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