Halcón Resources Corporation today announced its fourth quarter 2018 results and provided an update on recent well results, operations and other matters. Net production for the three months ended December 31, 2018 averaged 17,196 barrels of oil equivalent per day . Production was comprised of 69% oil, 14% natural gas liquids and 17% natural gas for the quarter. Third party sour gas takeaway constraints in [...]
Halcón Resources Corporation today announced plans to release its fourth quarter 2018 financial results on Tuesday, March 12, 2019 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Wednesday, March 13, 2019 at 11:00 a.m. EST . Investors may participate in the conference call via telephone by dialing 451-6152 for domestic callers or [...]
Floyd Wilson Steps Down from Management Team and Board James Christmas Appointed as Non-Executive Chairman of the Board of Directors $10 Million Estimated Reduction in Annual Overhead Costs as Part of Renewed Focus on Maximizing Shareholder Value Through Operational Improvement Halcón Resources Corporation today announced that Floyd Wilson has resigned from his role as the Company’s Chairman, Chief Executive [...]
One of Largest Shareholders Believes Board Should Appoint Two Independent Directors to Lead M&A Process, Immediately Cut Excessive G&A Sends Open Letter and Presentation to Halcón Board Fir Tree Capital Management LP , manager of certain funds that together have economic exposure to approximately 7.2% of the common stock of Halcón Resources Corporation , today issued an open letter and presentation to the [...]
Halcón Resources Corporation today announced it has closed on the previously announced divestiture of all of its water infrastructure assets across the Delaware Basin to a subsidiary of WaterBridge Resources LLC for $200 million in cash. In addition to the $200 million received today, the Company has an opportunity to earn potential incentive payments of up to $25.0 million per year for each of the next five years [...]
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 [...]