Date Open High Low Last Change Volume % Change
10/07/04 0.64 0.67 0.62 0.65 +0.05 3934500 +8.33%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 1615510
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 1086090
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy
100-Day Average Volume - 1300617
Overall Average: 88% - Buy
Price Support Pivot Point Resistance
0.65 0.60 0.65 0.70
had news.... glass, looks down your alley.
DALLAS, Oct. 7 /PRNewswire-FirstCall/ -- Harken Energy Corporation (Amex: HEC - News) through its 85% owned subsidiary, Global Energy Development PLC, provides the following update on drilling activity in Colombia, South America:
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Drilling operations have commenced on the Estero #5 well, located in the Llanos basin of Colombia, South America. The Estero #5 is a development well in the Palo Blanco field. The well is expected to take up to 35 days to drill and an additional 15 days to complete, should drilling results be favorable. The Estero #5 well has a projected drilling depth of approximately 9,000 feet and will target the Traditional Ubaque, Massive Ubaque and Mirador formations.
The Estero #5 well is the first of approximately nine wells currently scheduled to be drilled and or completed within the next 12 months in Global's Palo Blanco field and Global's new Rio Verde Contract acreage.
Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, http://www.harkenenergy.com/, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200
a lot of shares out there...
Average Volume (3 month): 1,015,545
Average Volume (10 day): 1,609,000
Shares Outstanding: 205.76M
Float: 203.70M
% Held by Insiders: 1.00%
% Held by Institutions: 6.86%
Shares Short (as of 8-Sep-04): 2.08M
On September 16, 2004, Harken Energy Corporation (the "Company") announced that its Board of Directors had authorized a stock repurchase program allowing the Company to buy back up to two million shares of its common stock. All repurchases will be made from time to time in the open market when opportunities to do so at favorable prices present themselves in compliance with all applicable laws and regulations including the Securities and Exchange Commission rules.
The announcement is contained in a press release from the Company that is attached hereto as Exhibit 99.1.
also the director bought 11k worth of shares in sept....
good luck LL