Halcon Plans to Add 4-6 Oper Rigs By the End of the Year

Halcón Resources Corporation

today provided an operational update.  The recently closed acquisitions of GeoResources, Inc. and assets in East Texas ("East Texas Assets") were structured to bolster the Company's production profile and reserve base while providing additional growth opportunities in liquids-rich regions.  Halcón continues to transition from the leasehold acquisition phase of its development into the drilling phase with 11 operated drilling rigs currently running on resource style assets.  The Company estimates that it will add four to six operated drilling rigs to its resource style drilling program by year end 2012.  Halcón Field Services LLC, a midstream subsidiary of Halcón, continues to work on infrastructure construction and solutions in all areas of activity.