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Gold/Mining/Energy : Harken Energy Corporation (HEC)

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To: SDR-SI who wrote (3023)6/10/1998 10:26:00 PM
From: Ed Ajootian  Read Replies (1) of 5504
 
Gotta love these "no-news" releases that Mikel has gotten in the habit of putting out now.

Did everyone else do the math like I did and figure out that it is physically impossible to drill 8 deep wells, that each take a minimum of 3 months to drill & test, with 3 rigs, in 6 months? The 8 wells will require 24 "rig-months" but with 3 rigs and 6 months we only have 18 "rig-months" to play with!

And as we've already found out the Bolivar babies take even longer because they are horizontal.

Always knew this CPA training could come in handy!

Maybe Mikel has found a fourth rig.
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