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Timothy Smith

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Timothy Smith

Re: rocky113 post# 2555

Thursday, 08/23/2012 8:53:33 AM

Thursday, August 23, 2012 8:53:33 AM

Post# of 4635
Financial highlights - 2nd quarter

The company reported the second-quarter financial results on August 2nd with the following highlights:

Revenue $23.3 million
Net loss $0.59 per share
Cash $219 million

Halcón reaffirmed the following previously disclosed production guidance during the second-quarter earnings release:

Production (Boe/d) 3Q12E 4Q12E FY12E, respectively

Low 11,000 17,000 9,000
High 13,000 20,000 11,000

On a pro forma basis, average daily production for the second quarter of 2012 was approximately 14,900 Boe/d, which represents 10% growth compared to the first quarter of 2012.

"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink

Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.

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