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Harken Energy Corporation (HEC) Message Board

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  • dhrosier dhrosier Jan 21, 1998 9:38 AM Flag

    Look at Jr. Players

    At $15 it is only $120 billion! Actually, the drilling results are so uncertain until the wells are tested, and even then the persistency of production is never certain, that I view any number as conjecture, from dry hole to fantasy land. It would appear that dry hole is no longer any sort of reality. At the moment, I am not planning the reinvestment of the CURRENT value of my holding in Harken, much less what it might become.

    Thank you for your thoughts on the new finding technology. I saw a full page ad by Mobil in the WSJ a few months ago talking about horizzontal drilling in offshore activity. It does seem to be a reality.