production Field Foreman. This was followed by one year with Flying Diamond as Production Superintendent. He spent three years with Baker Oil tools providing services to oil and gas companies. He later started Mountain States Oil Tools, at that time he designed and patented test and production equipment for subsurface use, which he sold out 6 years later. It is now known as Weatherford Completions service. Mr. Mayland started Osprey Oil & Gas Company, where he bought several old fields and entered into joint ventures with other companies to drill and complete producing wells. Since 1982, he has been involved in providing consulting services for well site drilling, completions, workover operations, production, and oilfield construction.

Anders Elgerd, Exploration Manager Anders has more than 32 years of experience in petroleum exploration and development in the disciplines of Geology and Geophysics. He has worked most of the major producing basins in the US as well as internationally. Since February 2012 he has headed up the exploration efforts at Nighthawk in Eastern Colorado. He graduated with high honors from the University of Florida in 1980 with a Bachelor of Science Degree in Geology. He is a member of the American Association of Petroleum Geologists, the Denver Geophysical Society, the Rocky Mountain Association of Geologists and the Denver International Petroleum Society.

David Faulder, Reservoir Engineering Manager David joined Nighthawk in August 2014 and has over 33 years’ experience as a reservoir engineer in a wide variety of geologic environments. He started his career with Chevron and was reservoir engineer for Rangely, Colorado for three years, the largest oil field in the Rocky mountains. He later worked with the Idaho National Laboratory (a USDOE facility) as Advisory Scientist, for the National Petroleum Technology Office as an analyst and for SAIC evaluating Alaska’s oil and gas production potential as project reservoir engineer and economist. Later assignments include Bill Barrett Corporation as exploration engineering advisor, and Terra-Gen Power as reservoir engineering manager. David has petroleum engineering degrees from the University of Wyoming (BS), and MS and PhD degrees from Colorado School of Mines were he is also an Adjunct Professor teaching classes in well testing, reservoir simulation, economics, and geothermal reservoir engineering. He has been a consultant since 1992 and has Professional Engineering licenses from California and Colorado.

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