Company Announces Utica/Point Pleasant Discovery Well in Trumbull County, Ohio; Kibler 1H Tested at Rate of 2,233 Boe/d (75% liquids) Company Currently Producing ~35,000 Boe/d New Company Record 3,317 Boe/d IP Rate in Williston Basin HOUSTON, August 1, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) ("Halcón" or the "Company") today announced its second quarter 2013 financial results and [...]
DENVER, July 23, 2013 /PRNewswire/ -- EnerCom, Inc. will host The Oil & Gas Conference® 18, August 11-15, 2013, in Denver. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals interested in attending the event can register through the conference website. The Conference will be hosted at the Westin Denver Downtown. Conference Details and [...]
Halcón Resources today announced plans to release its second quarter 2013 financial results on Thursday, August 1, 2013 before trading begins on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Thursday, August 1, 2013 at 10:00 a.m. EDT (9:00 a.m. CDT). Investors may participate in the conference call via telephone by dialing (877) 810-3368 for domestic callers or [...]
Halcón Resources today announced that it has priced a public offering of 300,000 shares, or $300 million aggregate liquidation preference, of its 5.75% Series A Cumulative Perpetual Convertible Preferred Stock. Each share of Perpetual Preferred Stock has a liquidation preference of $1,000 per share and is convertible, at the holder's option, initially into 162.4431 shares of Halcón's common stock based on an initial [...]
Halcón Resources today announced that it has commenced, subject to market conditions, an underwritten public offering of $300 million of the Company's Series A Cumulative Perpetual Convertible Preferred Stock. Halcón intends to grant the underwriters for the offering a 30-day option to purchase up to an additional $45 million in additional shares to cover over-allotments, if any.
Halcón Resources today provided an operational update. The Company is currently operating 17 rigs across its holdings and is producing approximately 30,000 barrels of oil equivalent per day. Drilling and completion results continue to improve and there are 27 wells currently being completed or waiting on completion. Halcón continues to identify and acquire specific acreage in its core areas.