Harken Energy Corporation (HEC) Message Board

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

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To: Richard Mazzarella who wrote (4435)	7/1/1999 6:01:00 PM
From: jackie	Read Replies (1) of 5504

Richard, Did some quick calculations applying a formula from petroleum handbook. You can read it at messages.yahoo.com There should be enough there for everyone to determine their own values of this announcement. Bottom line: there is plenty of oil here and the market is undervaluing HEC. I got 200 million barrels of recoverable reserves from some conservative estimates of size of formation. Regards, Jack

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