BHP in $12.1bn Petrohawk takeover

Shale market: BHP's takeover of Petrohawk is the company's second major US shale gas acquisition this year

SCANPIX/AP Photo/Douglas C. Pizac

related stories

Russell Searancke

 15 July 2011 01:22 GMT

Australian resources giant BHP Billiton has made its second major US shale gas acquisition this year with a US$12.1 billion all-cash takeover of US company Petrohawk Energy.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index