Halcón Pivots To Permian With $1.4 Billion Bakken Deal

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Shale oil producer Halcón Resources Corp said on Tuesday it would sell most of its North Dakota operations for $1.4 billion cash, part of a plan to shift its focus to Texas’ Permian Basin, the largest U.S. oilfield. The deal with privately held Bruin E&P Partners LLC focuses Halcón on the most-active area in the…

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