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


To: Arktic who wrote (3792)12/8/1998 5:19:00 PM
From: Craig Lawler  Read Replies (1) | Respond to of 5504
 
Paul you said "... I'm in it for the long haul and expect HEC to do very well as the oil patch recovers and probable reserves become bookable as proved. "

That is what I have finally come to realize. "the long haul" This could mean two years. There is only one rig working now, it will take another few months to get any others contracted and started, many more months to drill and get results... leaving us with no new discoveries until the end of next year. Then oil prices need to recover. If anyone sees a shorter time frame then this, please share with me your opinion. After the Islero news, what of significance to share price or increasing proven reserves is coming in the next 9 months? TIA. Long because I do not want to realize my lost and I have bought into the "story."