HEC > this rumor
The word that Stallion Energy is the buyer of the Panhandle wells is all over the town of Borger, Texas. Pump shop talk... no one from Harken told me this info. However it was a JM Huber man ho was doing all the talking when they were orginally looking to buy. Probally didn't think twice about it. Anything can happen folks.
which relates to this previous news release
10/27/2003 11:03:00 AM
HOUSTON, Oct 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- Harken Energy Corporation ( HEC ) ("Harken") announced today that the previously announced purchase and sale of its oil and gas properties located in the Panhandle region of Texas which was scheduled to close on November 5, 2003 has been terminated by both parties. The Company is currently negotiating with a second interested party, also introduced through the Petrie Parkman process for a sale of the same non-core assets. The Company remains optimistic that a sale can be completed prior to the end of 2003 if its current negotiations are successful.
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