Upon closing of an agreement to sell remaining non-operated assets in the Williston Basin for $110 million, Halcón Resources Corp. will have completed its transition into a pure play Delaware Basinfocused company. Halcón holds over 41,500 net acres in the core of the Delaware Basin.
In its most recent deal with an undisclosed private company, Halcón will shed the Williston Basin assets for approximately $104 million in cash, subject to customary closing conditions and adjustments. The properties currently produce approximately 1,891 bbl/day of oil, 1,931 mcf/day of gas and 65 bbl/day of natural gas liquids.
For more information, visit www.halconresources.com or call (832) 538-0300.