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duediligence2

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duediligence2

Re: duediligence2 post# 9961

Saturday, 05/05/2007 1:05:32 AM

Saturday, May 05, 2007 1:05:32 AM

Post# of 51429
Fundamental DD "Book of Hemi"= below bookvalue of reserves based on industry standards of how proven-reserves , from the independent reserves report , are bought by oil companies. Spring & summer will be the times in DFW office for other oil companies to better understand Hemi's leases values in Texas too. Reserves in BOE will be revised-up on Texas & Kansas leases in 2007 based our DD of All geological pay zones in these 2 states. Gas wells will become a major revenue source for Hemi in Kansas & Texas. Please read connecting DD posts to better understand the much Bigger picture for oil & gas values on leases in Ks. & Tx. vs very undervalued market cap price based on DD. Tia









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