Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

Peter Griffin,

It is certainly a possibility. The Fort Worth Star-Telegram report the following on Sunday 04/26/08

Jim Fuquay - Star Telegram
April 26, 2008

SE Arlington group backs record lease with XTO Energy

A big southeast Arlington neighborhood group said Friday it has endorsed a lease with XTO Energy that will pay the area’s highest signing bonus yet reported, $26,517 an acre, along with a generous royalty of 26.5 percent.

This homeowners group (SEACTX) has a total of 6,000 acres @ $26,517 per acre that is $159,102,000 + 26.5% royalties to be paid by XTO!!!!

Just to allow XTO to control the land for current drilling activities by XTO within Tarrant County only.

Now take that value equate that to HMGP and on 100M A/S you get 1.59/share minimum. Take that value to the HMGP 65M O/S you get 2.44/share minimum.

Now you tell me is the total value of HMGP when one includes all of HMGP leases in SEK, TX (including Tarrant County), ND (Bakken field) and NM with all the proven reserves + the current operation of HMGP have a value greater than the 159M that was just agreed to by XTO for 6,000 acres of controlling leases???

IMO.......I think so.

Kels