UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT ~~PURSUANT TO~~

~~SECTIONS~~Pursuant to Section 13 ORor 15(d) OFof ~~THE~~the Securities Exchange Act of 1934

~~SECURITIES~~Date ~~EXCHANGE~~of ~~ACT~~Report OF(Date ~~1934~~of earliest event reported): November 8, 2011

Date of Report (Date of earliest event reported): September 27, 2011

PETROHAWK ENERGY CORPORATION

(Exact name of ~~Registrant~~registrant as specified in its charter)

Delaware	001-33334	86-~~0876964~~08076964
(State or other jurisdiction of	Commission	(I.R.S. Employer
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)
incorporation or organization)	File Number	Identification No.)

1000 Louisiana, Suite 5600 Houston, Texas		77002
(Address of principal executive		(Zip Code)
(Address of Principal Executive Offices)		(Zip Code)
offices)

Registrant’s telephone number, including area code: (832) 204-2700

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written ~~communications~~communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 14.0102 ~~Entry~~Non-Reliance ~~into~~on aPreviously ~~Material~~Issued ~~Definitive~~Financial ~~Agreement~~Statements or Related Audit Report or Completed Interim Review.

On ~~September~~November 278, 2011, the Board of Directors of Petrohawk Energy Corporation (the “Company”) ~~delivered~~determined ~~notice~~that ~~pursuant to~~ the Company’s ~~Fifth~~previously ~~Amended~~issued ~~and~~audited ~~Restated~~consolidated ~~Senior~~financial ~~Revolving~~statements ~~Credit~~as ~~Agreement~~of ~~dated~~and asfor ofthe ~~August~~fiscal year ended December 231, 2010 ~~among~~and ~~the~~unaudited ~~Company,~~interim ~~each~~consolidated financial statements as of and for the ~~guarantors~~periods ~~named~~ended ~~therein~~June 30, ~~each~~2010, ofSeptember 30, ~~the~~2010, ~~lenders~~March 31, ~~from~~2011 ~~time~~and toJune 30, ~~time~~2011 ~~party~~should ~~thereto,~~no ~~and~~longer ~~BNP~~be ~~Paribas,~~relied asupon ~~administrative~~due ~~agent~~to ~~for~~certain errors in the ~~Lenders~~accounting ~~(as~~treatment ~~amended,~~of the ~~“Credit~~Company’s ~~Agreement”),~~May 2010 ~~reducing~~transfer to the ~~available~~Kinderhawk ~~commitments~~joint ~~under~~venture of its interests in the ~~Credit~~Haynesville ~~Agreement~~gas ~~from~~gathering ~~$2.5~~system ~~billion~~for toapproximately $25917 million ~~effective~~and ~~October 3,~~a ~~2011~~50% (ownership in the ~~“Notice”)~~Kinderhawk joint venture. ~~The~~ In addition, the Company’s ~~voluntarily~~former ~~reduced~~independent registered public accounting firm have indicated that its audit report for the ~~available~~fiscal ~~commitments~~year ~~based~~ended December 31, 2010, including its report on ~~the~~internal ~~availability~~controls ofover ~~other~~financial ~~sources~~reporting, ofmay ~~capital~~no aslonger abe ~~subsidiary~~relied ofupon. ~~BHP~~The ~~Billiton~~Company ~~Limited~~intends to restate these financial statements.

The ~~foregoing~~transfer ~~description~~ of interests to the ~~Notice~~Kinderhawk ~~does~~joint ~~not~~venture ~~purport~~was originally accounted for as a sale giving rise to bea ~~complete~~$719.4 million deferred gain. Of the $719.4 million deferred gain, approximately $155 million was recognized in the year ended December 31, 2010 and is$95 ~~qualified~~million was recognized in ~~its~~the ~~entirety~~first bytwo ~~reference~~quarters of 2011 combined. It has since been determined that the transfer of interests to the ~~Notice,~~Kinderhawk ~~which~~joint isventure ~~attached~~should ~~hereto~~have been accounted for as ~~Exhibit 10~~an “in substance real estate transaction” under Accounting Standards Codification (ASC) 360-20.1 Under ~~and~~ASC is360-20, ~~incorporated~~the ~~herein~~transaction bydid ~~reference~~not qualify as a sale due to, among other factors, the Company’s continuing involvement with the joint venture under a gas gathering agreement, which requires the Company to deliver to the joint venture gas from a dedicated lease area.

