SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 18, 2003
HARKEN ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-10262 13-2841597
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
580 WestLake Park Boulevard, Suite 600
Houston, Texas 77079
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code: (281) 504-4000
Former Name or Former Address, if Changed Since Last Report: Not applicable
Item 5. Other Events
On March 18, 2003, Harken Energy Corporation (the "Company") issued
$3,410,000 in principal amount of 7% Senior Convertible Notes due 2007, Series G
(the "7% Note"), and a promissory note in principal amount of $1,705,000 due
September 1, 2003 (the "Promissory Note") to Waverley Investments Limited
("Waverley") in exchange for 17,050 shares of the Company's Series G-1
convertible preferred stock owned by Perry Limited, an affiliate of Waverley,
and $3,410,000 in cash.
For additional information, please see the 7% Note and the Promissory Note
attached as exhibits to this Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
Exhibit
Number Description
10.1 -- 7% Senior Convertible Note due 2007, Series G by
Harken Energy Corporation payable to Waverley
Investments Limited in the principal amount of
$3,410,000, dated March 18, 2003.
10.2 -- Promissory note by Harken Energy Corporation
payable to Waverley Investments Limited in the
principal amount of $1,705,000, dated March 18, 2003.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Harken Energy Corporation
Date: March 18, 2003 By: /s/ Anna M. Williams
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Anna M. Williams
Executive Vice President and Chief
Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
10.1 -- 7% Senior Convertible Note due 2007, Series G by
Harken Energy Corporation payable to Waverley
Investments Limited in the principal amount of
$3,410,000, dated March 18, 2003.
10.2 -- Promissory note by Harken Energy Corporation
payable to Waverley Investments Limited in the
principal amount of $1,705,000, dated March 18, 2003.