Mon, Jul 14, 2014, 11:36 AM EDT - U.S. Markets close in 4 hrs 24 mins

Recent

% | $
Quotes you view appear here for quick access.

Halcon Resources Corp. Message Board

  • zoom_bee zoom_bee Dec 21, 2013 8:10 AM Flag

    Antelope field leads Halcon to greatness.

    Halcon has one well after the other reporting huge numbers in the Antelope field..
    First came file number 18402 well name FORT BERTHOLD 152-94-22D-15-1H reporting 18 days with
    28,328 BBO with 35,718 MCF for a BOE/D of 1,905
    Second came file number 24731 well name FORT BERTHOLD 152-94-15B-22-3H reporting 16 days with
    23,309 BBO with 29,944 for a BOE/D of 1,769
    Third was file 20567 well name FORT BERTHOLD 152-94-22D-15-2H reporting 15 days with
    12,315 BBO with 16,711 for a BOE/D of 1,007
    Fourth was file 24737 well name FORT BERTHOLD 152-94-15A-22-7H reporting 8 days with
    11,428 BBO with 15,830 MCF for a BOE/D of 1,758
    Fifth coming in is file 25494 well name FORT BERTHOLD 152-94-15B-22-4H reporting
    30,872 MCF connected into production already 5,145 BOE with oil not reported yet.
    6th and 7th are files 24739 FORT BERTHOLD well name 152-94-15B-22-5H and 24738 well name FORT BERTHOLD 152-94-15B-22-6H
    All these reporting one after the other and 3 at a time now.
    Pad wells also started in the Antelope are FORT BERTHOLD 152-94-13B-24-2H, 3H and 4H
    Already drilled FORT BERTHOLD 152-94-11B-14-5H & 6H with the rig on 7H now
    Next is a pad with FORT BERTHOLD 152-94-24D-13-5H, 6H, and 7H
    Two rigs full time in the Antelope one well just reporting MCF number 30,872 should be a 1,800 BOE/D

    Antelope field will be at 20,000 BOE/D by the end of January; all added after SEP 2013 Quarterly

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Just wanted to bring this one back up to the top. Watch out for this paid pumper who has so many identities its amazing. Scroll through his posts and you will find he gets more thumbs up than anyone else around. He pumped SSN all the way down to where it is today and it looks like he is doing the same here.

      BEWARE!!!

    • EXECUTION

    • kirbydecker@rocketmail.com kirbydecker Jan 22, 2014 7:29 AM Flag

      These well #s will do it.

      no one knows the future.

      also,
      200% return buying the stock at 3.60 using 2;1 leverage if you use this as your trade entry and sell at around 7 next 12 months

      Sentiment: Strong Buy

    • good stuff

    • January wells to flow-back
      9 Antelope field finishing in January
      Antelope 6 pad Jan 19th Patterson 16 rig off pad
      24270 FORT BERTHOLD 147-94-3B-10-5H
      26671 FORT BERTHOLD 147-94-3B-10-9TFH
      24271 FORT BERTHOLD 147-94-3B-10-4H
      25800 FORT BERTHOLD 147-94-3B-10-8TFH
      24272 FORT BERTHOLD 147-94-3B-10-3H
      25801 FORT BERTHOLD 147-94-3B-10-7TFH

      Antelope 3 pad Jan 20th Nabors B26 rig finishing lateral on last
      25526 FORT BERTHOLD 152-94-11B-14-7H
      25525 FORT BERTHOLD 152-94-11B-14-6H
      25524 FORT BERTHOLD 152-94-11B-14-5H

      Four Bears 2 pad Jan - Patterson 345 rig
      First is finishing FRAC today
      24253 FORT BERTHOLD 152-93-7D-6-4H
      24254 FORT BERTHOLD 152-93-7D-6-3H

      Marmon has 4 wells – from Unit 108 (has moved to next 4 pad) FRAC in process
      26210 STATE 157-100-29A-32-3H
      25498 STATE 157-100-29A-32-2H
      26211 MOLINE 157-100-20D-17-3H
      25499 MOLINE 157-100-20D-17-2H

      McGregory Buttes
      H & P 309 Reworking rig finished – now online
      20879 FORT BERTHOLD 147-94-1A-12-2H

      FRAC dates are based upon HK process (1.5 days SPUD, 8 days vertical, 9.7 days lateral, 5.5 days FRAC) any sub-zero FRAC days where manifold freeze-ups delay aren't accounted in projection dates.

