Halcon Resources (HK) Posts Mixed Q3 Results

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Go back to Halcon Resources (HK) Posts Mixed Q3 Results

Halcón Resources Announces Third Quarter 2016 Results

November 9, 2016 4:15 PM EST

HOUSTON, Nov. 09, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (Halcón or the Company) today announced its third quarter 2016 results.

Production for the three months ended September 30, 2016 averaged 34,185 barrels of oil equivalent per day (Boe/d).  Production was comprised of 76% oil, 13% natural gas liquids (NGLs) and 11% natural gas for the quarter.  The Company shut-in approximately 7,000 Boe/d of net production during the third quarter due to low commodity prices.  This production was brought back online in early October 2016.  Halcón expects fourth quarter net production to be between... More