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Gold/Mining/Energy : Harken Energy Corporation (HEC)
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To: Ed Ajootian who wrote (2970)5/22/1998 3:21:00 AM
From: Arktic  Read Replies (2) of 5504
 
I disagree Ed. Arco gets involved in small plays (e.g., coalbed methane in New Mexico) even though it owns huge reserves on Alaska's North Slope. Harken has folks dedicated to domestic operations and to Columbian plays. Enough little plays adds up to a lot of equity. A million dollars is comprised of lots of smaller amounts amassed over time. If Harken were ignoring the Columbian acreage, I would agree with you, but I don't begrudge management for doing little deals as well.

Paul L. Craig
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