Halcon Webcast, page-8

Hi Plough,

I was listening to the Lonestar Resources call this morning (that's LNR on the ASX). Apart from what I said yesterday about the quality of the information presented in their Qtrly - as far as I'm concerned it ought to be the template for all juniors to follow, this little gem was raised...

LNR is discussing acreage bolt ons and recent acquisitions. In their Eastern EFS (Brazos, Robertson and Burleson counties) - so El Halcon essentially - and the mighty Hawk (HK - Halcon Resources) has farmed into a small piece of their acreage (like 30% WI) and LNR is the operator. There was a hint of larger things to come also.

What was also interesting was their leasing costs ... average in Eastern EFS of about $2,400/acre (undeveloped).

BIt of snooze this HK Qtrly.

Wonder if some air comes out of the balloon today.