      Sentiment: Buy

    • trollen32@sbcglobal.net trollen32 Jan 3, 2014 9:15 AM Flag

      Zoom,thks We're on a roll Take it to the top luck tro

    • mother load

    • 5000 acres, and had a 18.75 royalty" small farm

    • Mother Loads. Higher Capital Efficiency

      Halcón is cutting its 2014 drilling and completions capex guidance by approximately $150 million to $950 million. The budget will also include $100-$125 million for land, infrastructure, seismic and other spending, bringing the total to $1,050-$1,075 million (before including capitalized interest and G&A).

      Halcón also specified that it expects proceeds from additional non-core asset divestitures in 2014 to be approximately $300 to $400 million (the company stated previously that it planned to pursue material sales of non-core assets in 2014).

      The announcement is positive news for the stock: in spite of reduced drilling capex, Halcón reaffirmed its previously issued 2014 production guidance of 38,000 to 42,000 Boe/d.

      The reduction in spending is likely achieved in part by eliminating exploration dollars and greater focus on the most productive drilling inventory and in part reflects management's confidence in improving well performance in the Bakken and El Halcón. The impact of the anticipated divestiture program was, most likely, already factored in to the previous production guidance and does not represent real news.

      The combination of the spending cut and divestitures should help close the gap in the company's funding for the next year. A more balanced rate of spending is a positive change from the break-neck pace seen earlier this year. In the third quarter alone, Halcón spent $671 million ($390 million on drilling and completions; $125 million on land, infrastructure, seismic and other; and $156 million on acquisitions and new acreage). The spending compared to $179 million of discretionary cash flow reported during the quarter.

      Assuming Halcon generates $700-$800 million in discretionary cash flow during 2014 and adding estimated $300-$400 million of divestiture proceeds, the company may now be able to avoid draw-downs on its revolver and should see its credit metrics incrementally improve as a result of stronger cash flow.

      • 2 Replies to inpursuitof_happiness
      • inpursuitof_happiness inpursuitof_happiness Dec 30, 2013 12:17 AM Flag

        Mother Load BAKKEN MULTI WELL PADS DEVEL

        Halcón is cutting its 2014 drilling and completions capex guidance by approximately $150 million to $950 million. The budget will also include $100-$125 million for land, infrastructure, seismic and other spending, bringing the total to $1,050-$1,075 million (before including capitalized interest and G&A).

        Halcón also specified that it expects proceeds from additional non-core asset divestitures in 2014 to be approximately $300 to $400 million (the company stated previously that it planned to pursue material sales of non-core assets in 2014).

        The announcement is positive news for the stock: in spite of reduced drilling capex, Halcón reaffirmed its previously issued 2014 production guidance of 38,000 to 42,000 Boe/d.

        The reduction in spending is likely achieved in part by eliminating exploration dollars and greater focus on the most productive drilling inventory and in part reflects management's confidence in improving well performance in the Bakken and El Halcón. The impact of the anticipated divestiture program was, most likely, already factored in to the previous production guidance and does not represent real news.

        The combination of the spending cut and divestitures should help close the gap in the company's funding for the next year. A more balanced rate of spending is a positive change from the break-neck pace seen earlier this year. In the third quarter alone, Halcón spent $671 million ($390 million on drilling and completions; $125 million on land, infrastructure, seismic and other; and $156 million on acquisitions and new acreage). The spending compared to $179 million of discretionary cash flow reported during the quarter.

        Assuming Halcon generates $700-$800 million in discretionary cash flow during 2014 and adding estimated $300-$400 million of divestiture proceeds, the company may now be able to avoid draw-downs on its revolver and should see its credit metrics incrementally improve as a result of stronger c

      • Inpursuit, good & knowledgeable post. TY

        Sentiment: Strong Buy

    • These BAKKEN NUMBERS is all you need to focus on from this point on. Cash flow , debt pay down is all in the mix. The BAKKEN is all you need to know now. Eagleford ElHalcon is in the bag too. Focus and buy. Buy

      Sentiment: Strong Buy

    • View More Messages
 
HK
6.87+0.09(+1.33%)11:35 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.