TEXAS: Petrohawk expands stake in Fayetteville Shale

Petrohawk Energy Corp. agreed to buy an additional 18,500 acres in the Fayetteville Shale

Production from the properties is about 5 million cubic feet of natural-gas equivalent per day, the Houston-based company said today in a PRNewswire statement. area for $222.5 million to expand drilling locations.

Via: Bloomberg

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