BHP Billiton to Acquire Petrohawk for $12.1 Billion in Cash

BHP Billiton to Acquire Petrohawk for $12.1 Billion in Cash

BHP Billiton Ltd. via Bloomberg

Shown here are BHP Billiton Ltd.'s operations at United Kingdom Petroleum, in Liverpool Bay, U.K.. BHP Billiton Ltd.'s purchase of Petrohawk would be the largest acquisition of a U.S. exploration and production company since Exxon Mobil Corp. bought XTO Energy Inc. for $34.9 billion in 2009, according to Bloomberg data.