Hemi's New Kansas Leases Create Bright Outlook for the Future
June 14 2007 - 6:00AM
PR Newswire (US)
FORT WORTH, Texas, June 14 /PRNewswire-FirstCall/ -- Hemi Energy
Group, Inc. (Pink Sheets: HMGP - News) Hemi Energy Group founder
and CEO Keith Anderson announces his company's corporate outlook in
light of the newly announced block of leases Hemi has recently
acquired. These recent acquisitions, when produced, will be Hemi's
most valuable purchases to date. The lease acreage has multiple pay
zones with very strong gas flows and two of the formations have
prolific production values. These leases add approximately 2200
acres contiguous or adjacent to the company's Woodson County
leases. Hemi now controls 11 square miles in this blanket formation
and has plans to significantly increase their coverage by the
quarter's end. The company believes that, based on proprietary
historical information, driller's notes, logs etc., these newly
acquired leases will produce similar or better production than
surrounding wells. As ground conditions improve, Hemi expects to
begin drilling this week in Montgomery county. After which Hemi
expects to re-focus its attention in Woodson county giving special
attention to the newly acquired land. Hemi Energy Group is an
independent crude oil and natural gas exploration and production
management company relying on its years of experience, technology
and business model to exploit mature fields with millions of
barrels of recoverable oil and MMCF of gas in an effort to maximize
field profits as well as to help decrease America's dependency on
foreign oil. John Kelly Hemi Energy Group 131 E. Exchange Ave.
Suite 223 Ft. Worth, TX. 76106 1.817.566.0351 t 1.817.566.0354 f
DATASOURCE: Hemi Energy Group, Inc. CONTACT: John Kelly of Hemi
Energy Group, +1-817-566-0351, or fax, +1-817-566-0354, or
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