Halcon Resources amends revolver to provide additional flexibility

By Tali Rackner

Norfolk, Va., Oct. 30 – Halcon Resources Corp. amended its senior revolving credit agreement on Thursday with JPMorgan Chase Bank, NA as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The amendment, among other things, provided the company additional flexibility with respect to exchanges and repurchases of senior unsecured notes, reaffirmed the borrowing base at $850 million and scheduled the next borrowing base redetermination for March 1, 2016.

Halcon Resources is an oil and natural gas company based in Houston.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.