Halcon CEO Floyd Wilson: “What’s the Utica?”
In January, MDN told you the news that Halcon Resources, with with some 140,000 net acres in the Ohio Utica Shale, would not do any Utica drilling in 2015 (see Halcon Resources: Slashes Drilling Budget 50%, No Utica for 2015). Yesterday Halcon held an analyst/investor conference call to discuss the company's 2014 results and 2015 projections. On the call was Floyd Wilson--the very straight-talking CEO of Halcon who once said he would drill no more, well, er, "substandard" wells in the Utica (see Halcon CEO Says No More S***** Wells in Northern OH Utica). The Utica came up precisely once on yesterday's phone call. Here's what the colorful Wilson said during a Q&A...
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