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I worked at HKN full-time (More than 10 years)
Great company and wonderful people and environment. Well seasoned management who do know Energy and are active in new ventures, industries and technology.
Low crude oil prices have curtailed planned expansion into oil services sector while also reducing available cash for growth outside energy sector and forced reductions in personnel.
Advice to Management
Keep working on diversification when cash and opportunities allow and bring all companies under one roof.
Let us know if we're missing any workplace or industry recognition –
HKN (formerly Harken Energy) harkens back to the days when a certain President George W. Bush was an oil man. HKN, which bought Bush's small oil company more than a decade ago, explores for and produces oil and gas primarily in the US, where it has interests in oil and gas wells in the Gulf Coast region of Texas and Louisiana, and holds coalbed methane assets in the Midwest. Internationally, it has stakes in exploration and production assets in South America (Global Energy Development, 34%) and in Canada (Spitfire Energy, 27%). In 2008 HKN reported proved reserves ...