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

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To: Rod Copeland who wrote (2399)1/23/1998 12:30:00 PM
From: art slott  Read Replies (1) of 5504
 
Hi Rod, here is a Yahoo post.



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Top:Business and Finance:Stocks:Energy:Oil & Gas Operations:HEC (Harken Energy Corporation)

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Message 227 of 227
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Subj: preliminary, yes!, but still good
By: spencgd
Date: Jan 23 1998 9:21 A.M PST
Reply To: Msg. 223 by geostone

I talked to a friend of mine that is an operator in the Austin Chalk area of Texas. He
knows and likes the HEC management
from previous joint ventures. He had not heard the Estero and Catalina news until I
told him. He said that based on the offset
well (Catalina #1 ?) information that he had and the permeability that is present
there, the odds are greatly in favor of the
same type of permeability being in this well. Also, according to him, this structure is
VERY, VERY similar to the Austin Chalk,
where they have been using horizontal drilling for quite a while with outstanding
results.... it is NOT new technology. The final
point that made me pick up some more shares was when he told me that the next call
he was making was to his broker to "buy some
more HEC."

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