Petrohawk Reduces 2009 Capital Budget, Focused on Haynesville and Fayetteville Development
October 1st, 2008… its 2009 capital budget by a third and reallocate spending to more heavily weight projects with the highest internal rates of return … capitalization. The 2009 capital budget, which includes drilling, completions, seismic and facilities, is currently $1.0 billion, …