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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  HAHNE WILLIAM N
2. Date of Event Requiring Statement (Month/Day/Year)
07/12/2006
3. Issuer Name and Ticker or Trading Symbol
PETROHAWK ENERGY CORP [HAWK]
(Last)
(First)
(Middle)
1100 LOUISIANA, SUITE 4400
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, COO
5. If Amendment, Date Original Filed(Month/Day/Year)
07/14/2006
(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 388,030 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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) 07/12/2006 02/19/2011 Common Stock 246,539 (2) $ 2.2 D  
Stock Option (right to buy) 07/12/2006 03/13/2012 Common Stock 2 (3) $ 1.17 D  
Stock Option (right to buy) 07/12/2006 12/31/2012 Common Stock 79,018 (4) $ 0.73 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HAHNE WILLIAM N
1100 LOUISIANA
SUITE 4400
HOUSTON, TX 77002
      EVP, COO  

Signatures

David S. Elkouri, Attorney in Fact 07/27/2006
**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) This holding is being revised to correct the number of shares of common stock held directly by the reporting person to include shares which were distributed to the reporting person from his 401(k) plan.
(2) This holding is being revised to correct the number of shares of common stock underlying this stock option held by the reporting person.
(3) This holding is being revised to correct the number of shares of common stock underlying this stock option held by the reporting person.
(4) This holding is being revised to correct the number of shares of common stock underlying this stock option held by the reporting person.

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

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