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BHP says U.S. onshore energy business hit with $2bln charge

Published 15/07/2015, 11:15 am
© Reuters.  BHP says U.S. onshore energy business hit with $2bln charge
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SYDNEY, July 15 (Reuters) - BHP Billiton BHP.AX BLT.L on Wednesday said it expects a post-tax impairment charge of about $2 billion against the value of its onshore gas assets in the United States for the fiscal year that ended June 30.

The gas-focused Hawkville field in Texas accounts for the substantial majority of the charge, which BHP estimates will be around $2.8 billion on a pre-tax basis.

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