Petrohawk Energy Corporation

(NYSE:HK)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	3,879	1,075	7,199	1,812
Restricted Cash	—	—	—	—
Marketable Securities	252,719	489,711	—	—
Accounts Receivable	215,780	212,328	174,293	148,138
Loans Receivable	—	—	—	—
Other Receivable	55,230	3,299	135	12,369
Receivables	271,010	215,627	174,428	160,507
Raw Materials	—	—	—	—
Work in Progress	—	—	—	—
Purchased Components	—	—	—	—
Finished Goods	—	—	—	—
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	—	—	—	—
Prepaid Expenses	19,071	23,126	22,197	21,019
Current Deferred Income Taxes	—	115,490	50,285	5,855
Other Current Assets	—	—	—	—
Total Current Assets	546,679	845,029	254,109	189,193
Land and Improvements	6,502,520	5,341,422	4,515,632	3,924,869
Building and Improvements	—	—	—	—
Machinery Furniture and Equipment	—	—	—	—
Construction in Progress	—	—	—	—
Other Fixed Assets	94,838	50,317	33,714	18,940
Total Fixed Assets	6,597,358	5,391,739	4,549,346	3,943,809
Gross Fixed Assets	6,597,358	5,391,739	4,549,346	3,943,809
Accumulated Depreciation and Depletion	1,044,344	945,263	858,879	776,035
Net Fixed Assets	5,553,014	4,446,476	3,690,467	3,167,774
Intangibles	—	—	—	—
Cost in Excess	933,914	933,916	933,920	933,945
Non Current Deferred Income Taxes	—	—	—	—
Other Non Current Assets	47,479	34,290	114,323	381,527
Total Non Current Assets	6,534,407	5,414,682	4,738,710	4,483,246
Total Assets	7,081,086	6,259,711	4,992,819	4,672,439
Liabilities
Current Liabilities
Accounts Payable	61,467	44,194	24,867	25,751
Notes Payable	—	—	—	—
Short Term Debt	7,050	5,539	2,266	828
Accrued Expenses	48,272	51,445	25,010	37,557
Accrued Liabilities	163,110	143,782	255,348	268,163
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	17,582	—	—	—
Other Current Liabilities	222,316	468,420	119,325	28,198
Total Current Liabilities	519,797	713,380	426,816	360,497
Non Current Liabilities
Long Term Debt	1,829,713	1,831,337	1,560,849	1,595,127
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	748,061	676,097	677,224	674,968
Other Non Current Liabilities	41,331	138,605	68,210	32,950
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	3,138,902	3,359,419	2,733,099	2,663,542
Total Liabilities	2,619,105	2,646,039	2,306,283	2,303,045
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	3,942,184	2,900,292	2,259,720	2,008,897
Common Par	251	222	193	171
Additional Paid in Capital	3,647,636	2,911,238	2,177,929	1,871,516
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	294,297	-11,168	81,598	137,210
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	—	—	—
Total Capitalization	5,771,897	4,731,629	3,820,569	3,604,024
Cash Flow	524,195	247,237	399,150	448,058
Working Capital	26,882	131,649	-172,707	-171,304
Free Cash Flow	-2,020,160	-1,105,518	-517,526	-688,045
Invested Capital	5,771,897	4,731,629	3,820,569	3,604,024
Total Equity	3,942,184	2,900,292	2,259,720	2,008,897
Total Liabilities and Stock Equity	7,081,086	6,259,711	4,992,819	4,672,439

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Assets
Current Assets
Cash & Equivalents	1,812	5,593	12,911
Restricted Cash	—	—	—
Marketable Securities	—	—	—
Accounts Receivable	148,138	155,582	68,087
Loans Receivable	—	—	—
Other Receivable	12,369	68,234	1,286
Receivables	160,507	223,816	69,373
Raw Materials	—	—	—
Work in Progress	—	—	—
Purchased Components	—	—	—
Finished Goods	—	—	—
Other Inventories	—	—	—
Inventories Adjustments and Allowances	—	—	—
Inventories	—	—	—
Prepaid Expenses	21,019	17,303	5,393
Current Deferred Income Taxes	5,855	—	18,304
Other Current Assets	—	—	—
Total Current Assets	189,193	246,712	105,981
Land and Improvements	3,924,869	3,439,260	1,258,943
Building and Improvements	—	—	—
Machinery Furniture and Equipment	—	1,512	—
Construction in Progress	—	—	—
Other Fixed Assets	18,940	8,030	5,063
Total Fixed Assets	3,943,809	3,448,802	1,264,006
Gross Fixed Assets	3,943,809	3,448,802	1,264,006
Accumulated Depreciation and Depletion	776,035	382,759	123,056
Net Fixed Assets	3,167,774	3,066,043	1,140,950
Intangibles	—	—	132,029
Cost in Excess	933,945	938,584	—
Non Current Deferred Income Taxes	—	—	—
Other Non Current Assets	381,527	28,317	31,214
Total Non Current Assets	4,483,246	4,032,944	1,304,193
Total Assets	4,672,439	4,279,656	1,410,174
Liabilities
Current Liabilities
Accounts Payable	25,751	295,951	90,017
Notes Payable	—	—	—
Short Term Debt	828	5,700	2,788
Accrued Expenses	37,557	—	—
Accrued Liabilities	268,163	—	—
Deferred Revenues	—	—	—
Current Deferred Income Tax Liabilities	—	22,382	—
Other Current Liabilities	28,198	7,986	51,081
Total Current Liabilities	360,497	332,019	143,886
Non Current Liabilities
Long Term Debt	1,595,127	1,326,239	495,801
Capital Lease Obligations	—	—	—
Deferred Income Tax Liabilities	674,968	633,883	153,155
Other Non Current Liabilities	32,950	59,171	90,874
Minority Interest Liabilities	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—
Preferred Equity Outside Stock Equity	—	—	—
Total Non Current Liabilities	2,663,542	2,351,312	883,716
Total Liabilities	2,303,045	2,019,293	739,830
Shareholders' Equity
Preferred Stock Equity	—	—	1
Common Stock Equity	2,008,897	1,928,344	526,457
Common Par	171	169	74
Additional Paid in Capital	1,871,516	1,843,862	558,452
Cumulative Translation Adjustment	—	—	—
Retained Earnings	137,210	84,313	-32,033
Treasury Stock	—	—	-36
Other Equity Adjustments	—	—	—
Total Capitalization	3,604,024	3,254,583	1,022,259
Cash Flow	448,058	377,618	58,147
Working Capital	-171,304	-85,307	-37,905
Free Cash Flow	-688,045	-876,415	-137,394
Invested Capital	3,604,024	3,254,583	1,022,259
Total Equity	2,008,897	1,928,344	526,458
Total Liabilities and Stock Equity	4,672,439	4,279,656	1,410,174