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Petrohawk Closes Terryville Assets Sale

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In efforts to divest it’s non-core assets, Petrohawk announced on May 24 the closing of its Teryyville Field Louisiana assets for $320MM.  At closing the production was about 20 MMcfe/d.  The company has estimated the proved reserves to be about 110 Bcfe, of which 53% is proved developed.  The assets produce from Cotton Valley, Bossier and Hosston.

Below is a map of the Petrohawk Terryville area producing leases and an HPDI generated historical production chart for these leases.

 

Up to date A&D information can be found within the DNA Unconventional Update A&D folders in each play.

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Eric Roach

Eric Roach is the editor of Drillinginfo's blog, which was selected as the Top Oil & Gas Industry Blog based on visibility, engagement and relevance. He also prepares a weekly newsletter of top industry news for blog subscribers, and would be grateful if you would subscribe and tell your friends. (There's a box on the upper right of the page where you can subscribe).