Halcon Resources Announces Pricing Of Secondary Offering By Selling Shareholder

HOUSTON, TEXAS, Sept. 12, 2012 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced the pricing of an underwritten secondary offering of 35,000,000 shares of its common stock offered by EnCap Energy Capital Fund VIII L.P. (the "Selling Shareholder") at $7.00 per share.  The underwriters have a 30-day option to purchase up to 5,250,000 additional shares (100% secondary) of common stock from the Selling Shareholder.  Halcón will not sell any shares or receive any proceeds from the offering.  The offering is expected to close on or about September 18, 2012, subject to customary closing conditions.

Barclays, Goldman, Sachs & Co. and J.P. Morgan are acting as the joint book-running managers of the offering.  This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933, as amended.  Any offer, if at all, will be made only by means of a prospectus forming a part of the effective registration statement.  Copies of the preliminary prospectus may be obtained from:

Barclays c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717; [e-mail]; [phone]

Goldman, Sachs & Co. Prospectus Department 200 West Street New York, NY 10282; [e-mail]; [phone]

J.P. Morgan c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717; [phone]

The registration statement relating to the foregoing has previously been filed with the U.S. Securities and Exchange Commission and became effective upon filing.  This press release does not constitute an offer to sell or a solicitation of an offer to buy the shares of common stock or any other securities, nor will there be any sale of the shares of common stock or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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