MineLife's Wendt on BHP's Purchase of Petrohawk

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July 15 (Bloomberg) -- Gavin Wendt, senior resource analyst at MineLife Pty in Sydney, talks about BHP Billiton Ltd.'s agreement to acquire Petrohawk Energy Corp. for $12.1 billion in cash to extend its shale oil production in the U.S. Melbourne-based BHP, the world's largest mining company, will pay Petrohawk $38.75 a share, the two companies said today in a statement. (Source: Bloomberg)

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