Halcon Resources (HK) Annoucnes $400M Senior Debt Follow-On Offering

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Halcon Resources Corp (NYSE: HK) announced that, subject to market conditions, it intends to offer an additional $400 million in aggregate principal amount of its 8.875% senior unsecured notes due 2021. The senior notes are being offered as additional notes to the $750 million aggregate principal amount of 8.875% senior notes due 2021 that the Company sold in a private placement on November 6, 2012. The additional senior notes and the notes issued on November 6, 2012 will be treated as a single class of debt securities and will have identical terms, other than the issue date.

Halcón intends to use the net proceeds from the offering to repay outstanding indebtedness under its senior secured revolving credit facility and for general corporate purposes, including to fund a portion of the Company's 2013 capital expenditure program.

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