BATTALION OIL CORP — Director's Dealing 2012

Dec 13, 2012

SEC Form 3/A — Form 3/A

Issuer: HALCON RESOURCES CORP (HK)
CIK: 0001282648
Period of Report: 2012-12-06

Reporting Person: Petro-Hunt Holdings, LLC (10% Owner)
Reporting Person: William Herbert Hunt Trust Estate (10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
8% Automatically Convertible Preferred Stock	$		Common Stock (103741278)		Direct

Footnotes

F1: On December 6, 2012, pursuant to a Reorganization and Interest Purchase Agreement among Halcon Energy Properties, Inc., a wholly-owned subsidiary of Halcon Resources Corporation, and Petro-Hunt, L.L.C. and Pillar Energy, LLC dated as of October 19, 2012, Petro-Hunt Holdings, LLC acquired 10,374.1278 shares of 8% automatically convertible preferred stock (the "Preferred Stock") of Halcon Resources Corporation (the "Issuer").

F2: The 10,374.1278 shares of Preferred Stock will automatically convert into 103,741,278 shares of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer, subject to adjustment in specified circumstances, on the day immediately following the last to occur of: (a) approval by the Issuer's stockholders, and filing with the Secretary of State of the State of Delaware, of an amendment to the Issuer's Amended and Restated Certificate of Incorporation increasing the number of shares of Common Stock that the Issuer is authorized to issue from approximately 336.7 million shares to an amount sufficient to permit conversion of the Preferred Stock; (b) approval by the Issuer's stockholders of the issuance of the Common Stock to be issued upon conversion of the Preferred Stock; and (c) approval of the New York Stock Exchange of the listing of the Common Stock to be issued upon conversion of the Preferred Stock.

F3: Petro-Hunt Holdings, LLC directly owns the 10,374.1278 shares of Preferred Stock. William Herbert Hunt Trust Estate ("WHHTE") does not directly own any Preferred Stock; however, as the sole member of Petro-Hunt Holdings, LLC, WHHTE may be deemed to indirectly beneficially own the Preferred Stock held of record by Petro-Hunt Holdings, LLC.