s most recent build-to-sell ventures include Petrohawk Energy (sold to BHP Billiton in 2011) 3TEC Energy (sold ..... the wildly successful multibillion-dollar sale of Petrohawk Energy to BHP Billiton the year prior, took the helm of
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
Aug 3 (Reuters) - Oil and natural gas company Petrohawk Energy Corp , which agreed to be bought by global miner BHP Billiton , posted a quarterly profit that lagged analysts' estimates hurt by higher costs.
Billiton ( BHP ) announced that it is dusting off its wallet to the tune of $15.1 billion to buy shale gas focused Petrohawk Energy ( HK ). This follows BHP's almost $5 billion foray into the Fayetteville shale gas acreage purchased from Chesapeake
LONDON (Reuters) - Top global miner BHP Billiton will do more to boost its diversification into energy with bolt-on and other deals even after its $12.1 billion bid for Petrohawk Energy unveiled on...
SYDNEY/PERTH (Reuters) - Top global miner BHP Billiton will buy U.S. Petrohawk Energy Corp for $12.1 billion in cash, ramping up its bets on the booming but environmentally controversial shale gas...
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...