HOUSTON, TEXAS, Dec. 17, 2012 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón") todayannounced that it has set a record date and a meeting date for thespecial meeting of stockholders to consider and act upon thefollowing proposals:
- the issuance of approximately 108.8 million shares of Halcóncommon stock upon the conversion of the convertible preferred stockissued to Petro-Hunt Holdings, LLC and an affiliated entity inconnection with Halcón's previously announced acquisition of twoentities owning producing and undeveloped oil and gas assetsin the Williston Basin
- the amendment of Halcón's certificate of incorporation toincrease its authorized common stock by approximately 333.3 millionshares for a total of 670.0 million authorized shares of commonstock
Participants in SolicitationHalcón and its executive officers and directors may be deemed tobe participants in the solicitation of proxies in connection withthe proposals described above. Information regarding theparticipants in the proxy solicitation and a description of theirdirect and indirect interests, by security holdings or otherwise,will be contained in the proxy statement and other relevantmaterials to be filed with the SEC when they become available.
CONTACT: Scott M. Zuehlke VP, Investor Relations (832) 538-0314