Lime Rock Acquires Field from Petrohawk

Lime Rock Resources has acquired the interests of Petrohawk Energy (NYSE: HK) in the West Edmund Hunton Lime Unit for $100 million as part of its strategy to acquire lower-risk producing oil and gas properties. Petrohawk was advised by RBC Capital Markets on the transaction, which is Lime Rock's second major acquisition in Oklahoma state this year. The firm previously acquired Potato Hills from The GHK Company for $107 million in March.