HKN, Inc. is focused on enhancing value for its shareholders through the development of a portfolio of assets in the energy industry. The majority of the value of the Company's assets is derived from its investment in publicly-traded ordinary shares of Global Energy Development PLC (Global) and the Company's wholly owned subsidiaries, BriteWater International, Inc. (BWI), HKN Bakken, Inc. (HBI) and HTH, Inc. (HTH). The Company's BWI operating segment owns a patented oilfield emulsion breaking technology. The Company is also engaged in crude oil and natural gas exploration and production by participating on a non-operated, proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include the Company's acreage. All of the Company's non-operated oil and gas development and production operations are located in the United States.