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


To: Arktic who wrote (3500)8/31/1998 12:44:00 AM
From: Ed Ajootian  Read Replies (1) | Respond to of 5504
 
Paul,

Am I remembering right that there is a significant risk that the liquid they have identified under the Islero is just water? I seem to recall hearing that at some point. If this is true then maybe the stock will not go up as much as I thought at the announcement of the decision to complete.

Wondering whether you or anyone else has heard any stats regarding pay or production rate that HEC is looking for in the Islero that would provide a clue that in fact the Islero has hit the same structure that is under the Seven Seas land. I realize I'm jumping the gun a bit here, but just trying to be ready to interpret whatever news comes out appropriately.