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Halcon Resources sells operated Williston assets for $1.4 billion
Houston-based Halcon Resources Corp. (ticker: HK) announced Tuesday that the company sold its operated assets in the Willison Basin to an affiliate of Bruin E&P Partners, a portfolio company of Arclight Capital Partners, for $1.4 billion in cash. The company said it will keep its non-operated assets in the basin, although it may monetize them at a future date, according to Halcon’s press release.

Halcon plans to use the proceeds to pay down roughly two-thirds of the compa...

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