EXHIBIT 99.1 – PRESS RELEASE ISSUED APRIL 14, 2005

Contact:	Bevo Beaven, Vice President
	Bill Conboy, Sr. Account Executive
	CTA Public Relations
	303-665-4200
	Bill@ctapr.com
	Bevo@ctapr.com

Harken Energy Raises $ 8.4 Million Through Sale of Global Energy Shares

to an Institutional Investor

Dallas, TX – April 14, 2005 – Harken Energy Corporation (AMEX: HEC) negotiated and closed the sale of 2,812,716 shares from its existing holdings in subsidiary Global Energy Development PLC, raising $8.4 million in new capital for Harken Energy. This sale of Harken’s Global Energy Developments shares to an institutional investor was conducted through a private sale at market prices. As a result of this transaction Harken Energy now holds 21,037,213 shares or 74.79% of Global Energy Development.

Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, www.harkenenergy.com, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200.

Certain statements in this announcement including statements regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production may be regarded as “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management’s current view and plans, however, are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Harken to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. The various uncertainties, variables, and other risks include those discussed in detail in the Company’s SEC filings, including the Annual Report on Form 10-K/A dated April 13, 2005. Although Harken believes that the expectations reflected in the forward-looking statements of this announcement are reasonable, it can give no assurance that such expectations will prove to be correct or that unforeseen developments will not occur. Harken undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.

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