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<TYPE>EX-99
<SEQUENCE>2
<FILENAME>ex99-1.txt
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Exhibit 99-1

The Common Stock of Halcon Resources Corporation reported in Table 1 and the
Warrants reported in Table 2 of the attached Form 4 are beneficially owned by
investment advisory clients ("Clients") of Franklin Advisers, Inc. (FAV) and
Franklin Templeton Institutional, LLC (collectively, the "Investment Management
Subsidiaries").

One Client of FAV, Franklin Income Fund, a series of Franklin Custodian Funds,
an investment company registered under the Investment Company Act of 1940, has
an interest of 28,306,773 shares, or 18.98% of the Common Stock.

The Investment Management Subsidiaries are wholly-owned subsidiaries of Franklin
  Resources, Inc. ("FRI").   The Common Stock and Warrants may be deemed to be
beneficially owned by the Investment Management Subsidiaries for purposes of
Rule 13d-3, and accordingly for purposes of section 16(a) under the Securities
Exchange Act of 1934, as amended (the "Act"), in their capacity as the
investment advisers to the Clients pursuant to investment management contracts
that grant them investment and/or voting power.  When an investment management
contract (including a sub-advisory agreement) delegates to an Investment
Management Subsidiary investment discretion or voting power over the securities
held in the investment advisory accounts that are subject to that agreement, FRI
  treats the Investment Management Subsidiary as having sole investment
discretion or voting authority, as the case may be, unless the agreement
specifies otherwise.

Beneficial ownership by FRI and the Investment Management Subsidiaries is being
reported in conformity with the guidelines articulated by the SEC staff in
Release No. 34-39538 (January 12, 1998) relating to organizations, such as FRI,
where related entities exercise voting and investment powers over the securities
  being reported independently from each other.  The voting and investment
powers held by Franklin Mutual Advisers, LLC ("FMA"), an indirect wholly- owned
investment management subsidiary of FRI, are exercised independently from FRI,
the Investment Management Subsidiaries and their other affiliates. Furthermore,
internal policies and procedures of FMA and FRI establish informational barriers
  that prevent the flow between FMA and FRI and its other affiliates, including
the Investment Management Subsidiaries, of information that relates to the
voting and investment powers over the securities owned by their investment
management clients. Consequently, FMA, on the one hand, and FRI and its other
affiliates, on the other hand, report the securities over which they hold
investment and voting power separately from each other for purposes of Sections
13 and 16 of the Act.

Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders")
each own in excess of 10% of FRI's outstanding common stock and are the
principal stockholders of FRI.  FRI and the Principal Shareholders may be deemed
   to be, for purposes of Rule 13d-3 under the Act, the beneficial owners of
securities held by persons and entities for whom or for which FRI's subsidiaries
  provide investment management services.  FRI, the Principal Shareholders and
the Investment Management Subsidiaries disclaim any pecuniary interest in any of
  the Common Stock and the Warrants.  In addition, the filing of this Form 4 on
behalf of the Principal Shareholders, FRI and the Investment Management
Subsidiaries should not be construed as an admission that any of them is, and
each disclaims that it is, the beneficial owner, as defined in Rule 13d-3, of
any of the Common Stock.

FRI, the Principal Shareholders, and the Investment Management Subsidiaries
believe that they are not a group within the meaning of Rule 13d-5 under the Act
  and that they are not otherwise required to attribute to each other the
beneficial ownership of the Common Stock and Warrants held by any of them or by
any persons or entities for whom or for which the Investment Management
Subsidiaries provide investment management services.












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