Monday, July 2, 2012

Halcon Announces The TMS

Halcon has officially announced their entry into the TMS.
"The Company has identified the Tuscaloosa Marine Shale formation as one of its four previously undisclosed liquids-rich exploratory plays. Halcon anticipates building a position of 150,000 to 200,000 net acres across the trend and expects to utilize one rig to spud three to five wells in the second half of 2012 with 100% working interest. The Company plans to spud its first well in the trend in July."

The company has been aggressively leasing across Rapides Parish paying top price and royalty.

Press Release:
http://www.marketwatch.com/story/halcon-resources-provides-operational-update-and-outlook-2012-06-25

2 comments:

  1. Kirk, any numbers on the Halcon leases that you can share? Enjoy the 4th of July.

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  2. CB,
    I do not have any confirmed numbers. Happy 4th!
    Kirk

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