Halcon Resources (HK +9.1%) beats Q2 earnings expectations and discloses a new liquids-rich...

|About: Halcon Resources Corporation (HK)|By:, SA News Editor

Halcon Resources (HK +9.1%) beats Q2 earnings expectations and discloses a new liquids-rich exploratory play in the Midway-Navarro formations in Texas. HK expects to build a position of 25K-75K net acres in the play, and will utilize one rig in the region to spud four to six wells this year.