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

To: Ed Ajootian who wrote (2998)	6/3/1998 8:54:00 PM
From: Arktic	Read Replies (1) \| Respond to of 5504

Off topic: Ed... nice to see you aren't crying in your beer over the drop in ROH & PKC. The mark of success is how we cope with the hard times, not our list of accomplishments. I always enjoying hearing your thoughts and analyses on these and other companies. I'll be interested in hearing Rod's thoughts about spud date. I agree... a drill bit "turning to the right" near the Emerald Mountain prospect could send this stock in the right direction in one cycle of the mud pump!!! <ggg> A successful well will be even more exciting in the marketplace. Paul L. Craig

To: Ed Ajootian who wrote (2998)	6/4/1998 10:12:00 AM
From: Rod Copeland	Respond to of 5504

Ed and Paul and everyone, I didn't hear anything about the Cambulos spud-in. I did visit with some Harken people this week, but we only spoke of my proposed well in Texas. I must say, that I am being very careful not to make any effort to inquire as to HEC's activities from these people. They are old time friends (in the first place) and I want to maintain a professional relationship for my business' sake (in the second place). They have also been very careful with me in this regard. One told me directly, that he would be nervous talking about their activity, and I responded by saying that I understood and that I didn't want that to become an obstacle. I will add, however, that it has caused an uneasiness between us. I think you may be right about the spud causing some movement in the stock. Based on what the stock has done in the past, I wouldn't be betting on it, though. I will go on record now, to say that the Seven Seas new well, shouldn't "means beans" in regard to Harken's Cambulos sites. They are too far apart. Not to be misunderstood, I hope it has a positive effect, but to me its a lot of hype (not from Harken, but from others wanting the stock price higher). Please note that you don't hear Harken using SEV's success very much. If Harken should miss on the Guadual, this hype will create a nice buying opportunity. Their chances of missing are greater than their chances of hitting. We have to remember that HEC's batting average is way too high at the present time. I don't mean to be a pessimist, but I just feel the expectations are getting somewhat out of hand. There needs to be some levity here. I will be hoping for "homerun" in the meanwhile. The bases ARE loaded.