HOUSTON, TEXAS, Aug. 8, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced that it has priced $400 million aggregate principal amount of senior unsecured notes due 2022 (the "Notes") in a private offering. The Notes will bear interest at a rate of 9.25% per annum and will be issued at par. The private offering was upsized from the previously announced [...]
HOUSTON, TEXAS, Aug. 8, 2013 (GLOBE NEWSWIRE) -- Halcon Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced that it has priced an underwritten public offering of 38,000,000 shares of its common stock at a price of $5.10 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 5,700,000 shares of common stock. The offering is expected to settle and [...]
HOUSTON, TEXAS, Aug. 7, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcon" or the "Company") today announced that it has filed a preliminary prospectus supplement to its existing shelf registration statement with the U.S. Securities and Exchange Commission relating to an underwritten public offering of 38,000,000 shares of its common stock. The underwriters will also have a 30-day option to [...]
HOUSTON, TEXAS, Aug. 7, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced that, subject to market conditions, it intends to offer $300 million in aggregate principal amount of senior unsecured notes due 2022. Halcón intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its senior secured [...]
HOUSTON, TEXAS, Aug. 5, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Company") today announced that Floyd C. Wilson, Chairman and Chief Executive Officer, is scheduled to present at EnerCom's The Oil & Gas Conference® 18 in Denver, CO on Tuesday, August 13, 2013 at 3:30 p.m. EDT (1:30 p.m. MDT, 2:30 p.m. CDT). The slide presentation and a link to the live audio webcast will be available on [...]
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.