Harken Energy Corporation - HEC- Profile

Harken Energy Corporation. The Group's principal activities are to explore, develop and produce oil and gas. The Group is also engaged in the active management of investments in energy industry securities and futures traded on domestic and international securities exchanges. The Group operates in three segment: GEM, HEC Corporate and Global. The GEM segment explores, develops and produce oil and gas. The products are sold to established purchasers and generally transported through existing and well-developed pipeline infrastructure. The HEC Corporate segment operates and manages the investments of the Group. The Global segment is engaged in the exploration, development and production activities in Colombia and exploration activities in Panama and Peru. GEM accounted for 86% of 2006 revenues; Global, 14% and HEC Corp, Nominal