BHP Billiton Chairman, Jac Nasser, said: “The Board remains of the view that the investment in the US shale assets is the right decision for BHP Billiton shareholders. The assets we acquired, in particular the substantial Petrohawk business, are of high quality and will generate good returns for shareholders. The Board supports the actions of Marius and Petroleum CEO, Mike Yeager, to optimise shareholder value by shifting our current drilling plans from the dry gas fields in Fayetteville and Haynesville, to the liquids rich fields in the Permian and Eagle Ford.
