Hemi Energy Group Inc. (fka HMGP)

[sneaky2]

The area of the Collins lease well received additional heavy rain over the holiday weekend, further delaying completion of the fracting techniques. The barrel count per day results from this oil well will not be released till next week because of proprietary consideration in regard to additional potential leasing.


Moneymogul2b, When I read that part of the pr my thoughts were that just maybe they found the well to produce so well that KA wanted to buy up more leases in that area. imo. Then when I heard the o/s went up it kind of made sense that maybe the increase was used to buy the leases. When you hit good oil in an area it only makes common sense to buy-up the land around you.