HOUSTON, Dec. 18, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced the expiration and final results of its previously announced exchange offer to certain eligible holders of its outstanding unsecured debt securities listed in the table below (the “Existing Notes”) for up to $150 million of a new issue of 12.0 [...]
HOUSTON, TEXAS, Dec. 18, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its preliminary 2016 outlook. Despite being significantly hedged in 2016 at an average price of $80.59 per barrel of oil and currently having approximately $800 million of liquidity, the Company expects to take a more tempered approach to 2016 than [...]
Halcón Resources today announced a one-for-five (1:5) reverse split of its issued and outstanding common stock. The one-for-five reverse stock split will be effective after the market closes on January 4, 2016 and Halcón’s common stock will begin trading on a split-adjusted basis when the market opens on January 5, 2016. The Company’s stockholders granted authority to the Board of Directors, in [...]
HOUSTON, Dec. 04, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced the early tender results for its previously announced exchange offer to certain eligible holders of its outstanding unsecured debt securities listed in the table below (the “Existing Notes”) for up to $150 million of a new issue of 12.0% Second Lien [...]
Halcón Resources today announced the commencement of an exchange offer to certain eligible holders of its outstanding unsecured debt securities listed in the table below (the “Existing Notes”) for up to $150 million of a new issue of 12.0% Second Lien Senior Secured Notes due 2022 (the “New Notes”). The following table sets forth information regarding the Existing Notes for which New Notes [...]
HOUSTON, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its third quarter 2015 results. The Company generated revenues of $129.9 million for the three months ended September 30, 2015. In addition, Halcón realized a net gain on settled derivative contracts of $114.9 million during the quarter. The Company [...]
HOUSTON, TEXAS, Nov. 02, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced that its Board of Directors declared a quarterly dividend on shares of its 5.75% Series A Cumulative Perpetual Convertible Preferred Stock equal to accrued dividends for the three months ending November 30, 2015. Halcón will pay the dividend on [...]
HOUSTON, TEXAS, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced that the borrowing base under its senior secured revolving credit facility remained unchanged at $850 million following its lenders’ semi-annual redetermination process. The next borrowing base redetermination is scheduled for the spring of 2016 [...]
Halcón Resources today announced plans to release its third quarter 2015 financial results on Thursday, November 5, 2015 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Friday, November 6, 2015 at 10:00 a.m. EST (9:00 a.m. CST). Investors may participate in the conference call via telephone by dialing (877) 810-3368 for domestic [...]
HOUSTON, TEXAS, Aug. 27, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced that it has entered into privately negotiated exchange agreements with certain holders of its outstanding unsecured debt securities as part of its efforts to deleverage the Company’s balance sheet. Halcón has agreed to issue approximately [...]
Company Reduces 2015 D&C Budget to ~$325 Million Well Economics Continue to Improve in Company’s Core Plays HOUSTON, July 30, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its second quarter 2015 results. The Company produced an average of 41,297 barrels of oil equivalent per day (Boe/d) during the period. Second [...]
Work-in-Progress Presenter Schedule Now Posted; Enterprise Values of Presenting Companies Range From $9 million to $160 Billion DENVER, CO--(Marketwired - Jul 21, 2015) - EnerCom, Inc. will host The Oil & Gas Conference® 20, August 16-20, 2015, in Denver at the Westin Denver Downtown. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals [...]