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Halcon Resources Hires Bankruptcy Law Firm to Help “Chart Course” | Marcellus Drilling News
Halcon Resources is a driller that “guessed wrong” by leasing 140,000 Utica Shale acres in the northern part of the play (in Ohio) and currently doesn’t drill in any of that acreage. In January the company suspended paying dividends (see Halcon Resources Suspends Dividend Payments for Preferred Stock). In February the company issued an "everything