Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Holcombe H Weldon
 2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2007		 3. Issuer Name and Ticker or Trading Symbol
PETROHAWK ENERGY CORP [HAWK]
(Last)
(First)
(Middle)
1000 LOUISIANA, SUITE 5600		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr VP - Mid-Continent Region
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77002		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 89,378
D
 
Common Stock 3,497
I
Through 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) 08/11/2007(1) 08/10/2016 Common Stock 40,000 $ 10.23 D  
Stock Option (right to buy) 01/02/2007(2) 01/02/2016 Common Stock 13,227 $ 10.22 D  
Stock Option (right to buy) 07/01/2006(3) 07/01/2015 Common Stock 8,534 $ 7.59 D  
Stock Option (right to buy) 01/03/2006(4) 01/03/2015 Common Stock 8,534 $ 5.75 D  
Stock Option (right to buy) 07/01/2005(5) 07/01/2014 Common Stock 6,323 $ 5.62 D  
Stock Option (right to buy) 01/02/2005 01/02/2014 Common Stock 6,323 $ 4.4 D  
Stock Option (right to buy) 07/01/2004 07/01/2013 Common Stock 9,878 $ 2.24 D  
Performance Shares 02/23/2006   (6) Common Stock (7) $ (8) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Holcombe H Weldon
1000 LOUISIANA
SUITE 5600
HOUSTON, TX 77002		       Sr VP - Mid-Continent Region  

Signatures

David S. Elkouri, Attorney in Fact 03/06/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 13,333 options vest on August 11, 2007, 13,333 options vest on August 11, 2008 and 13,334 options vest on August 11, 2009.
(2) 4,409 options vested on July 1, 2006, 4,409 options vest on July 1, 2007 and 4,409 options vest on July 1, 2008.
(3) 2,844 options vested on July 1, 2006, 2,845 options vest July 1, 2007 and 2,845 options vest July 1, 2008.
(4) 2,844 options vested January 3, 2006, 2,845 options vested January 3, 2007 and 2,845 options vest January 3, 2008.
(5) 3,162 options vested July 1, 2006 and 3,161 vest July 1, 2007.
(6) Each performance share represents a contingent right to receive one share of issuer common stock. The reporting person would earn between 0% and 200% of 8,956 shares upon the achievement of pre-determined objectives over a three-year period.
(7) Each performance share represents a contingent right to receive one share of issuer common stock. The reporting person would earn between 0% and 200% of 8,956 shares upon the achievement of pre-determined objectives over a three-year period.
(8) Each performance share represents a contingent right to receive one share of issuer common stock. The reporting person would earn between 0% and 200% of 8,956 shares upon the achievement of pre-determined objectives over a three-year period.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.