Petrohawk
| File:Petrohawk.jpg | |
| Public | |
| Industry | Energy / Oil and Gas |
| Successor | BHP Billiton |
| Founded | 2003 |
| Headquarters | Houston, TX, USA |
|
Area served
|
USA |
|
Key people
|
Floyd C. Wilson (Chairman), (President) & (CEO) |
| Products | Petrochemical |
| Revenue |  US$ 883.40 million (2007) |
| US$ 250.65 million (2007) |
|
 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 | 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]
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ [1][dead link]
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
| Assets |
|
||||||||
|---|---|---|---|---|---|---|---|---|---|
| Acquisitions |
|
||||||||
| People | |||||||||
| Other | |||||||||
|
|||||||||
