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Actionable news in HK: HALCON RESOURCES Corp,

Halcon Resources to sell some Williston assets for $1.4 billion; shares rise

Oil producer Halcon Resources Corp said on Tuesday it would sell assets it operates in the Williston Basin to Bruin E&P Partners for $1.4 billion in cash, as it looks to focus on the more lucrative Delaware Basin.

Halcon shares were up 40 percent at $6.30 in premarket trading.

The Delaware basin, part of the larger Permian...