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

To: SDR-SI who wrote (3589)	10/6/1998 8:48:00 PM
From: Arktic	Read Replies (1) \| Respond to of 5504

Steve: Thanks for the full press release... The part that interested me the most was the paragraph regarding the Cambulos: As previously reported, Harken encountered problems in drilling the Islero #1 well on the 300,000 acre Cambulos Association Contract Area. The Company has had problems with continuous sticking of the drill string in a highly fractured and faulted section of subsurface structure. Harken plugged back to approximately 1,400 feet and sidetracked the problem zone,setting intermediate casing to address the problem. The well is currently at approximately 4,700 feet and drilling ahead. The well should reach the target depth sometime during mid October. ********** So... I guess I'll give Ed a wake up call in a week or two per his request <ggg>! Hoping for the best. But if it turns out to be a dry hole and the market discounts HEC shares, it could represent an amazing buying opportunity. In the mean time, I'm holding pat with my HEC position. Paul L. Craig