Nighthawk Energy (AIM: HAWK) announced an update on drilling and production at its 100% controlled and operated project at Jolly Ranch in the Denver-Julesburg Basin, Colo.

Following the success of the John Craig 6-2 well and the positive indications from the open-hole logs of the Williams 4-30 and Knoss 6-21 wells, the company has committed to a fifth well in the 2012 drilling program.

The fifth well, the Whistler 6-22, is located close to, and due south of the Steamboat Hansen 8-10 location, on the northern boundary of Lincoln County ...