Surveys Show Sweet Spots in Shale Packages

From Reuters

U.S.-focused energy company Nighthawk Energy Plc (NGTE.L) said four 3-D seismic surveys at Jolly Ranch in Colorado established potential sweet spots in the Cherokee and Atoka shale packages, sending its shares up 6.4 percent.

The company also said it started a three-well vertical drilling programme at the Jolly Ranch project in Lincoln County, Colorado.

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