Record 30 and 60-Day IP Rates on Recent Monument Draw Wells Halcón Resources Corporation today announced its third quarter 2018 financial and operating results and also provided an operational update. Net production for the three months ended September 30, 2018 averaged 14,609 barrels of oil equivalent per day , representing a 14% increase from second quarter production of 12,769 Boe/d. Production for the third [...]
Halcón Resources Corporation today announced plans to release its third quarter 2018 financial results on Wednesday, November 7, 2018 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Thursday, November 8, 2018 at 11:00 a.m. EST . Investors may participate in the conference call via telephone by dialing 451-6152 for domestic callers or [...]
Halcón Resources Corporation today announced it has entered into a definitive agreement to sell all of its water infrastructure assets across the Delaware Basin to a private company for up to $325 million in cash, subject to customary closing conditions and adjustments. $200 million of the purchase price is payable in cash upon closing, with an additional $125 million payable on a deferred basis over a five year [...]
DENVER, Aug. 01, 2018 -- Halcón Resources Corporation today announced its second quarter 2018 financial and operating results, provided an operational update and issued revised 2018 guidance. Net production for the three months ended June 30, 2018 averaged 12,769 barrels of oil equivalent per day , representing a 16% increase from the first quarter of 2018 net production of 10,967 Boe/d. Production for the second [...]
FinancialBuzz.com News Commentary NEW YORK, July 30, 2018 /PRNewswire/ -- Oil prices rose last week, after several significant political and economic developments around the world, including Saudi Arabia's suspension of oil shipments through a strait in the Red Sea following an attack on two oil tankers as well as eased trade tensions between the United States and the European Union. WTI Crude futures settled at about USD [...]
Denver, July 06, 2018 -- Halcón Resources Corporation today announced plans to release its second quarter 2018 financial results on Wednesday, August 1, 2018 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Thursday, August 2, 2018 at 11:00 a.m. EDT . Investors may participate in the conference call via telephone by dialing 548-4713 for [...]
Denver, Colorado, June 19, 2018 -- Halcón Resources Corporation today announced that it will reduce its operated rig count in July 2018 from four to three. The Company’s decision to reduce its rig count was primarily driven by lower near-term realized oil prices in the Midland market. Halcón is currently in advanced negotiations to secure 25,000 bbl/d of firm capacity on a pipeline to the Gulf Coast [...]
HOUSTON, May 02, 2018 -- Halcón Resources Corporation today announced its first quarter 2018 financial and operating results, provided an operational update and revised 2018 guidance. Net production for the three months ended March 31, 2018 averaged 10,967 barrels of oil equivalent per day , which was a 75% increase from the fourth quarter of 2017 production level of 6,283 Boe/d. Additionally, the first quarter [...]
Houston, April 16, 2018 -- Halcón Resources Corporation today announced plans to release its first quarter 2018 financial results on Wednesday, May 2, 2018 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Thursday, May 3, 2018 at 11:00 a.m. EST . Investors may participate in the conference call via telephone by dialing 239-9838 for [...]
HOUSTON, April 04, 2018 -- Halcón Resources Corporation today announced it has closed on the previously announced West Quito Draw Acquisition for a purchase price of $200 million and, separately, has elected not to exercise its previously disclosed Monument Draw East Option. The Company also provided an update on its recent well results in addition to its current liquidity and hedge positions. The West Quito Draw [...]
HOUSTON, Feb. 28, 2018 -- In a release issued under the same headline earlier today for Halcón Resources, additional information was missing in the second paragraph of the Operations Update section. The information is now included and appears in bold. The corrected release follows. Halcón Resources Corporation today announced its fourth quarter 2017 results and provided an update on recent well results and [...]
HOUSTON, Feb. 28, 2018 -- Halcón Resources Corporation today announced its fourth quarter 2017 results and provided an update on recent well results and operations. Net production for the three months ended December 31, 2017 averaged 6,283 barrels of oil equivalent per day . Production was comprised of 70% oil, 15% natural gas liquids and 15% natural gas for the quarter. Halcón generated total revenues of [...]