Law360, New York (June 06, 2012, 2:44 PM ET) -- Energy giant Halcon Energy Resources Corp. will purchase an interest in East Texas oil and gas leases in a $378 million cash-and-stock deal to boost its presence in the oil-rich Woodbine shale formation, according to a Tuesday regulatory filing.
In the transaction, Halcon will fork over $222 million in cash plus 16.5 million of its shares to private oil and gas companies that are not named in the U.S. Securities and Exchange Commission filing. The Houston-based company expects to close the deal by the end of...
Halcon Pours $378M Into East Texas Oil, Gas Assets
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