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Hkn Inc - Company Profile Snapshot

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Company Profile: Hkn Inc
Ticker: HKN
Exchanges: MSE PBW ASE
2008 Sales: 22,206,000
Major Industry: Oil, Gas, Coal & Related Services
Sub Industry: Exploration, Drilling Service & Equip
Country: UNITED STATES
Employees: 15

Business Description
Hkn Inc Formerly known as Harken Energy Corporation. The Group's principal activity is exploring, developing and producing crude oil, natural gas and coalbed methane assets. 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's oil and gas operations consist of development and production efforts in the United States, principally in the onshore and offshore Gulf Coast regions of South Texas and Louisiana. The Group has three domestic customers, Shell, Chevron and Noble and currently hold three coalbed methane exploration and development agreements in Indiana and Ohio. As of December 31, 2007, the Group operate or own a non-operating working interest in 66 oil wells, 68 gas wells and 12 injection wells in the Gulf Coast area of the United States.

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