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Thursday, Sep 12
Halcon Resources sells $302M in non-core assets
- Halcon Resources (HK) enters into three separate agreements to sell non-core conventional assets located throughout the U.S. for a combined $302M.
- Estimated proved reserves were ~21.2M boe as of Dec. 31, 67% of which was proved developed; proved reserves were 77% oil and NGLs, and the assets currently produce ~4,500 boe/day.
- HK +1.8% premarket.