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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner -- Ignore unavailable to you. Want to Upgrade?

To: oilstks who wrote (159)	7/5/1998 6:17:00 PM
From: Jeff	Read Replies (1) \| Respond to of 261

Taken from Harken's SEC filed in May. In the Alcaravan Contract area, Harken's operations have been affected by the rainy season in the Llanos Basin, which has affected the completion and testing of the recently drilled Estero #3 and Canacabare #1 wells, as well as the construction of the Phase I Pipeline connecting the Estero wells to the closest existing pipeline. 1. Harken anticipates that results of the Estero #3 will be available in mid-May 1998. 2. Harken is currently attempting to mobilize light equipment in order to test the Canacabare #1 well, and hopes to have results available in May 1998, if weather conditions do not impede these efforts. 3. Harken now expects to initiate a 90-day production test of the Estero #1 and, if successful, the Estero #3 well, in June 1998. 4. Construction of the Phase I Pipeline, pending weather conditions and receipt of required approvals, is scheduled to begin in July 1998. 1. done 2. delayed 3. Does anyone know status? 4. Again anyone know?