Replies to post #31114 on Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

"If they want to be taken seriously, they need to have something more important to say when they pr."

Do you mean that the HMGP 02/27/08 PR is not to be taken seriously???

IMO this HMGP 02/27/08 PR said alot. For your review I have posted this 02/27/08 PR again.

Investorstallone in reference to today's PR, think about the audience that will be present for this event.

Kels

Hemi Energy Group Updates for Kansas and Texas

Feb 27, 2008 09:45:01 (ET)

FORT WORTH, Texas, Feb 27, 2008 (BUSINESS WIRE) -- Hemi Energy Group, Inc. (Pink Sheets: HMGP) January oil production ramped up to 669 bbls from the December production of 461 bbls. We sold 395 bbls in January and are cash flow positive as we were in December. Even though we are in the dead of winter in Kansas, which required us to periodically shut down some wells on leases for maintenance caused by winter weather, we have still been able to increase production to this level. Not reflected in these numbers is the Bennett lease which is still off line for additional development and service work. The de-watering process is working well as the ratio of oil to water is continuing to improve which demonstrates the oil migration continues to respond positively to our enhanced oil recovery EOR programs. We will see continuing increased production near term and throughout the coming year as the EOR programs expand across the 1800 acres of leases in Woodson County, Kansas that we are re-developing.

Hemi increased its checkerboarding of leases in Fort Worth that are intermingled with the Barnett shale leases of two large oil companies, listed on the NY stock exchange, that have major urban drilling programs. We have acquired additional leases that will absolutely be required legally by these two giants for several of their drill locations before drilling can begin. Management's opinion, based on due diligence and experience, is that some of our FW leases will become pooled as part of these large oil companies' drilling operations in 2008. Hemi believes these FW leases and proving up of Kansas and Texas reserves will gain recognition from larger oil companies and further our stated goals.

Hemi has the funds to start new well drilling in Kansas as soon as the weather allows and the logistics are completed. In early spring Hemi also plans to drill new wells to replace the less efficient or mechanically inoperable mature wells on some of these 5 leases that comprise the 1800 acres in Woodson County, Kansas. We are exploring several options available for development of Texas leases. Funds will also be available for drilling a proven oil producing lease in Texas.

[mortgage1]

I agree investorstallone that these types of PR's are counterproductive IF they are too frequent or they are the predominant type of news release for any given company over time. However, for a company like HEMI where that is clearly NOT the case, an occasional PR like this certainly will not hurt, and MIGHT be helpful by getting the company's name a little recognition. I think Bedward1000's post earlier sums it up pretty well. Will she be seriously discussing various Pinksheet issues, or Oil and Gas industry issues with Keith or John? Of course not...but they already know this. No, this is just a PR move to attach their name to a larger event or person....it's a freebie man, that's all. Will it be significant in the overall scheme of things? Nah...but will it hurt? In my view--no.

"It ties their name to a presidential candidate for a lot of internet searches to come. It is not as fluffy as it seems. She’s not the strongest choice but they didn’t get to choose. At least they had the sense not to endorse her. I’d agree that there was no solid news there but I don’t think it was a bad move on their part."