The London-listed explorer will use 16 behind-pipe well recompletions on its assets in Colorado’s Denver-Julesburg Basin to build up cash for more than 80 low-risk exploration targets on the same licences.
Speaking to Upstream ahead of analyst and investor presentations in London, executive chairman Rick McCullough said that even in an low-price environment Nighthawk Energy has “a clear opportunity to keep growing production, keep growing reserves and keep growing cash flows”.
“When