Hemi Energy Group, Inc. (Pink Sheets: HMGP) recently announced that it has acquired several leases, that when expertly produced, will be its most valuable leases with reserves of all its Kansas lease holdings.
This lease acreage has five pay zones, and two of the geological formations have exceptional to prolific potential production. These leases have at least five exploratory wells drilled and need HMGP’s expertise to reach their true revenue potential.
The company is employing a unique business model and capitalizing on technological advances to exploit mature fields with millions of barrels of proven oil remaining in the ground. HMGP is using attractive contract and lease/royalty packages and has secured tens of thousands of acres of productive, domestic projects. This creates an exciting new opportunity to help decrease America’s dependency on foreign oil.
Building on decades of experience in enhanced oil recovery, HMGP has successfully amassed a substantial and attractive portfolio of high-quality, domestic properties. The company’s forward thinking strategy has put it in an enviable position at a time when prices and global demand for oil continue to rise.
HMGP is an independent crude oil and natural gas producer; the company is employing a unique business model that capitalizes on technological advances to exploit mature fields with proven oil remaining in the ground. Hemi has secured tens of thousands of acres of productive, domestic projects.
