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

To: Arktic who wrote (3554)	9/22/1998 10:42:00 PM
From: Ed Ajootian	Respond to of 5504

Paul, Harken's press release on Friday mentioned the sidetracking. See reply #3548 here for the full release. The relevant excerpt follows: "As previously announced, the Islero #1 well, on the Cambulos Contract Area, is currently drilling. This well recently encountered highly fractured and faulted formations which temporarily resulted in a stuck drill string. The problem was subsequently corrected and Harken is currently sidetracking the problem zone. The initial drilling schedule included time contingencies for such unpredictable situations. The well is currently still on schedule and total depth should be reached in accordance with the previously announced 60 day schedule if no further problems are encountered."