SEC Filing Summary: Halcón Resources Corporation (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Halcón Resources Corporation on March 8, 2013. The filing addresses "Other Events" and the submission of financial exhibits related to significant corporate transactions.
Key Financial Metrics
The filing does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references an attached exhibit (Exhibit 99.1) containing unaudited pro forma condensed statements of operations for the year ended December 31, 2012. These statements give effect to recent acquisitions and a merger but the specific financial figures are not included in the text of this report.
Material Changes and Transactions
The filing discloses the following material transactions reflected in the pro forma financial information:
- Merger with GeoResources, Inc.
- Acquisition of 20,628 net acres of oil and gas leasehold in East Texas (East Texas Assets).
- Acquisition of entities owning approximately 81,000 net acres prospective for the Bakken / Three Forks formations in North Dakota (Williston Basin Assets), located primarily in Williams, Mountrail, McKenzie, and Dunn Counties.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or contingencies beyond the disclosure of the transactions themselves. The pro forma information is prepared in accordance with Article 11 of Regulation S-X.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific unaudited pro forma financial figures resulting from the GeoResources merger and asset acquisitions.
- Verify the integration status and operational impact of the 81,000 net acres in the Williston Basin and 20,628 net acres in East Texas.
- Confirm the final terms of the merger with GeoResources, Inc. as reflected in the pro forma statements.