Battalion Oil Corp.

On May 26, 2016, Halcón received notice from the New York Stock Exchange that the price of its common stock has fallen below the NYSE’s continued listing standard. The NYSE requires the average closing price of a listed company’s common stock not be less than $1.00 per share for a period of 30 consecutive trading days. Under NYSE rules, the Company will regain compliance if, during the six month period [...]

HOUSTON, May 18, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced the Company has reached an agreement in principal on terms of a plan to restructure its balance sheet (the “Restructuring Plan”) with select holders of its 13.0% 3rd Lien Notes due 2022 (“3L Notes”), its three tranches of senior unsecured [...]

HOUSTON, May 09, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its first quarter 2016 results. Production for the three months ended March 31, 2016 averaged 39,527 barrels of oil equivalent per day (Boe/d). Production was comprised of 77% oil, 11% natural gas liquids (NGLs) and 12% natural gas for the quarter [...]

Houston, April 20, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced plans to release its first quarter 2016 financial results on Monday, May 9, 2016 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Tuesday, May 10, 2016 at 10:00 a.m. EDT (9:00 [...]

Halcón Resources today provided an update on the progress of its ongoing efforts to improve its balance sheet. As previously announced the Company is working with PJT Partners and Weil, Gotshal & Manges LLP to explore opportunities to materially reduce its indebtedness while preserving liquidity. The Company is currently in discussions with certain stakeholders and is negotiating terms of a potential transaction [...]

Houston, TX, March 09, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced that it has retained PJT Partners as financial advisor and Weil, Gotshal & Manges, LLP as legal advisor to assist the Company as it charts a course through this downturn. The Company also today announced that its Board of Directors has appointed John Wat [...]

HOUSTON, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its fourth quarter and full year 2015 results. Production for the three months and full year ended December 31, 2015 averaged 41,087 barrels of oil equivalent per day (Boe/d) and 41,542 Boe/d, respectively. Production was comprised of 77% oil, 11% natural gas [...]

Houston, TX, Feb. 08, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today provided an update on its balance sheet initiatives. As previously indicated, Halcón continues to proactively explore multiple options to strengthen its balance sheet. Over the course of 2015 the Company reduced its net debt by approximately $1 billion [...]

Houston, TX, Feb. 02, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced plans to release its fourth quarter and full year 2015 financial results on Thursday, February 25, 2016 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Friday, February 26 [...]

HOUSTON, TEXAS, Jan. 28, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced that its Board of Directors has suspended the payment of regular quarterly dividends on shares of its 5.75% Series A Cumulative Perpetual Convertible Preferred Stock. This action will preserve liquidity and minimize dilution during this period of [...]