February 23, 2007 - 9:47 AM EST
Hemi Energy Group Announces Oil & Gas Reserve Study for Woodson County, Kansas Leases
The proven oil reserve as submitted by Geosystems Engineering, Inc., Dallas, Texas to Hemi Energy Group, Inc. (Pink Sheets:HMGP) is 2.15 million proved BOE and the probable reserve of 5.1 million BOE for Hemi’s five leases in Woodson County, Kansas. The total potential reserves are 7.2 million Barrels Of (oil) Equivalent for this report.
You can take this to the bank, and so can Keith, for that matter. Do you have ANY idea how valuable, even to a bank, this is?
Do you have ANY idea how valuable to a VAST array of industry people this is?
I didn't think so.