1 HK 1.48
+0.07 (4.96%)    

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Tuscaloosa Marine Shale

We have ≈315,000 net acres leased or under contract in Louisiana and Mississippi that we believe are prospective for the Tuscaloosa Marine Shale formation. We signed a definitive agreement with credit funds and accounts managed by affiliates of Apollo Global Management, LLC (NYSE: APO), which will invest up to $400 million in our wholly owned subsidiary, HK TMS, LLC.

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