Halcon Resources Projects Surge In 2012 Production

Halcon Resources reported that it expects a strong rise in its 2012 production. The company projects 2012 production to surge to 9,000 to 11,000 barrels of oil equivalent per day (boe/d), versus 4,121 boe/d, in the last year. The company expects Q2 production of 3,900-4,000 boe/d. However, it produced 380,000 boe in the year-earlier period