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

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To: R F B, Jr. who wrote (3016)6/9/1998 11:50:00 AM
From: Rod Copeland  Read Replies (2) of 5504
 
Raymond,
<The announcement re: dry holes in Palo Blanco>
What dry holes????
The well was productive. 2,000+ bbls/day on test.
Don't mean to be picky... but this is the kind of stuff we should avoid. The two shallow horizons were simply non-commercial. Not a dry hole. The fact that they tried to test the zones indicates they had at least an "excellent show" and that there is reason to believe that they are close to finding the shallow zones commercial. They just need their geologists and engineers to figure out where to go next.
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