Petrohawk Energy (HK +3.9%) is selling a 50% stake in its Haynesville shale treating unit to...

|By:, SA News Editor

Petrohawk Energy (HK +3.9%) is selling a 50% stake in its Haynesville shale treating unit to Kinder Morgan Energy Partners (KMP) for $875M. The deal brings Petrohawk's 2010 divestitures to around $1.4B, which will be used to shore up the company's liquidity position. (PR)