EXHIBIT 99.2


                                 [LOGO] HARKEN
                               Energy Corporation

                         Notice of Guaranteed Delivery
                                      For
                              Rights Certificates

   This form, or one substantially equivalent hereto, must be used to exercise
Rights pursuant to the Rights Offering described in the Prospectus dated
      , 2003 (the "Prospectus") of Harken Energy Corporation, a Delaware
corporation (the "Company"), if a holder of Rights cannot deliver the
certificate(s) evidencing the Rights (the "Rights Certificate(s)"), to the
Subscription Agent listed below (the "Subscription Agent") at or prior to 5:00
p.m., New York City time, on       , 2003, unless such time is extended by the
Company as described in the Prospectus (as it may be extended, the "Expiration
Date"). Such form must be delivered by hand or sent by telegram, facsimile
transmission, first class mail or overnight courier to the Subscription Agent,
and must be received by the Subscription Agent on or prior to the Expiration
Date. See "The Rights Offering--Method of Subscription--Exercise of
Subscription Rights" in the Prospectus.


   Payment of the Subscription Price for each share of the Company's Common
Stock subscribed for upon exercise of such Rights must be received by the
Subscription Agent in the manner specified in the Prospectus at or prior to
5:00 p.m., New York City time, on the Expiration Date even if the Rights
Certificate(s) evidencing such Rights is (are) being delivered pursuant to the
Guaranteed Delivery Procedures thereof. See "The Rights Offering--Method of
Subscription--Exercise of Subscription Rights" in the Prospectus.


                          The Subscription Agent is:

                    American Stock Transfer & Trust Company

                               -----------------

                 By mail, by hand or by overnight courier to:

                    American Stock Transfer & Trust Company
                            Attention: Rights Agent

                          59 Maiden Lane, Plaza Level

                             New York, N.Y. 10038

                    Facsimile Transmission: (718) 234-5001

               Telephone Number for Information: (800) 937-5449

               Telephone Number for Confirmation: (718) 921-8200


                               -----------------

    Delivery of this instrument to an address other than as set forth above

          or transmission of this instrument via facsimile other than

           as set forth above does not constitute a valid delivery.

                               -----------------

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                           The Information Agent is:



                              Morrow & Co., Inc.


                               -----------------


          The address and telephone number of the Information Agent,


  for inquiries, information or requests for additional documentation are as
                                   follows:



                              Morrow & Co., Inc.


                         445 Park Avenue, 5/th/ Floor


                             New York, N.Y. 10022


                       E-mail: harken.info@morrowco.com



                      Telephone Numbers for Information:


                   Stockholders, Please Call: (800) 607-0088


            Banks and Brokerage Firms, Please Call: (800) 654-2468


                               -----------------

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Ladies and Gentlemen:


   The undersigned hereby represents that the undersigned is the holder of
Rights Certificate(s) representing Rights and that such Rights Certificate(s)
cannot be delivered to the Subscription Agent at or before 5:00 p.m., New York
City time, on the Expiration Date. Upon the terms and subject to the conditions
set forth in the Prospectus, receipt of which is hereby acknowledged, the
undersigned hereby elects to exercise        Subscription Right(s) to subscribe
for        share(s) of Common Stock with respect to the Rights represented by
such Rights Certificate(s).


   The undersigned understands that payment of the Subscription Price for each
Right must be received by the Subscription Agent at or before 5:00 p.m., New
York City time, on the Expiration Date and represents that such payment, in the
aggregate amount of $       either (check appropriate box):

   [_] is being delivered to the Subscription Agent herewith; or

   [_] has been delivered separately to the Subscription Agent in the manner
       set forth below (check appropriate box and complete information relating
       thereto):

      [_] Wire transfer of funds
          Name of transferor institution: ______________________________________
          Date of transfer: ____________________________________________________
          Confirmation number (if available): __________________________________

      [_] Uncertified check
          Name of maker: _______________________________________________________
          Date of check: _______________________________________________________
          Check number: ________________________________________________________
          Bank on which check is drawn: ________________________________________

      [_] Certified check
          Name of maker: _______________________________________________________
          Date of check: _______________________________________________________
          Check number: ________________________________________________________
          Bank on which check is drawn: ________________________________________

      [_] Bank draft (cashier's check)
          Name of maker: _______________________________________________________
          Date of check: _______________________________________________________
          Check number: ________________________________________________________
          Bank on which check is drawn: ________________________________________

      [_] Money order
          Name of maker: _______________________________________________________
          Date of check: _______________________________________________________
          Check number: ________________________________________________________
          Bank on which check is drawn:_________________________________________

             Signature(s) _____________ Address __________________
             __________________________ __________________________
             Name(s) __________________ __________________________
             __________________________ Area Code and Tel. No(s).

Rights Certificate No(s). (if available)  ______________________________________


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                             Guarantee of Delivery
          (Not To Be Used For Rights Certificate Signature Guarantee)

   The undersigned, a member firm of a registered national securities exchange
or of the National Association of Securities Dealers, Inc., or a commercial
bank or trust company having an office or correspondent in the United States,
or a bank, stockbroker, savings and loan association or credit union with
membership in an approved signature guarantee medallion program, pursuant to
Rule 17Ad-15 of the Securities Exchange Act of 1934, as amended, guarantees
that the undersigned will deliver to the Subscription Agent the certificates
representing the Rights being exercised hereby, with any required signature
guarantee and any other required documents, all within three (3) business days
after the date hereof.


                                          
            ________________________________ ______________________

            ________________________________ ______________________
                       (Address)                 (Name of Firm)

            ________________________________ ______________________
            (Area Code and Telephone Number) (Authorized Signature)



   The institution which completes this form must communicate the guarantee to
the Subscription Agent and must deliver the Rights Certificate(s) to the
Subscription Agent within the time period shown in the prospectus. Failure to
do so could result in a financial loss to such institution.



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