Hemi Energy Group Inc. (fka HMGP)

[Big Mur]

One of my favorite posts, ever, on this board...

I think many have forgotten some of these numbers and some of these assets. After reading the post linked below, then think of the many leases that were not even included at the time....
The "5 core leases": Purcell, Reno, Tebbens, Bennet, Orth-Silvey... looking at a map, it's a relatively small are especially considering all the leases Hemi added after those 5.

The Collins, Weseloh, Driskell, Webber... just to name some...

Even if all Hemi could get for their oil was $30/barrel the oil reserves from the existing report (not including gas, and not including the Mississippian formation) that 7.25 million BOE would put the FMV at over $2/share for 100 million shares. That doesn't include the gas reserves, and it doesn't include any reserves on all the additional leases (17 sq miles vs. 3.125 sq miles)... all containing roughly the same blanket formations.

Anyway... recommended reading as a reminder (this stuff doesn't just fade away... Hemi is still sitting on all this and more):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21632342