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Halcon Cuts Bakken, Eagle Ford Costs in 1Q
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Halcón Resources Corporation announced its first quarter 2015 results.
Floyd C. Wilson, Chairman and Chief Executive Officer, commented, "Well performance improved and completed well costs trended down meaningfully in our core areas during the first quarter of the year. We have recently executed on certain initiatives towards the goal of improving our balance sheet and now have sufficient liquidity to fund operations and service our debt for the next several years, even in a low commodity price environment."
2015 Guidance UpdateHalcón is providing second quarter 2015 production guidance, which accounts for approximately 800 Boe/d of non-operated production in the Williston Basin that is currently shut-in and approximately 1,200 Boe/d of non-operated production in the Williston Basin that…
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