To: Ed Ajootian who wrote (3501 ) 8/31/1998 9:52:00 AM From: SDR-SI Respond to of 5504
TO ALL: ANNOUNCEMENT RE: NEW INVESTOR RELATIONS VP > > >Harken Announces Appointment of Lewis as Vice President to Expand Investor Relations Group PR Newswire, Monday, August 31, 1998 at 09:31 DALLAS, Aug. 31 /PRNewswire/ -- Harken Energy Corporation (AMEX:HEC) announced today that J. Marc Lewis has joined the Company as Vice President and will be responsible for expanding the Company's Investor Relations program. For the past 14 years, Mr. Lewis has served as president of Petrosource Capital Corporation, an investment banking group with activities in the U.S. and Latin America. Mr. Lewis commented, "The opportunity at Harken is extraordinary. The Company has world class assets that have not yet been recognized by the marketplace and we intend to expand the communication of these values to shareholders, analysts, the press and the financial community by forming the new Investor Relations group. A key element of this process is enhancing the Company's Internet Web Page, which should be upgraded and operational within the next few weeks." Mikel D. Faulkner, Harken's Chairman added, "Marc is a very important addition to our management team and he brings a wealth of experience to the Company. With the continued success of our drilling program, the demand for information on the Company has been growing at a rapid pace. Expanding our Investor Relations efforts is a crucial step in keeping our shareholders aware of the important events that affect the Company." Harken Energy Corporation (Harken) explores for, develops and produces oil and gas reserves domestically and internationally. Certain statements in this news release regarding future expectations and plans for international oil and gas exploration and development may be regarded as "forward looking statements" within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as the inherent uncertainties in interpreting engineering data related to underground accumulations of oil and gas, timing and capital availability, discussed in detail in the Company's SEC filings, including the Annual Report on Form 10-K for the year ended December 31, 1997. Actual results may vary materially. SOURCE Harken Energy Corporation -0- 08/31/98 /CONTACT: J. Marc Lewis of Harken Energy Corporation, 972-753-6900, or Fax: 972-753-6972, or E-mail: mlewis@harkenenergy.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 118626/ /Web site: harkenenergy.com < < < Steve