Tuesday, September 30, 2008

Floyd C. Wilson!!! ~ Petrohawk Energy Corporation (Public, NYSE:HK)



Faith in FLOYD!!!

21.71+3.22 (17.41%)



.... BOTD wins.

Trader? ... take profits.

9 comments:

jd said...

I shorted DZZ and bought SIL as a gold/silver play.

seizure said...

i'll do SIL also JD.

BUY ON THE DIP said...

VISA

61.25 +3.45 (5.97%)

Anonymous said...

yes.. big day for hk .. im out


go team

BUY ON THE DIP said...

Floyd speaks!!!

Floyd C. Wilson, Chairman, President and Chief Executive Officer of Petrohawk Energy Corporation (NYSE: HK), will present at the Merrill Lynch Global Energy Mid and Small Cap Conference on Wednesday, October 1, 8:00 a.m. Eastern Daylight Time. The presentation will be given at the Merrill Lynch Conference and Client Center, located at 623 Fifth Avenue, New York City, and is open to registrants of the Merrill Lynch conference. Others may join via webcast by following the link provided on the Company's website, http://www.petrohawk.com.

localandbitter said...

Sold my HK and Nov @$25 Calls. =)

Go team.

Anonymous said...

sold comm hk

Anonymous said...

any takers for AIG;ABK;SOV as bailout plays? any thoughts?

BUY ON THE DIP said...

Petrohawk cutting capital budget by a third

Petrohawk Energy to cut budget by a third, will focus on Haynesville, Fayetteville shales
October 01, 2008: 08:11 AM EST


NEW YORK (Associated Press) - Oil and gas producer Petrohawk Energy Corp. said Wednesday it is cutting its 2009 capital budget by a third and will focus on developing its Haynesville and Fayetteville shale projects.

The Houston-based company said it plans to spend $1 billion on drilling, completions, seismic and facilities in 2009, down from a previously announced capital budget of $1.5 billion.

Petrohawk said it has no current plans or need to raise money by selling shares as it has access to some $1.1 billion in credit.

The company's production guidance for 2009 represents 25 percent to 35 percent in drillbit growth over its 2008 estimated annual production of 305 million cubic feet of natural gas equivalent per day.

Petrohawk also reaffirmed its third-quarter production guidance range of 310 million to 320 million cubic feet equivalent per day and its 2008 guidance of 295 million to 315 million cubic feet equivalent per day.

The company added that it's looking at possibly selling off some Permian Basin region properties in 2009.