29 April 2024
Halcon refocuses on oil in Delaware after North Dakota shale sale
Publication date: 14 July 2017
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US shale producer Halcon Resources has agreed to sell all of its operated shale assets in the Williston basin of North Dakota to Bruin E&P Partners for USD 1.4 billion, with Halcon to shift its focus to the oil-rich Delaware shale play in Texas.
The deal will see Halcon divest assets producing approximately 29,000 boe/d, with Halcon having been entitled to 7,500 boe/d of the total.