BHP's Purchase of Petrohawk, Shale Oil Production

BHP's Purchase of Petrohawk, Shale Oil Production Play

July 15 (Bloomberg) -- Gavin Wendt, senior resource analyst at MineLife Pty in Sydney, talks about BHP Billiton Ltd.'s agreement to acquire Petrohawk Energy Corp. for $12.1 billion in cash to extend its shale oil production in the U.S. Melbourne-based BHP, the world's largest mining company, will pay Petrohawk $38.75 a share, the two companies said today in a statement. (Source: Bloomberg)

  • On Air Now

    Political Capital with Al Hunt Watch Now

  • Next

    Titans at the Table: The Rise of Macau

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus