Wolf Haldenstein Announces Investigation of GeoResources, Inc.

NEW YORK--(BUSINESS WIRE)--Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of GeoResources, Inc. (“GeoResources” or the “Company”) [NASDAQ:GEOI] arising out of the proposed acquisition of GeoResources by Halcón Resources Corporation (“Halcón”).

On Wednesday, April 25, 2012, Halcón and GeoResources announced that Halcón will acquire GeoResources pursuant to a cash and stock offer. Under the terms of the agreement, GeoResources stockholders will receive cash of $20 and 1.932 shares of Halcón common stock in exchange for each share of GeoResources common stock. However, the Company may not have adequately shopped itself before entering into this transaction and, pursuant to this proposed transaction, Halcón may be underpaying for GeoResources, thus unlawfully harming GeoResources shareholders.

Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm.

If you own GeoResources common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Gregory Nespole or Derek Behnke
Wolf Haldenstein Adler Freeman & Herz LLP
270 Madison Avenue
New York, New York 10016
Phone Numbers: (800) 575-0735
(212) 545-4600

Email: nespole@whafh.com
Classmember@whafh.com

Website: http://www.whafh.com

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