Past year: ▲ 156%(15.13 – 38.76 USD)
Each one in plain English, with the numbers worked through for a shareholder.
24 May 2010drilling progress report▲ GoodMajor
On May 24, 2010 Petrohawk said its Kinder Morgan Haynesville midstream joint venture ($875 million) and the $320 million Terryville Field sale had closed, bringing 2010 asset sales to about $1.37 billion against a $1 billion target. It also lowered 2010 production guidance to 650-660 MMcfe/d from 670-680 and gave 2010-2012 capital spending guidance, with 2010 at $2,130 million.
8 Feb 2007drilling progress report▲ GoodMajor
Petrohawk reported that its Q4 2006 net production rate was 318 Mmcfe/d, up 175% from Q4 2005 net of divested properties that were producing about 30 Mmcfe/d. It cited divestments, voluntary price-related shut-ins in early October and completion delays as affecting the quarter, and said divestments brought in about $135 million. It set a 2007 capital budget of about $575 million, with about 65% of 2007 production hedged at average floors of $7.22/Mmbtu gas and $63.05/Bbl oil. The company's address is now 1000 Louisiana, Suite 5600.
