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Petrohawk Energy has an eye on increased production

 Jun 10, 2008 06:20 PM UTC
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Filed under: Commodities, Oil, Stocks to Buy

Readers of this space know that one of the preferred sectors has been the oil / natural gas sector, due to the projected U.S. demand growth rates for each commodity, and due to the likely increased value of each, prompted by emerging market development. And with the above in mind, Petrohawk Energy is worth a review.

Petrohawk Energy Corporation (NYSE: HK) is an independent oil/natural gas exploration, development, and production company with operations primarily in East Texas/North Louisiana, in Gulf Coast region (onshore), and in the Permian, Anadarko, and Arkoma basins.

Petrohawk boasts 1.1 trillion cubic feet of proved natural gas reserve equivalent and 10,500 identified locations.

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