Petrohawk has announced it is once again divesting non-core assets, this time their Oklahoma assets are included. Included are their Anadarko and Arkoma Basin operated and non-operated assets. Below is a map of all of their operated Oklahoma producing assets.
This is no surprise considering they have been actively raising cash and selling off their non-core assets for a while. Just a couple months ago they sold their Terryville LA assets. The Anadarko Basin package includes further drilling opportunities and behind-pipe recompletions, possibly for the Woodford Shale. The Arkoma package contains a non-operated Woodford Shale position.
Check the Woodford Shale Unconventional Update for more things Woodford. All that is required is a Drillinginfo login.
Justin Birmingham
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