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Halcon Turns on Taps at First Hackberry Draw Well; Wolfcamp B

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Halcon Turns on Taps at First Hackberry Draw Well; Wolfcamp B

Halcon has reported early production data from its first operated Hackberry Draw well.

- Balbo Adrianna West 1H Well: Located in Pecos County, Texas targeting the Wolfcamp B. The results are in line with the company's EUR type curve of 1.3 MMBOE per 10,000' lateral

Lateral length of 9,698 feet Current peak 10 and 20 day average rates are 1,278 and 1,149 boe/d, respectively (comprised of ~74% oil (2 stream)) Reached a peak IP24 of 1,415 boe/d on August 26, 2017

New Frac Fleet

The Company recently changed frac providers which has caused some delays on its remaining 2017 completion schedule. The new frac fleet will recommence completion operations on a two well pad in the Hackberry Draw area (Ethel Jesper East 1H and the Berkley State East 2H) next week with these wells expected to be…

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