Petrohawk Energy Corp.

Transaction Type
Sellers
Marketers
Field
Terryville Field, WEHLU Field
Post Date
Estimated Price
MM
Description

Petrohawk Energy Corp., Houston, (NYSE: HK) has retained three separate advisors to sell interests in northern Louisiana and central Oklahoma.

Bank of America Merrill Lynch has been retained to sell its interests in Terryville Field in Lincoln Parish, Louisiana. The assets include a 96% operated interest with production of 22 million cubic feet per day. Contact Randy King, 713-759-2528, randy_king@ml.com.

RBC Richardson Barr has been retained to sell interests in its WEHLU Field in central Oklahoma involving an 84% interest and production of 12 million cubic feet per day. Contact Craig Lande, 713-585-3300, craig.lande@rbccm.com.

Barclays Capital has been retained to sell midstream interests in the Haynesville shale. Contact Greg Pipkin, 713-236-3954, gpipkin@barcap.com.

The company is also planning to offer later in 2010 additional nonoperated Midcontinent gas interests in the Arkoma and Anadarko basins producing 20 million cubic feet per day.

Further information on these packages is forthcoming.