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Gold/Mining/Energy : Harken Energy Corporation (HEC)
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To: Zeev Hed who wrote (4118)2/8/1999 3:39:00 PM
From: Greg Burton  Read Replies (2) of 5504
 
Zeev:

In response to your inquiry about how much a pipeline would cost, it has been reported to me that the Company estimates about $25M for the initial connection. Again, half comes from Ecopetrol's share.

Incidently, the delay in connecting Bolivar seems to be caused by footdragging by Ecopetrol. I certainly do not know what to make of that if Ecopete is really as intent on gaining revenue as has been reported recently.

Greg
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