US-focused energy company Nighthawk Energy said three of its projects in the United States will be integrated into a single major development and production entity to be known as the Revere project.

The move follows drilling success and the growing gas potential at the Devon Oilfield, Buchanan and Xenia waterflood projects, the company said in a statement.

Nighthawk said its interest in the project areas would remain at 80%, 50%, and 50% for Devon, Buchanan and Xenia respectively.

Independent reports by Oilfield Production Consultants estimated stock tank oil originally in place at the Buchanan project to be 184.26 million barrels of oil, the company said.

OPC is conducting a review of the Xenia acreage, the results of which are expected to add significantly to the Devon and Buchanan STOOIP figures, Nighthawk said.

Nighthawk said oil is being sold from Xenia and it expected gas production to start from this project area during the fourth quarter.

Running Foxes Petroleum is the operator of these projects, and holds the remaining equity.