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Encyclopedia > Harken Energy

Harken Energy Corporation is an American oil and gas company, having its headquarters in Southlake, Texas. It is publicly traded, with its shares listed on the American Stock Exchange. Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Latin petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish flammable liquid, which exists in the upper strata of some areas of the Earths crust. ... Southlake is a city located primarily in Tarrant County, Texas. ... The American Stock Exchange (AMEX) is a stock exchange operated by American Stock Exchange LLC, a subsidiary of the United States of America. ...


Harken has attracted attention because of the role played in its affairs in the 1980s by George W. Bush, later the President of the United States. Bush, while a corporate officer, sold stock in Harken soon before the company announced substantial losses, a transaction that resulted in an SEC investigation of possible insider trading; see George W. Bush's business and early political career. A Harken transaction with the endowment fund of Harvard University has also been questioned; see Harken Energy Scandal. Events and trends The 1980s marked an abrupt shift towards more conservative lifestyles after the momentous cultural revolutions which took place in the 1960s and 1970s and the definition of the AIDS virus in 1981. ... George Walker Bush (born July 6, 1946) is an American politician and the 43rd and current president of the United States. ... Seal of the President of the United States The President of the United States is the head of state of the United States. ... The Securities and Exchange Commission, commonly referred to as the SEC, is the United States governing body which has primary responsibility for overseeing the regulation of the securities industry. ... There are two kinds of trading that are referred to as insider trading: Trading of a security of a company (, shares or options) based on material nonpublic information. ... George Walker Bush (born July 6, 1946) is an American politician and the 43rd and current president of the United States. ... Harvard University is a private university in Cambridge, Massachusetts, USA, and a member of the Ivy League. ... In 1990, the US energy company Harken Energy entered into a business partnership with Harvard University which ultimately became the vehicle by which Harken Energy could transfer $20 million in debt to Harvard. ...


External link

  • Company website (http://www.harkenenergy.com)


 

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