employing this strategy over the course of his career. Wilson's most recent build-to-sell ventures include Petrohawk Energy (sold to BHP Billiton in 2011), 3TEC Energy (sold to Plains Exploration in 2003), and Hugoton Energy (sold
s highest allocations of capital at quarter-end all went to events within the merger-related credit sleeve: Petrohawk Energy Corp 7¼% bonds of 2018 (acquired by BHP Biliton), Complete Production Services Inc 8% bonds of 2016 (being
resources in Pennsylvania’s Marcellus Shale. In July, mining giant BHP Billiton announced a deal to acquire Petrohawk Energy Corp. and its 3.4 trillion cubic feet of primarily natural gas reserves for $12.1 billion. Already in 2012
Reuters. Back in July, the first large-cap company to go discount shopping was BHP Billiton when it purchased Petrohawk Energy for just over $15 billion. The deal, which gives BHP access to the highly coveted shale gas reserves, was struck
BHP raised its dividend by 22% but won't buy back shares, as speculated, because its $12.1B acquisition of Petrohawk Energy (HK) will absorb any extra cash. Shares -1.2% premarket. Insurers on edge as Hurricane Irene heads for east
LONDON (Reuters) - BHP Billiton's $12.1 billion agreed takeover of U.S. shale gas producer Petrohawk Energy Corp shows environmental concerns and weak margins have not cooled interest in this...
BANGALORE (Reuters) - Shares of U.S. oil and gas producers that own shale acreages rose on Friday, following major global miner BHP Billiton's bid to buy Petrohawk Energy at a hefty premium.
plans for bond buying "at this point." BHP to buy Petrohawk for $12.1B. BHP Billiton (BHP) has agreed to buy Petrohawk Energy (HK) for $12.1B in a deal that gives it access to large shale gas assets in the U.S. The $38.75 offer
Petrohawk Energy HK announced Thursday that it had accepted an all-cash offer from BHP Billiton BHP for $12.1 billion, or $38.75 per share
Petrohawk Energy HK announced first-quarter results Thursday, with average daily production of 826 million cubic feet of equivalent per day matching