Seeking Alpha posted a "Zelts Energy analysis" that is not correct.
Halcon Completed a Purchase and sales Agreement for East Texas on 25 February and gave up 3,861 BO for $450M all oil with the wells with effective date April 1st so all JAN, FEB, and March oil removed. That’s what you are seeing.
"On February 25, 2014, certain wholly owned subsidiaries of Halcon Resources Corporation (the "Company") entered into an Agreement of Sale and Purchase (the "Agreement") with a privately-owned company ("purchaser") pursuant to which the Company agreed to sell its Woodbine properties and related assets located in east Texas (the "East Texas Assets") to purchaser for a total purchase price of $450 million. The effective date of the transaction will be April 1, 2014 and the Company expects to close the transaction in mid-April 2014, subject to satisfaction of customary closing conditions set forth in the Agreement."
the Zelts Energy" comparison is straight production where they don't consider the working interest of 72-74% and the MCF gas flaring of the new Halcon wells as reflected in the state "04" code. The comparison is in the period where HK sold the east Texas assets including the oil in January, February, and March. So with 3,861 sold off, the WI% not applied, and flared gas which is not sold is "highly unproffessional and ill-advised.