Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

Oilfield 101 is obviously needed again:
http://www.glossary.oilfield.slb.com/Display.cfm?Term=naturally%20flowing%20well

Did you never see photo's of Spindletop wells, oil shooting 100's of feet into the air above those wooden derricks. There were no pump jacks in those days, the reservoir pressure was sufficient to flow the oil to the surface (and then some!!)

http://www.vastenergy.com/site/web/company/images/spindletop.jpg

If Hemi is going to tout the virtues of these virgin leases with original "natural gas dissolved in water solution drive", then I am expecting these new wells to flow at least initially (a couple months, maybe more) before the need to be put on pump.

July 31 PR: The current well results indicate we have found one of the strongest areas in this developing trend. With the natural gas cap in place, excessively strong reservoir pressure and very good oil shows in the formation.