Wednesday, September 27, 2017

Update On Halcon's Plans To Exit The Williston Basin -- September 27, 2017

I haven't quite figured this one out yet. In a previous post, it was reported that Halcon would be exiting the Williston Basin. Today it is being reported that Halcon has sold all its non-operated assets in Williston buyer to a private buyer.

At Yahoo!Finance!, data points:
  • mineral acres, if any, not mentioned
  • about 2,000 bopd
  • $104 million
  • proceeds will be used to pay down debt
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Picture Perfect

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