no, but on nice uptrend.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:
ADVERTISEMENT
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