HKN Announces Third Quarter 2011 Results
Investing News Network - November 7th, 2011
HKN, Inc. (AMEX:HKN) announced the company’s interim financial results for the three and nine months ended September 30, 2011.
HKN, Inc. (AMEX:HKN) announced the company’s interim financial results for the three and nine months ended September 30, 2011.
As quoted in the press release:
During the third quarter of 2011, we closed our mandatory offer whereby 234,306 shares of Global Energy Development, PLC (“Global”) were tendered to HKN at a cost of approximately $261 thousand. We also continued to progress our marketing efforts for our Gulf Coast properties through Burks Oil and Gas Properties, Inc., and a decision on any potential divestiture of our remaining properties will be reached during the fourth quarter of 2011.