~~Forward~~The Company is in the process of preparing restatements of its financial statements for the periods reference above. Because of the timing of this process, the Company is unable to file its Quarterly Report on Form 10-~~Looking~~Q ~~Statements~~for the period ended September 30, 2011 with the SEC on November 9, 2011, the prescribed due date. The Company’s Quarterly Report on Form 10-Q for the periods ended September 30, 2011 and September 30, 2010, along with amended Quarterly Reports on Form 10-Q for the quarters ended March 31, 2011 and 2010 and June 30, 2011 and 2010 and an amended annual report on Form 10-K for the year ended December 31, 2010, will be filed as soon as practicable after the Company has completed the restatement process.

~~Certain~~The ~~statements~~accounting ~~contained~~errors indid ~~this~~not ~~Form 8-K~~result ~~are~~from ~~“forward-looking~~any ~~statements”~~changes ~~within~~in the ~~meaning~~Company’s ofinternal ~~the~~accounting ~~federal securities laws~~policies, ~~such~~and ~~as statements relating to~~ the ~~availability~~Company ofhas ~~capital.~~no ~~The~~evidence ~~forward-looking statements contained in this document are based on current expectations and assumptions~~ that ~~are~~the ~~subject~~errors toresulted ~~risks~~from ~~and~~any ~~uncertainties~~fraud ~~which~~or ~~may~~intentional ~~cause actual results to differ materially from the forward-looking statements~~misconduct. The ~~Actual~~accounting ~~results~~errors ~~may~~were ~~differ~~identified ~~materially from current expectations because of various risks detailed~~ in ~~the~~connection ~~Company’s public filings~~ with the ~~SEC~~ongoing ~~from~~transition ~~time~~activities tofollowing ~~time, including~~ the Company’s ~~most~~acquisition ~~recent~~by ~~Annual~~BHP ~~Report on Form 10-K for the year ended December 31, 2010 and Quarterly Reports on Form 10-Q~~Billiton. The ~~reader~~change isin ~~cautioned~~accounting ~~not~~treatment todoes ~~unduly~~not ~~rely~~impact onthe ~~these~~joint ~~forward-looking~~venture’s ~~statements.~~commercial ~~Other~~arrangements ~~than~~or ~~as required under~~ the ~~securities laws, the~~ Company’s ~~does~~net ~~not~~cash ~~assume~~flows aarising ~~duty~~from tothe ~~update~~joint ~~these forward-looking statements, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise~~venture.

Management of the Company has discussed the matters disclosed in this Item 94.~~01.~~02 ~~Financial~~with ~~Statements~~Deloitte & ~~and~~Touche ~~Exhibits~~LLP, the Company’s former independent registered public accounting firm.

~~(d) Exhibits. The following exhibit is filed as part of this report on Form 8-K:~~2

Exhibit No.		Description
10.1		Notification of Aggregate Maximum Credit Amounts Reduction dated September 27, 2011

SIGNATURES

2Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~SIGNATURE~~PETROHAWK ENERGY CORPORATION By: /s/ David D. Powell Name: David D. Powell Title: Vice President

~~Pursuant~~Date: ~~to the requirements of the Securities Exchange Act of 1934~~November 8, ~~the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~2011

	PETROHAWK ENERGY CORPORATION
Date: September 27, 2011	By:	/s/ David D. Powell
	Name: David D. Powell
	Title: Vice President

INDEX TO EXHIBITS

Exhibit No.		Description
10.1		Notification of Aggregate Maximum Credit Amounts Reduction dated September 27, 2011

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