SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (4421)6/18/1999 5:22:00 PM
From: R F B, Jr.  Respond to of 5504
 
Zeev :

Not sure of the exact number for drilling costs BUT believe they have learned a very expensive lesson from previous financing.

With completion of one of their pipelines look for cash flow to ease some of the financial burden.

Have a good weekend.

RFB



To: Zeev Hed who wrote (4421)6/18/1999 7:17:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 5504
 
Zeev, how hurting for cash can HEC be when they "buy out" ROH.TO interests and forgive their loan? Seems someone that needs cash would retain their loan repayment interests. Just a data point.