Halcón Resources Corporation provided earnings guidance for the year of 2015. The company expects to produce an average of 40,000 barrels to 45,000 barrels of oil equivalent per day (Boe/d) in 2015. The company is significantly hedged throughout 2015 and into 2016.

Based on the midpoint of the aforementioned 2015 production guidance range, the company is approximately 88% hedged on its estimated oil volumes at a weighted average price of $87.29/Bbl and approximately 86% hedged on its estimated natural gas volumes at a weighted average price of $4.00/MMBtu. The company expects to spend approximately $20 million on leasehold, infrastructure, seismic and other in 2015.