Houston-based energy co. emerges from bankruptcy, names new COO

Houston-based Halcón Resources Corp. announced after markets closed Oct. 8 that it had emerged from bankruptcy.

The upstream energy company’s financial restructuring eliminated more than $750 million in debt and more than $40 million of annual interest expense, according to an Oct. 8 press release. Halcón reported nearly $1.8 billion in total assets and nearly $945.2 million in total debts as of March 31 when it filed for Chapter 11 bankruptcy protection on Aug. 7. At the time, the company expected…

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