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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13E-4
ISSUER TENDER OFFER STATEMENT
PURSUANT TO SECTION 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
AMENDMENT NO. 1
HARKEN ENERGY CORPORATION
(NAME OF ISSUER)
HARKEN ENERGY CORPORATION
(NAME OF PERSON(S) FILING STATEMENT)
5% SENIOR CONVERTIBLE NOTES DUE 2003
(TITLE OF CLASS OF SECURITIES)
NOT APPLICABLE
(CUSIP NUMBER OF CLASS OF SECURITIES)
LARRY E. CUMMINGS
VICE PRESIDENT AND GENERAL COUNSEL
HARKEN ENERGY CORPORATION
16285 PARK TEN PLACE, SUITE 600
HOUSTON, TEXAS 77084
(281) 717-1300
WITH A COPY TO:
BILL GREENHILL
HAYNES AND BOONE, LLP
201 MAIN STREET
SUITE 2200
FORT WORTH, TEXAS 76102
(817) 347-6602
(NAME, ADDRESSES AND TELEPHONE NUMBERS OF PERSONS AUTHORIZED
TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF PERSON(S) FILING STATEMENT)
NOVEMBER 25, 1999
(DATE TENDER OFFER FIRST PUBLISHED,
SENT OR GIVEN TO SECURITY HOLDERS)
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This Amendment No. 1 amends and supplements the Issuer Tender Offer
Statement on Schedule 13E-4 (the "Statement") dated November 25, 1999, relating
to the offer by Harken Energy Corporation, a Delaware corporation (the
"Company"), to exchange up to the maximum amount set forth below each $10,000
principal amount of its 5% Senior Convertible Notes Due May 26, 2003 (the
"Notes") for either (i) 4,000 shares of its Common Stock (the "Common Stock"),
$0.01 par value per share (the "Common Stock Consideration"), or (ii) 1,000
shares of its Series G Convertible Preferred Stock (the "Preferred Stock"),
$1.00 par value per share (the "Preferred Stock Consideration" and, together
with the Common Stock Consideration, the "Exchange Consideration"), at the
election of the holder of the Notes. The Company offered to issue in the
exchange up to (i) 6,000,000 shares of Common Stock and (ii) 2,700,000 shares of
Preferred Stock in connection with the Exchange Offer; however, the Company
could have elected, in its sole discretion, to (a) increase the aggregate amount
of the Common Stock to be issued in this exchange up to 10,000,000 shares (the
"Common Stock Election") and/or (b) increase the aggregate amount of Preferred
Stock to be issued in this exchange up to 4,500,000 shares (the "Preferred Stock
Election" and, together with the Common Stock Election, the "Elections"). The
terms of the exchange offer were upon the terms and subject to the conditions
set forth in the Offering Circular dated November 25, 1999 and the related
Letter of Transmittal, copies of which are filed herewith as Exhibits (a)(1) and
(a)(2), respectively. The Statement is hereby amended and supplemented to
incorporate the information included herein and in the exhibit referred to
below.
ITEM 8. ADDITIONAL INFORMATION
On December 10, 1999, in accordance with the terms of the Exchange
Offer, the Company elected to withdraw the Exchange Offer and will not acquire
any Notes tendered for exchange pursuant to the Exchange Offer.
The full text of a press release, dated December 10, 1999, issued by
the Company with respect to the termination of the Exchange Offer is filed
herewith at Exhibit (a)(4) and is incorporated herein by reference.
ITEM 9. MATERIAL TO BE FILED AS EXHIBITS
99(a)(4) -- Press release issued December 10, 1999.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: December 10, 1999 HARKEN ENERGY CORPORATION
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By: /s/ LARRY E. CUMMINGS
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Name: Larry E. Cummings
Title: Vice President
and Secretary
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EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
NUMBER EXHIBIT NAME
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<S> <C>
99(a)(4) -- Press release issued December 10, 1999.
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EXHIBIT 99(a)(4)
HARKEN ENERGY CORPORATION
NOTICE OF TERMINATION OF EXCHANGE OFFER
FOR
5% SENIOR CONVERTIBLE NOTES DUE MAY 26, 2003
DECEMBER 10, 1999
NOTICE IS HEREBY GIVEN that Harken Energy Corporation (the "Company")
(AMEX: HEC) has elected to withdraw its offer to accept for exchange up to a
maximum amount of $70,000,000 of $10,000 principal amount of its 5% Senior
Convertible Notes Due May 26, 2003 (the "Notes") for either (i) 4,000 shares of
its Common Stock, or (ii) 1,000 shares of its Series G Convertible Preferred
Stock (the "Exchange Offer"). The Exchange Offer was available only to holders
of Notes who are not "U.S. persons" (as defined in Regulation S under the United
States Securities Act of 1933, as amended). Any tenders of Notes by holders made
pursuant to the Exchange Offer will be null and void.
All of the Notes are currently represented by a temporary global note
on deposit with HSBC Bank plc, as nominee for Morgan Guaranty Trust Company of
New York, Brussels office, as operator of the Euroclear System ("Euroclear") and
Cedelbank("Cedelbank"). Any beneficial holder of the Notes desiring more
information should contact the solicitation agent, RP&C International, Inc.
