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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: Rod Copeland who wrote (2406)1/23/1998 7:20:00 PM
From: John S. Sturges  Read Replies (1) | Respond to of 5504
 
From what we are hearing the Catalina is likely to be between 1-2 billion and closer to 2 billion barrels. If this pans out HEC will be up $10shr for each billion of provable reserves. Yes, we believe this to be very big with the Cambulos to very likely be much, much bigger. We just have to wait it all out and don't put all your eggs in one basket. Each year you have the potential to stumble into 2-3 ideas of this type. Keep some powder dry. Best regards, John