Yes......... and again......... another constructive and on topic Hemi point presented by........ the one............... the only...........plastipunk
In reply to:
1. Tarrant County leases, 2-3 years ago these leases were not even a business thought of Hemi, infact Hemi was not even HQ in Fort Worth, the heartland of these Tarrant County leases in the Barnett Shale. And now not only has Hemi acquired these Tarrant County leases but Hemi has engaged in a revenue producing business relationship with XTO and Chesapeake Energy involving these leases.
2. The Wyoming lease.....a simple fact........an execution of the business mission of Hemi and by Hemi as stated 2-3 years ago delivering $475,000 net proceeds...which takes me to the next "just around the corner" assertation.
3. The commitment to the SEK horizontal drilling project. The time frame has been established and committed too by the fact that Hemi has the funding (see #2), has published in 2 local newspapers (12/04/08) the legal notices identifying the actual site location and is on the KCC 01/22/08 meeting docket for formal approval of this SEK horizontal drilling project. Which also tells me that Hemi has lined up and has a commitment by a driller to complete this horizontal drill.
4. Hemi has stated from day 1 or 2-3 years ago as you state, to be a financial responsible company and operation. This set of assertions, IMO, is very real and very important from the stand point that Hemi keeps confirming in the Hemi formal PR's that Hemi remains DEBT FREE and MONTHLY CASH FLOW POSITIVE.
5. The Collins Hemi -1 finding this past summer and how it relates to the increase case for that capped Hemi gas that is stored behind pipe in those proven reserves
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