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Halcon Resources Corporation has retained PJT Partners as financial advisor and Weil, Gotshal & Manges, LLP as legal advisor to assist the Company as it charts a course through this downturn.
The Company also today announced that its Board of Directors has appointed John Wat (J.W.) Brown and Paul P. (Flip) Huffard IV as new board members, effective March 4, 2016. With these appointments, the Halcn Board has been expanded from nine to eleven directors.
Floyd Wilson, CEO commented, "We welcome J.W. and Flip to our Board. Their backgrounds and experiences will provide value to Halcn going forward. We continue to focus on finding creative solutions to ensure we come out of this current oil price environment a stronger company. Our hiring of PJT and Weil is consistent with these efforts."
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