HOUSTON, TEXAS, Aug. 8, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the"Company") today announced that it has priced $400 millionaggregate principal amount of senior unsecured notes due 2022 (the"Notes") in a private offering. The Notes will bear interestat a rate of 9.25% per annum and will be issued at par. Theprivate offering was upsized from the previously announced $300million aggregate principal amount of Notes. Halcón intends to use the net proceeds from the offering torepay a portion of the outstanding borrowings under its seniorsecured revolving credit facility, which has been, and willcontinue to be, drawn upon to partially fund acquisitions of bothleasehold and producing properties in core areas. The securities were offered to qualified institutional buyerspursuant to Rule 144A and to certain persons in offshoretransactions pursuant to Regulation S, each under the SecuritiesAct of 1933 (the "Securities Act"), as amended. The Companyexpects to close the offering on or about August 13, 2013. The Notes have not been registered under the Securities Act orany state securities laws and may not be offered or sold in theUnited States except pursuant to an applicable exemption from theregistration requirements of the Securities Act and applicablestate securities laws. This press release shall notconstitute an offer to sell or the solicitation of an offer to buythe securities. Forward-Looking Statements This release contains forward-looking statementswithin the meaning of Section 27A of the Securities Act of 1933 andSection 21E of the Securities and Exchange Act of 1934. Forward-looking statements are based on current beliefsand expectations and involve certain assumptions orestimates that involve various risks and uncertainties,such as financial market conditions, changes in commodities pricesand the other risks discussed in detail in Halcón's Annual Reporton Form 10-K for the year ended December 31, 2012 and othersubsequent filings with the Securities and ExchangeCommission. Readers should not place undue reliance on anysuch forward-looking statements, which are made only as of the datehereof. The Company has no duty, and assumes noobligation, to update forward-looking statements as a resultof new information, future events or changes in theCompany's expectations.