El Halcon Eagle Ford Play Map
Dallas-based Aresco-LP announced the sale of nine wells to Halcón Resources Corporation in March 2014 for an undisclosed amount.
The wells are located within Halcón's ~100,000-acre "El Halcón" core operating area in Brazos and Madison Counties.
“As our investors enjoy the opportunity to recycle capital into new projects, we wish Halcón best of luck as they continue their expansion throughout their El Halcón area of interest in East Texas.”
n 2014, Halcón plans on focusing much of it's activity in "El Halcón". The purchase of these wells from Aresco falls in-line with the company's opertations strategy.
Read more: Halcón Resources Will Spend 40% of its 2014 Budget in the Eagle Ford - ~$380 Million
“Our focus in 2014 is on drilling wells in the sweet spots of our de-risked acreage in the Williston Basin and El Halcón.”
Read more arescotx.com