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Halcón Resources Corporatio Message Board

  • jefffeatherson jefffeatherson Aug 13, 2014 10:55 AM Flag

    2nd Half Production- TMS the Wildcard

    19 completions drove the Dakota production by 7,000 boed last quarter, El Halcon by 2,000 boed and the asset production sale dropped miscellaneous to just about 3,000 boed. Interpolating with planned drilling and expected completions thru Q4, November production can reasonably total 32,000 ND, plus 12,500 El Halcon, plus 3,000 boed misc, for a total 47,500 boed- right about where it needs to be to give us a 2014 average at the high end of the company guidance. But, then there is the TMS, the wildcard. Reasonably, 9 drilled and 6 completed. Production? High pressure and decent IPs can contribute around 2,500-3,500 in additional monthly production. I'm guessing we'll see an exit right at or a bit above 50-51,000 boed... A Great Start heading into 2015 and a 2014 year end $9.60 per share market value.jf

    Sentiment: Strong Buy

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