HOUSTON, TEXAS, Jan. 17, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced that its stockholders have approved 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 the Company's previously announced acquisition of two entities owning producing and undeveloped oil and gas assets in the Williston Basin.
Halcón's stockholders have also approved the amendment of the Company'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.
About Halcón Resources
Halcón Resources Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States.
CONTACT: Scott M. Zuehlke VP, Investor Relations (832) 538-0314