Officers.


Officer Incentive Awards

On June 7, 2012 (the "Grant Date"), the Compensation Committee of the Board of
Directors of Halcón Resources Corporation (the "Company") approved initial
incentive compensation awards for the officers set forth in the table below (the
"Officers").



Name                       Office

Floyd C. Wilson            Chief Executive Officer

Stephen W. Herod           President

Mark J. Mize               Executive Vice President-Chief Financial Officer and Treasurer

David S. Elkouri           Executive Vice President-General Counsel

Joseph S. Rinando, III     Vice President-Chief Accounting Officer

These initial awards include (i) options to purchase shares of the Company's common stock and (ii) restricted shares of the Company's common stock. The exercise price of the stock options is $10.13, which was the closing price of the Company's common stock as reported on the NYSE on the Grant Date. The options have a term of 10 years and will vest in three equal installments on the first three anniversaries of the Grant Date so long as such officer is employed by the Company or its affiliates on each anniversary of the Grant Date. The restricted stock units will also vest in three equal installments on the first three anniversaries of the Grant Date so long as such officer is employed by the Company or its affiliates on each anniversary of the Grant Date.

The following table sets forth the number of shares underlying stock options and the number of shares of restricted stock granted to the Officers on the Grant Date.

                                                          Restricted
                Name                 Stock Options       Stock  Units
                Floyd C. Wilson             125,000             35,000
                Stephen W. Herod            100,000             25,000
                Mark J. Mize                100,000             25,000
                David S. Elkouri             75,000             25,000
                Joseph S. Rinando            75,000             10,000

The Compensation Committee also approved cash bonus and equity award targets for the Officers. These awards will be made annually by the Compensation Committee in the ordinary course of business after year-end. Subject to performance measures, the Officers may receive annual cash bonuses of up to 200% of such officer's respective base salary and equity awards in amounts up to a percentage of such officer's base salary. The maximum annual equity award for each Officer is set forth in the chart below as a percentage of such Officer's respective base salary.

                    Name                Annual Equity Target
                    Floyd C. Wilson                       650 %
                    Stephen W. Herod                      500 %
                    Mark J. Mize                          500 %
                    David S. Elkouri                      300 %
                    Joseph S. Rinando                     250 %

Non-Employee Director Incentive Awards

On June 7, 2012, the Compensation Committee also approved an initial grant of restricted stock with a value equal to $50,000 to each non-employee director of the Company (the "Directors") or 5,000 shares of restricted stock based on the closing price of the Company's common stock on the Grant Date and rounded up to the nearest 100 shares. These restricted stock awards are subject to a six-month vesting period.

Longnecker & Associates also advised the Compensation Committee with respect to the Company's incentive compensation awards for non-employee directors.

(d) Exhibits. The following exhibit is filed as part of this Current Report on Form 8-K:

      Exhibit No.   Description

      10.1          Form of Stock Option Award Agreement

      10.2          Form of Employee Restricted Stock Agreement

      10.3          Form of Non-Employee Director Restricted Stock Agreement