Update On Halcon -- Richard Zeits Over At Seeking Alpha

Link here (now requires a subscription to SeekingAlpha):

• The article presents Halcón’s latest (through May 2014) well performance in the Eagle Ford.
• Based on a well-by-well data aggregation, the company’s daily gross oil production in El Halcón is up ~32% sequentially so far in Q2.
• Most notably, the latest wells are performing stronger on average than the company's earlier wells.
• The growth rate is likely to subside in the second half of the year due to the decline in the pace of drilling.

During the month of May, Halcón Resources (HK) oil production grew in its El Halcón (Eagle Ford) play in East Texas, despite slow new completions schedule during the month:

• The company's average daily gross oil production was up ~3% month-on-month.
• During the first two months of the current quarter, average gross daily oil production was up ~32% relative to the first quarter of this year.

Assuming moderate growth during the month of June, Halcón may post a strong ~35%+ oil production increase in Q2 over the previous quarter.