Hemi Energy Kicks off the 2007 Drilling Program
February 26 2007 - 9:48AM
Business Wire
Hemi Energy Group, Inc. (PINK SHEETS:HMGP) is confirming that on
Tuesday, February 27, 2007, McPhearson Drilling will be spudding
and subsequently drilling the Hemi-2 well as the start of an
in-fill step-out drilling program on the Reno Lease located near
Piqua, Kansas. We will be updating drilling and production
information in the first week of March 2007. World Business Review,
hosted by General Alexander M. Haig, Jr. (www.wbrtv.com), will be
filming this drilling project for future broadcast on a major
business network and international media venues. This television
production will be part of a program about small oil companies
re-developing mature oil fields and stimulating domestic oil
production by technologically advanced methods of enhanced oil
recovery being used in the USA. Keith Anderson, CEO of Hemi Energy,
is quoted as saying that, �Hemi Energy is proud and honored to be a
part of this program with such a distinguished American as
Alexander M. Haig, Jr. We are very grateful for this opportunity to
be able to show how small domestic oil companies are important in
re-development of under-utilized or mature oilfields that can bring
domestic oil production back to America for Americans. We will also
be joined at the drill site by a number of high level of other oil
and gas production corporate executives who are interested in Hemi
and Hemi's program of development.� Hemi Energy Group is an
independent crude oil and natural gas producer employing a unique
business model capitalizing on technological advances to exploit
mature fields with millions of barrels of proven oil remaining in
the ground. Hemi's Graham, Texas, office will be close from Monday
Feb. 26 thru March 1, 2007, due to this drilling activity. "Safe
Harbor" Statement under the Private Securities Litigation Reform
Act of 1995 Statements in this press release relating to plans,
strategies, economic performance and trends, projections of results
of specific activities or investments, and other statements that
are not descriptions of historical facts may be forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking
information is inherently subject to risks and uncertainties, and
actual results could differ materially from those currently
anticipated due to a number of factors, which include, but are not
limited to, risk factors inherent in doing business.
Forward-looking statements may be identified by terms such as
"may," "will," "should," "could," "expects," "plans," "intends,"
"anticipates," "believes," "estimates," "predicts," "forecasts,"
"potential," or "continue," or similar terms or the negative of
these terms. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee
future results, levels of activity, performance or achievements.
The company has no obligation to update these forward-looking
statements. For additional information, please go to
http://hemienergy.com or
http://www.stockinformationsystems.com/c/HMGP/index.html.
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