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Sunday, 01/11/2004 4:07:30 PM

Sunday, January 11, 2004 4:07:30 PM

Post# of 72830
HEC - HEC Costa Rica compensation news - January 11, 2004 12:17am San Jose, Jan 10 (EFE).- Costa Rica is willing to negotiate paying U.S. company Harken Costa Rica Holdings between $3 million and $11 million as compensation for having canceled its oil-drilling contract.

Costa Rica's Environmental Secretariat, or Setena, rejected an environmental impact statement submitted by the company in March 2002 on the grounds that it lacked guarantees that the environment would not be damaged.

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