Petrohawk Completes Sale of Gulf Coast Division

Petrohawk Energy reported that the previously announced sale of its Gulf Coast division for total consideration of $825 million closed on November 30, 2007. Through the closing date, the properties sold were producing approximately 100 Mmcfe/d, which was accounted for in the Company's fourth quarter 2007 and full year 2008 production guidance issued November 8, 2007.

Petrohawk Energy Corporation is an independent energy company engaged in the acquisition, production, exploration and development of natural gas and oil with properties concentrated in North Louisiana, Arkansas, East Texas, Oklahoma and the Permian basin.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Division Order Analyst - DJ Land Administration
Expertise: Business Analyst|Commercial Management|Landman
Location: Denver, CO
Staff Land Analyst Job
Expertise: Lease Analyst
Location: Houston, TX
Channel Development Manager Job
Expertise: Business Development|Sales
Location: Minneapolis, MN
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours