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Petrohawk Energy Corp.

July 16, 2011

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Petrohawk surged after BHP Billiton Ltd., the world’s largest mining firm, agreed to buy the Houston energy company for about $12.1 billion in cash, betting US natural gas demand will gain. The deal marks CEO Marius Kloppers’s second foray into shale gas, forecast to make up half of US output by 2030, after the $4.75 billion buy of Chesapeake Energy assets in March.