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Re: Big Mur post# 30263

Sunday, 02/10/2008 8:13:03 PM

Sunday, February 10, 2008 8:13:03 PM

Post# of 51429
Big Mur this is exactly what could, I say could, happen. Keith may force a buyout by not accepting any offer short of the entire one hundred million shares of hemi.
This would be why the leases in other states have not been exploited, other than the prohibitive cost and time, why gas has been left "behind pipe", besides being uneconomical for hemi and why the coal bed methane is just sitting there.

On the other hand Keith may envision a larger HEMI ENERGY GROUP including other subsidiaries such as Sabine Royalty Trust and others.

Because of Keith's secretive nature and the need to trust his judgement, we just do not know. All of us are just left to speculate, some positively, some negatively.
If Keith was smart enough to get leases in the checkerboarding scheme, which were completely required, it would be a brilliant move. If he bought leases in places that could be easily bypassed it was a waste of money.
We just do not know.
We just do not know.
We just do not know.
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