UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~March~~September 415, 2015

HKN, INC.

(Exact Name of registrant as specified in its charter)

Delaware	1-10262	95-2841597
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

180 State Street, Suite 200 Southlake, Texas		76092
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (817) 424-2424

Former Name or Former Address, if Changed Since Last Report: Not applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o [_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o [_] Soliciting material ~~pursuant~~ pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o [_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o [_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

WeOn ~~have~~September ~~previously~~15, ~~disclosed~~ 2015, the ~~2011~~Company ~~sale~~and byits ~~our~~affiliate Global ~~subsidiary~~Energy ~~XPLOR~~Development ~~Energy~~PLC ~~SPV~~(“Global”) extended a $10 million short-1term secured loan to Everest Hill Group, Inc. (“~~XPLOR~~Everest Hill”), ofthe ~~its~~Company’s ~~oil~~controlling ~~and~~stockholder. ~~gas~~The ~~production~~Company ~~assets~~loaned ~~and~~$2 ~~related operations~~million atof ~~its~~the ~~Main~~total ~~Pass~~loan ~~35 field~~amount, and ~~the~~Global ~~alleged~~loaned ~~defects~~the inremaining ~~the~~$8 ~~salt~~million. ~~water~~The ~~disposal~~principal ~~system~~amount atof ~~Main~~the ~~Pass~~loan ~~resulting~~is payable in afull ~~salt~~on ~~water spill~~March in15, 2016, and the ~~Gulf~~loan bears ofinterest ~~Mexico,~~which ~~the~~is ~~criminal~~payable ~~investigation~~monthly byat the ~~U.S.~~annual ~~Environmental~~rate ~~Protection~~of ~~Agency~~12%. ofThe ~~such~~loan ~~salt~~is ~~water~~secured ~~spill,~~by the ~~Bill~~ pledge of ~~Information~~264,323 ~~filed~~shares byof the ~~U. S. Attorney~~Company’s common ~~Office~~stock inand ~~New Orleans~~9, ~~Louisiana~~378,638 ~~and~~ordinary ~~the~~shares ~~plea~~of ~~agreement~~Global ~~with~~owned ~~the~~by ~~U.S~~subsidiaries ~~Attorney’s office~~of ~~with~~Everest ~~regard~~Hill. toThe ~~resolving~~Company ~~the~~currently ~~one-count~~owns ~~Bill~~approximately 35% of ~~Information~~Global’s outstanding ordinary shares.

On March 4, 2015, U.S. District Court for the Eastern District of Louisiana held the sentencing hearing for this matter and accepted the plea agreement pursuant to which XPLOR pled guilty to one felony count of a knowing violation of the Clean Water Act, Title 33, United States Code, Section 1319(c)(2)(A). Upon acceptance of the plea, XPLOR was sentenced, as set forth in the plea agreement, to a total criminal penalty of $3.1 million and three years of probation. Of the $3.1 million penalty, the Court sentenced XPLOR to pay $600 thousand of that penalty as an organizational community service payment to the Louisiana Department of Environmental Quality. The ~~Court sentenced~~transaction ~~XPLOR to pay the penalty as follows: the community service payment of $600 thousand~~ was toapproved beby ~~paid in full on~~ the ~~day~~Company’s ofaudit ~~sentencing~~committee, ~~and~~which ~~the remaining fine of $2.5 million~~ is tocomprised beentirely ~~paid to the United States Treasury in installments, with the first installment~~ of ~~$175~~independent ~~thousand paid at sentencing and the remaining installments of $775 thousand are to be paid every 90 days thereafter~~directors. XPLOR arranged for payment of its first installment of $775 thousand at the sentencing hearing. In exchange for the guilty plea, the Government agreed to not bring any further charges to XPLOR or any other individuals arising from conduct that was revealed during the investigation.

~~SIGNATURE~~The Company’s press release announcing this transaction is attached as Exhibit 99.1 to this report.

~~Pursuant~~Item to9.01. ~~the~~Financial ~~requirements~~Statements ofand ~~the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized~~Exhibits.

Dated: March 6, 2015		HKN, Inc.
	By:	/s/ Sarah B. Gasch
		Sarah B. Gasch
		Executive Vice President and Chief Operating Officer

(d)		Exhibits.

		Exhibit 99.1 – Press Release, dated September 15, 2015.

2SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Dated: September 15, 2015	HKN, Inc.


	By:	/s/ Sarah B. Gasch
		Sarah B. Gasch
		Executive Vice President and Chief Operating Officer

Filing Compare · HKN, Inc.