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


To: Zeev Hed who wrote (3540)9/12/1998 1:45:00 PM
From: Arktic  Read Replies (1) | Respond to of 5504
 
I just found this message on the Seven Seas thread. Does anybody with maps and regional geologic information know whether this information (if true) has any bearing on the Islero #1 prospect currently being drilled on the Cambulos? Thanks in advance.

Paul L. Craig

***********************

Looks like the Tres paso 4E flow tests did not flow. Expect this news release Monday. They lerned that the Fracture is not perpendicular to the #1 well and thus was unsuccesful. They will place a drill back in and drill into an angle and hopefully be in line.

We may very well see much lower stock price due to this next week. The 6E well has hit pay but they are continuing to drill further as they believe another pocket is close. This 6e will be very important as it may provide the last hope for a recovery in this stock for a few months. Remember the 3E was abandoned this year. Now this.... These are the risks associted with an exploration of this nature. CS 1st Boston was due to initiate a report.supposedly the analyst quit recently. However its interesting to note that 1st Boston recently put out a strong buy on Apache NY exchange. This is a mature oil company with many a insiders buying. Keith



To: Zeev Hed who wrote (3540)9/15/1998 6:45:00 PM
From: Ed Ajootian  Read Replies (3) | Respond to of 5504
 
Z-Man,

I gotta ask a huge favor of you buddy.

Could you _please heap some more of your prime jive on us here? I'm talkin' DEATH SPIRALS man --- in O C T O B E R!!!.

I need to see this stock get back to $3 so I can top off my position before the Islero news is out. The way this thing is acting its never gonna get there without your help.

So let's get the ball rollin' again --- downhill!!! <g>