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HOUSTON, TEXAS, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced that the borrowing base under its senior secured revolving credit facility remained unchanged at $850 million following its lenders' semi-annual redetermination process. The next borrowing base redetermination is scheduled for the spring of 2016. As of September 30, 2015, approximately $44 million was drawn on the Company's senior secured revolving credit facility.
About Halcón Resources
Halcón Resources Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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