Harken Energy Announces the Successful Workover of Canacabare # 1 in the Anteojos Field in Colombia

Harken Energy Announces the Successful Workover of Canacabare # 1
in the Anteojos Field in Colombia
Combined Production from Two Zones Tested at 198 Barrels of Oil Per Day 


DALLAS, March 14  /PRNewswire-FirstCall/ -- Harken Energy Corporation's
(AMEX:HEC) 85% owned subsidiary Global Energy Development PLC announced today
the completion of the successful workover and the re-commencement of production
from the Canacabare # 1 well located in the Anteojos field within its Alcaravan
Association Contract in Colombia.

Canacabare # 1 was the first well to be brought on production in the Anteojos
field, which is adjacent to the established Palo Blanco field also within the
Alcaravan Contract area.  During the workover, Global successfully added the
Middle Carbonera C-7 formation and tested the two producing zones of Canacabare
# 1 at a combined maximum rate of 198 barrels of oil per day (bopd) of 27
degree API gravity oil.  Canacabare # 1 had been off-production since April
2004, at which time the production rate was averaging 100 bopd.

Commenting on Canacabare # 1, Stephen C. Voss, Global's Managing Director,
said, "We are pleased to return our Canacabare # 1 asset to production at
improved rates from last year, resulting from the completion of certain
mechanical repairs and the addition of new volumes from the Middle Carbonera
C-7 formation. The Canacabare # 1 not only adds additional production, but also
affords us production from another field and its medium quality gravity will
further enhance the overall sales blend quality of Global's Central Llanos oil.
The Company will also be reviewing other development drilling opportunities
offset to the Canacabare # 1 during 2005."

Harken Energy Corporation is engaged in oil and gas exploration, development
and production operations both domestically and internationally through its
various subsidiaries. Additional information may be found at the Harken Energy
Web site, http://www.harkenenergy.com/, or by calling Bevo Beaven or Bill
Conboy at CTA Public Relations at [phone].

This announcement may contain forward-looking statements as defined by the
Securities and Exchange Commission. Harken, however, believes that it is
important to provide this operations update and communicate its future
expectations to its stockholders. The forward-looking statements in this
announcement such as "potential," "accelerate" and "growth" reflect the current
view of management with regard to future events and are subject to numerous
known and unknown risks, uncertainties and other factors that may cause the
actual results, performance, timing or achievements of Harken to be materially
different from any results, performance, timing or achievements expressed or
implied by such forward-looking statements. These risks, uncertainties and
other factors include, among others, the risks described in Harken's filings
with the Securities and Exchange Commission including the Annual Report on Form
10-K for the fiscal year ended December 31, 2003 filed on March 26, 2004 and
its Form 10-Q for the quarter and nine months ended September 30, 2004 filed on
November 5, 2004. Statements regarding future production are subject to all of
the risk and uncertainties normally associated with exploration, development
and production of oil and gas. These risks include, without limitation,
variability in the price received for oil and gas production, lack of
availability of oil field goods and services, environmental risks, drilling and
production risk, risk related to offshore operations, and regulatory changes.
Investors are cautioned that any such statements are not guarantees of future
performance and that actual results or developments may differ materially from
those projected in the forward-looking statements. Although Harken believes
that the expectations reflected in the forward-looking statements of this
announcement are reasonable, it can give no assurance that such expectations
will prove to be correct or that unforeseen developments will not occur. Harken
undertakes no duty to update or revise any forward-looking statements.

  Contact:  Bevo Beaven, Vice President
            Bill Conboy, Senior Account Executive
            CTA Public Relations
            303-665-4200
            
            

DATASOURCE: Harken Energy Corporation



CONTACT:  Bevo Beaven, Vice President, , or Bill Conboy,

Senior Account Executive, , both of CTA Public Relations,

[phone], for Harken Energy Corporation



Web site:  http://www.harkenenergy.com/ 

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