- Petrohawk
Petrohawk Energy Corporation (NYSE: HK) is an independent energy company headquartered in Houston, Texas. Founded in 2003, Petrohawk has grown 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". Oil and Gas Investor Awards, 2004. [http://www.oilandgasinvestor.com/ www.oilandgasinvestor.com] ] 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. [http://www.petrohawk.com/news/ www.petrohawk.com] ] Infobox_Company
company_name = Petrohawk Energy Corporation
company_type = Public
company_slogan =
foundation =2003
location =Houston, TX
key_people = Floyd Wilson, President & CEO
industry =Energy /Oil andGas
num_employees = 300
products =Petrochemical
revenue = profit$587.8 million (2006) [From the 2/28/2007 SEC release, which can be found on the company's website. [http://www.petrohawk.com/news/ www.petrohawk.com] ]
homepage = [http://www.petrohawk.com/ petrohawk.com]References
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