Milagro to pay 825MM for Petrohawk Gulf Coast

摘要

Bob Cavnar's privately held Milagro Development I LP,Houston,company plans to buy the Gulf Coast division of Petrohawk Energy Corp.,Houston,(NYSE:HK)for 825 million in cash and a note.The assets include properties on the Texas,Louisiana and Mississippi Gulf coasts that include major discoveries in the Nabors,Colson and Winchester fields.Production is 100 million cu.ft.of gas equivalent per day.