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Halcón Resources Details 1Q 2014 Results

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May 9, 2014

On May 7, Halcón Resources Corp. (NYSE: HK) detailed its first-quarter 2014 financial and operational results. The quarter ended March 31, the company said.

Total revenues were $275.1 million, the company said, noting that this was a 44% increase over first-quarter 2013’s revenues.

Regarding capex, the company detailed the breakdown of capital costs. A total of $331.2 million was spent on drilling and completions, $14.2 million was spent on infrastructure and seismic and $113.8 million was spent on acquisitions, the company noted. Acquisitions were primarily in the Tuscaloosa Marine Shale ...

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