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Petrohawk Looks To Raise $1B In 2010 Via Asset Sales In LA, OK

Published Nov 5, 2009

Petrohawk Energy Corp., Houston, (NYSE: HK) reports that it has identified more than $1 billion in potential asset transactions during 2010 to enhance liquidity. The assets may involve the company’s midstream assets, divesting Terryville Field in northwestern Louisiana, divesting its interest in the West Edmond Hunton Lime Unit in central Oklahoma, as well as other noncore assets.