Harken Energy Corporation Announces Stock Repurchase Plan
11 Mayo 2005 - 10:21AM
PR Newswire (US)
Harken Energy Corporation Announces Stock Repurchase Plan DALLAS,
May 11 /PRNewswire-FirstCall/ -- Harken Energy Corporation
(AMEX:HEC) today announced that its Board of Directors has
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. 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. Certain statements in this announcement including
statements regarding future expectations, objectives, intentions
and plans for oil and gas exploration, development and production
may be regarded as "forward-looking statements" within the meaning
of the Securities Exchange Act of 1934, as amended. Forward-looking
statements are based on the opinions and estimates of management at
the time the statements are made. Management's current view and
plans, however, are subject to numerous known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance, timing or achievements of Harken to be materially
different from any results, performance, timing or achievements
expressed or implied by such forward-looking statements. The
various uncertainties, variables, and other risks include those
discussed in detail in the Company's SEC filings, including the
Annual Report on Form 10-K/A dated April 13, 2005 and quarterly
report on Form 10-Q dated May 10, 2005. Harken undertakes no duty
to update or revise any forward-looking statements. Actual results
may vary materially. Contact: Bevo Beaven, Vice President Bill
Conboy, Senior Account Executive CTA Public Relations 303-665-4200
DATASOURCE: Harken Energy Corporation CONTACT: Bevo Beaven, Vice
President, , or Bill Conboy, Senior Account Executive, , both of
CTA Public Relations, +1-303-665-4200, for Harken Energy
Corporation Web site: http://www.harkenenergy.com/
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