Replies to post #38581 on Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

HB1 - be careful not to get these figures confused. See my post #38565 for further explanation. The KGS site shows "sold" production, a tanker truck actually comes to the lease to load up the oil and this is shown on the KGS site. Production is actually oil lifted from the reservoir and put into the storage tanks. The difference between the two would be the term "tanking oil" or as some call it "hedging".

Look back at the January PR from Hemi, they clearly explain what was produced and what was sold.

http://hemienergy.com/01-09-08.html

Now I just wish we could get similar PR for the months of March, April, May , June , July.....