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Halcon Sticking with One Rig for 2H16

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Halcon Sticking with One Rig for 2H16

Halcón Resources Corporation announced its second quarter 2016 results.

Bakken/Three Forks

The Company operated an average of 1 rig in the Williston Basin during the second quarter of 2016.

Halcón spudded 4 wells and put 13 wells online in the Fort Berthold area of the Williston Basin during the three months ended June 30, 2016. The Company did not participate in any non-operated wells during the quarter.  Production averaged 25,633 Boe/d during the second quarter of 2016 in theWilliston Basin.

Halcón currently has working interests in approximately 119,000 net acres prospective for the Bakken and Three Forks formations in the Williston Basin, substantially all of which is held by production (HBP). With one operated rig running, the Company plans to spud 10 to 15 gross operated wells over…

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