-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KhQxX4nSMXo+UQ3oDJk2hlI9Ypl04IRuXl/+JkcWk7pzw+w8FaEHsmVnAulI4htW AzdUfpR10xKpUOoi/kzE3w== 0000950134-97-004580.txt : 19970612 0000950134-97-004580.hdr.sgml : 19970612 ACCESSION NUMBER: 0000950134-97-004580 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970606 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970611 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARKEN ENERGY CORP CENTRAL INDEX KEY: 0000313478 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 952841597 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10262 FILM NUMBER: 97622256 BUSINESS ADDRESS: STREET 1: 5605 N MACARTHUR STE 400 CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 2147536900 MAIL ADDRESS: STREET 1: 2505 NORTH HWY 360 STREET 2: STE 800 CITY: GRAND PRAIRIE STATE: TX ZIP: 75050 FORMER COMPANY: FORMER CONFORMED NAME: HARKEN OIL & GAS INC DATE OF NAME CHANGE: 19890109 8-K 1 FORM 8-K DATED JUNE 6, 1997 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 --------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 6, 1997 HARKEN ENERGY CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 0-9207 95-2841597 (State or other jurisdiction of (Commission File (IRS Employer incorporation) Number) Identification No.) 5605 N. MACARTHUR BLVD, SUITE 400 75038 IRVING, TEXAS (ZIP Code) (Address of principal executive offices) Registrant's telephone number, including area code: (972) 753-6900 2 ITEM 5. OTHER EVENTS On June 11, 1997, Harken Energy Corporation closed the sale of $70,000,000 in Convertible Notes in Europe. These Notes bear interest at 5.5% annually until maturity in the year 2002, unless earlier redeemed or converted. These Notes are convertible under certain conditions into shares of Harken common stock at a conversion price of $5.00 per share based on its pricing which was set on June 3rd. These Securities have not been registered and cannot be offered or sold in the U.S. A press release dated June 6, 1997, attached to this report as Exhibit 99.1 is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial statements of businesses acquired. None. (b) Pro forma financial information. None. (c) Exhibits. Exhibit Number Description ------- ----------- 99.1 -- Press Release dated June 6, 1997. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HARKEN ENERGY CORPORATION Date: June 11, 1997 By: /s/ Bruce N. Huff -------------------------------- Bruce N. Huff, Senior Vice President and Chief Financial Officer 4 INDEX TO EXHIBITS
Sequentially Numbered Exhibit No. Exhibit Page - ------------------ -------------------------------------- -------------- 99.1 Press Release dated June 6, 1997
EX-99.1 2 PRESS RELEASE 1 EXHIBIT 99.1 NEWS RELEASE FOR FURTHER INFORMATION CONTACT: NEWS9.97 TRACY BUCHANAN - 972-753-6900 FOR IMMEDIATE RELEASE HARKEN ANNOUNCES $70 MILLION FINANCING Dallas, Texas (JUNE 6, 1997)--Harken Energy Corporation ("Harken") (AMEX: "HEC") announced today that it intends to close the sale of $70,000,000 in Convertible Notes in Europe next week, on June 11th. These Notes bear interest at 5.5% annually until maturity in the year 2002, unless earlier redeemed or converted. These Notes are convertible under certain conditions into shares of Harken common stock at a conversion price of $5.00 per share based on its pricing which was set on June 3rd. These Securities have not been registered and cannot be offered or sold in the U.S. Harken's Chairman, Mikel D. Faulkner, said, "With this expanded capital base provided through this offering we plan to develop the prospects identified through our recent Colombian discoveries and to keep larger interests in selected future prospects." Continuing, Faulkner said, "We plan to manage our exploratory risks carefully; however, several of our prospects warrant retaining as large an interest as possible due to the positive impact they could have on the Company if successful. This additional financial strength at Harken provides the option to keep larger prospect ownership, thereby avoiding the dilution in value to our shareholders which can result from taking an industry partner." -------------- HARKEN ENERGY CORPORATION ("HARKEN") (AMEX: "HEC") EXPLORES FOR, DEVELOPS AND PRODUCES OIL AND GAS RESERVES DOMESTICALLY AND INTERNATIONALLY. CERTAIN STATEMENTS IN THIS NEWS RELEASE REGARDING FUTURE EXPECTATIONS AND PLANS FOR INTERNATIONAL OIL AND GAS EXPLORATION AND DEVELOPMENT MAY BE REGARDED AS "FORWARD LOOKING STATEMENTS" WITHIN THE MEANING OF THE SECURITIES LITIGATION REFORM ACT. THEY ARE SUBJECT TO VARIOUS RISKS, SUCH AS THE INHERENT UNCERTAINTIES IN INTERPRETING ENGINEERING DATA RELATED TO UNDERGROUND ACCUMULATIONS OF OIL AND GAS, TIMING AND CAPITAL AVAILABILITY, DISCUSSED IN DETAIL IN THE COMPANY'S SEC FILINGS, INCLUDING THE ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996. -----END PRIVACY-ENHANCED MESSAGE-----