Message #4 From:
Jason Date: September 19, 2009 09:54:05 AM
What I like About HKN
The share price of HKN has fallen significantly even though they are a debt free oil producer.
"We are in a financially-stable position due to our past strategies. We have no
debt outstanding, and we have a cash balance of approximately $12.4 million at
June 30, 2009. We also anticipate our operating cash flow and other capital
resources, if needed, will adequately fund our planned capital expenditures and
other capital uses over the near-term."
HKN is in a great position to borrow and grow their operations!
