Daniel P. Rohling has succeeded Jon Wright as executive vice-president and chief operating officer of Halcon Resources Corp. following the company’s emergence from bankruptcy under Chapter 11 of the US Bankruptcy Code.
The company completed its financial restructuring, eliminating more than $750 million in debt and $40 million of annual interest expense.
Rohling has 15 years of oil and gas operations experience and most recently served as the asset vice-president at Ajax Resources LLC until it sold most of its assets to Diamondback Energy Inc. in October 2018 for $1.2 billion (OGJ Online, Aug. 10, 2018).
Halcon entered into a restructuring support agreement on Aug. 2 and filed a prepackaged bankruptcy plan on Aug. 7. The bankruptcy filing was the second in nearly 3 years (OGJ Online, July 29, 2016). That same month, Ragan T. Altizer was appointed executive vice-president, chief financial officer, and treasurer (OGJ Online, Aug. 16, 2019).
