20 oktober, 2015

Organisational Changes and Directorate Change

20 October 2015
NIGHTHAWK ENERGY PLC   (”Nighthawk” or ”the Company”)

Organisational Changes and Directorate Change
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY),
announces that it has completed an internal review of its current cost structure and has identified a number of margin enhancement and operational efficiency opportunities that it has begun implementing. Many of these improvements will begin to be realized later this year with the full impact being realized in 2016.

These margin enhancement and operational efficiency opportunities are:
· Consolidation of finance and accounting functions to the Denver Office;
· Staffing changes; and
· Reduction of Corporate G&A.

Consolidation of Finance Function
In an effort to streamline the accounting and finance functions and to integrate them more fully with the operations functions, the Company plans to consolidate its financial and accounting functions to the Denver office. As a result of this consolidation, Mr. Richard Swindells, CFO and a Board member, who has served with the Company in the UK since 2011 and has been key in the Company’s successes during a period of considerable growth, has agreed to leave the Company effective as of November 7, 2015 and will be resigning as a director and as Company Secretary.

Mr. Kurtis Hooley will be joining the Company in Denver as the new CFO and Company Secretary, effective as of November 7, 2015, and will be responsible for all accounting, finance and administrative functions of the Company. Previously, these functions have been split between Denver and London and the Company believes this consolidation will result in better alignment of these functions with its US operations and more streamlined accounting and financial functions with all personnel now in the same office. Mr. Hooley will not join the Board of Directors.

Mr. Hooley has over 25 years of financial and operational management experience, which includes 11 years of experience with an international accounting and audit firm and 10 years of experience with a US public Exploration and Production energy company, Double Eagle Petroleum Co., where he held both the CFO and COO titles.

Staffing Changes
Mr. Mike Thomsen, Nighthawk’s VP of Geology, has left the Company with immediate effect to pursue other opportunities. Mr. Thomsen was a founder of the Company and held a series of senior management positions during his tenure. This change does not affect Nighthawk’s geological team who were instrumental in the discovery of the Mississippian Spergen geological play within the Company’s acreage.

In addition, Nighthawk has reduced its field personnel by two positions.

Reduction of Corporate G&A costs
In conjunction with the planned consolidation of the financial and accounting functions in Denver, the Company will be reducing its UK administrative activities that are duplicative to those performed in the US office. Although the Company will maintain a UK presence, it is expected that these changes will not only reduce costs but will substantially streamline Nighthawk’s corporate functions.

The Board will continue to review costs, head count and reporting structures in order to realize further cost savings and operation efficiencies where achievable.

Mr. McCullough, Executive Chairman, said:
”While we are always looking for ways to cut our costs and improve our operations and efficiencies, this is particularly important in the current, tough oil price environment. We’d like to thank Richard Swindells for his service and contribution to the Company since 2011, and in particular I’d like to thank Richard for his support and assistance during my first year as Nighthawk’s Chairman.
”We also wish to thank Mike Thomsen for his service and contributions to Nighthawk Energy since 2006. We wish Richard and Mike well in their respective new endeavors.
”I am pleased to welcome Kurtis Hooley to our company and believe the consolidation of our accounting and financial functions in Denver will result in considerable efficiencies being realized. Kurtis brings a unique combination of energy finance and operations experience that will further enchance our Denver team.”


Nighthawk Energy plc
Rick McCullough, Executive Chairman
+1 303 407 9600
Kurtis Hooley, Chief Financial Officer elect
+44 (0) 20 3582 1350

Westhouse Securities Limited
+44 (0) 20 7601 6100
Alastair Stratton
Robert Finlay

Canaccord Genuity
+44 (0) 20 7523 8000
Manuel Santiago
Henry Fitzgerald-O’Connor

FTI Consulting
+44 (0) 20 3727 1000
Ben Brewerton
Ed Westropp

19 oktober, 2015

Catella rådgivare vid bostadstransaktion

14 oktober 2015, Sverige | Corporate Finance

Catella rådgivare vid Heimstadens första förvärv i Lund.

Pressmeddelande från Heimstaden:
Heimstaden AB har skrivit avtal avseende förvärv av 157 bostadslägenheter i Lund. Fastigheten, med en totalyta om ca 11 200 kvm, består av 6 byggnader uppförda 2003 respektive 2006.

Heimstaden är glada över bolagets första förvärv i Lund och ser fram emot att fortsätta utveckla beståndet med stort kundfokus samt långsiktigt utöka sitt ägande på orten.

Tillträdet är planerat till 16:e november 2015. Catella Corporate Finance i Malmö har varit säljarens rådgivare.

För ytterligare information, kontakta:

Tom Rasmussen                                                Patrik Hall
Investment Manager                                         VD
0706–85 40 81                                                   0705-85 99 56       
Bo Ljungberg

Telefon: +46 40 622 12 02

9 oktober, 2015

September månads produktion 52,6 GWh

2015-10-09 / Arise AB (STO:ARISE) (STO:AWP)

Bättre vindar än normalt under september månad resulterade i en elproduktion om 52,6 GWh (43,0 GWh), vilket är 1,5 GWh över budget.
Månadens produktion fördelade sig på 30,4 GWh (27,5 GWh) Egen och 22,2 GWh (15,5 GWh) samägd vindkraft.

