Replies to post #2555 on Battalion Oil Corp (BATL)

[Timothy Smith]

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.