Harken Energy Corporation (HEC) Message Board

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

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To: Don Crespino who wrote (4228)	2/21/1999 11:24:00 PM
From: R F B, Jr.	Read Replies (1) of 5504

Don : Not really sure but I doubt it. If price was locked in [other than so many days average closing price before conversion] then it wouldn't have been a <<floorless>>. When HEC chose to buy back the shares as opposed to giving the shares to RGC [some 8.5mm] that's why they had to pay the premium/penalty $10mm. As I had asked before, I'm not privy to any of this either but will try to call company and see what they say. Maybe tomorrow if I have the time. Hope you enjoyed your anniversary! Regards, RFB

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