Halmstad den 9 oktober 2015
ARISE AB (publ)

För ytterligare information, vänligen kontakta
Peter Nygren, VD Arise AB, +46 706 300 680
Informationen är sådan som Arise AB ska offentliggöra enligt lagen (2007:528) om värdepappersmarknaden och/ eller lagen (1991:980) om handel med finansiella instrument. Informationen lämnades för offentliggörande den 9 oktober 2015 kl.13.30.
Om Arise:
Arise är ett av Sveriges ledande företag inom landbaserad vindkraft med affärsidé att utveckla, bygga och förvalta landbaserad vindkraft i egen regi och för andra. Bolaget är noterat på NASDAQ OMX Stockholm.
Arise AB (publ), Box 808, 301 18 Halmstad, tel. 46 35 20 20 900, 556274-6726

1 oktober, 2015

Catella slutför försäljning av Nordic Fixed Income

Ägarprövningen av Arctic Securities AS är godkänd och Catella slutför därmed försäljningen av aktieinnehavet i dotterbolaget Nordic Fixed Income AB.
Efter godkänd ägarprövning slutför Catella försäljningen av sitt aktieinnehav i Nordic Fixed Income AB till Arctic Securities AS, som tillträder aktierna per idag den 1 oktober 2015.

För ytterligare information, vänligen kontakta:
Knut Pedersen
Vd och koncernchef
08-463 33 10

Ann Charlotte Svensson
08-463 32 55, 072-510 11 61

Om Catella:
Catella är en finansiell rådgivare och kapitalförvaltare med djup kunskap inom fastigheter, räntor och aktier. Vi har en ledande position inom fastighetssektorn och en stark lokal närvaro i Europa med cirka 500 anställda i tolv länder. Catella är listat på First North Premier vid Nasdaq Stockholm och handlas under kortnamnen CAT A och CAT B. Remium är bolagets Certified Advisor. Läs mer om Catella på

30 september, 2015

Interim Results for the six months ended 30 June 2015

30 September 2015

NIGHTHAWK ENERGY PLC      (”Nighthawk or the Company”) 

Interim Results for the six months ended 30 June 2015 

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces its unaudited interim results for the six months ended 30 June 2015 (”First half 2015”).

 First Half 2015 Operational Highlights

*      Oil sales volumes higher than six months ended 30 June 2014 (”First Half 2014”)
   – First Half 2015 351,609 barrels of oil (First Half 2014: 345,558 barrels of oil)
   –  First Half 2015 1,950 bopd (First Half 2014: 1,909 bopd)

*      Production maintained despite very limited new drilling activity through capital efficient production enhancement projects within existing wells

 *    Joint Development Agreements (”JDAs”) signed in January 2015
    –  Monarch and El Dorado JDAs materially increase Nighthawk’s Mississippian Spergen drilling inventory adding significant strategic value
    –  3D seismic interpretation complete showing as many as 10 drillable features containing as many as 55 to 65 possible Mississippian Spergen drilling locations

*      Key initiatives to set up business for reduced operational costs and increased margins
     –  Water gathering infrastructure at Arikaree Creek expected to deliver material operational cost savings from early 2016
     –  Oil marketing initiatives delivering US$3 to US$4 per barrel cost savings

 *      Secondary recovery waterflood at Arikaree Creek being pursued as potential 2016 project
      – Potential to deliver highly significant reserves and borrowing base increase and associated production and operating cash flows increase by end 2016

*      Recommenced drilling since period end with five well program which commenced in early September 2015
     –  Crested Butte 2-14 development well at Arikaree Creek followed by four commitment wells at Monarch JDA testing new Mississippian Spergen structures
  Drilling costs reduced by 30% from recent years
     –   Nighthawk’s conventional vertical wells potentially highly economic even at low oil prices

 First Half 2015 Financial Highlights 

*     Group revenues for First Half 2015 materially lower than First Half 2014 due to low oil prices
    –  Revenues US$16.0 million (First Half 2014: US$25.4 million)
    –  Realised oil price US$44.32 per barrel (excluding hedging) (First Half 2014: US$91.73 per barrel (excluding hedging))

 *      Normalised EBITDA1 for First Half 2015 US$6.6 million or US$18.73 per barrel (First Half 2014: US$17.4 million or US$50.50 per barrel)

 *     Non-cash impairment charges recognized in exceptional administrative expenses of US$8.8 million (First Half 2014: US$3.2 million) relating to decisions taken to write off, plug and        abandon four wells and to impair partially nine non-core wells on account of reduced expectations for reserves recovery and lower oil prices

 *      US$16.9 million invested in First Half 2015 (First Half 2014: US$18.8 million) in new wells drilled in late 2014 and early 2015 prior to rig release, additional completions and recompletions in wells, strategic lease acquisitions and renewals and 3D seismic at JDAs

*    Cash balances of US$2.3 million at 30 June 2015

 *      US$10.0 million raised since period end in August 2015 via issuance of a zero coupon unsecured convertible loan note

Rick McCullough, Chairman of Nighthawk, said:
”The first half of the year was challenging with low oil prices and our lack of drilling.  However, now with the recent capital raise, we are well positioned to execute our five well drilling program during the remainder of this year.  We are particularly encouraged by the prospects of the Arikaree Creek water flood project that we expect to implement in 2016.  We will file for Colorado regulatory approval for the waterflood in October and hope to complete the project by mid 2016.  The project is expected to increase materially both our production and reserves out of the field.”

1  Normalised EBITDA is operating profit adjusted for depreciation, amortisation, contribution from test revenue and exceptional administrative items. Refer to the Chief Financial Officer’s    statement.

Nighthawk Energy plc
Rick McCullough, Chairman                                 + 1 303 407 9600
Richard Swindells, Chief Financial Officer         +44 (0) 20 3582 1350

Westhouse Securities Limited                      +44 (0) 20 7601 6100
Alastair Stratton
Robert Finley

Canaccord Genuifty                                           +44 (0) 20 7523 8000
Manuel Santiago
Henry Fitzgerald O´Connor

FTI Consulting                                                  +44 (0) 20 3727 1000
Ben Brewerton                                      
Adam Cubbage                                               adam.cubbage@fticonsulting com

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