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Petrohawk Energy Corporation
Company type
Public
Industry
Energy / Oil and gas
Founded
2003
Successor
BHP Billiton
Headquarters
Houston, Texas, United States
Area served
United States
Key people
Floyd Wilson (Chairman), (President) & (CEO)
Products
Petrochemical
Revenue
US$ 883.40 million (2007)
Operating income
US$ 250.65 million (2007)
Net income
US$ 52.90 million (2007)
Total assets
US$ 4.672 billion (2007)
Total equity
US$ 2.008 billion (2007)
Number of employees
262 (2008)
Website
www.petrohawk.com
Petrohawk Energy Corporation was an independent energy company headquartered in Houston, Texas. Founded in 2003, Petrohawk grew rapidly through mergers and acquisitions. The company was originally known as Beta Oil & Gas until shareholders approved a name change on July 15, 2004.
In November 2004, Petrohawk bought Wynn-Crosby for $425 million, marking its first large acquisition. The Wynn-Crosby/ Petrohawk transaction was named the “2004 M&A Deal of the Year” by The Oil and Gas Investor.[1] In July 2005, Petrohawk merged with Mission Resources, nearly doubling in size. One year later, Petrohawk bought KCS Energy for 80 million shares of stock and approximately $900 million in cash. Beginning in 2007, Petrohawk began acquiring acreage in the Haynesville Shale, and in 2008 successfully began an extensive, $500 million drilling program.[2]
On July 15, 2011, BHP Billiton acquired Petrohawk for an all-cash offer of $US38.75 per share.[3]
Petrohawk Energy Corporation was an independent energy company headquartered in Houston, Texas. Founded in 2003, Petrohawk grew rapidly through mergers...
2011). "BHP Billiton to Buy Petrohawk for $12.1 Billion". The New York Times. Retrieved 14 July 2011. "BHP Billiton and Petrohawk Corporation announce merger...
company purchased BHP's shale assets in Texas and Louisiana, including Petrohawk Energy, for $10.5 billion, which were integrated with its subsidiary BPX...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
v t e BHP Assets Acquisitions Oz Minerals Petrohawk WMC Resources People Philip Aiken James Balderstone Chip Goodyear Marius Kloppers Essington Lewis...
the Eagle Ford basin, has been called "one of the fathers of fracking". Petrohawk drilled the first well to unconventionally produce gas from the Eagle...
Global Information
US$ 883.40 million (2007)
US$ 52.90 million (2007)