Interesting: EOG Resources says it’s now the largest #oil producer in the contiguous United States $EOG
Good morning from Day Two of the Howard Weil energy conference in New Orleans, in which $PXD, $COP, $EOG, $GPOR, $HES, $KOG & others present
NEW ORLEANS (Reuters) – More work needs to be done to develop Halcón Resources Corp’s (HK.N: Quote, Profile, Research, Stock Buzz) oil and natural gas assets before the company can be sold, Chief Executive Floyd Wilson said on Monday.
Executives have long stated that their endgame for the company, formed in 2011, would be a sale, although weak well results in Ohio’s Utica shale formation have hampered that goal. The company’s stock is down 45 percent in the past year.