Replies to post #38757 on Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

JayHawk Energy is a larger operation. You cannot make a comparison with Hemi.

Huh, what kind of logic is that? We often see posts here by our Mod's talking about the majors (Chesapeake Energy,XTO, EOG, Devon, etc.) in the Barnett shale play and how it relates to the Hemi Leases in Tarrent county.

My point of the post was positive for Hemi (at least in my eyes). Here is a company developing the same exact coal seams as we have on our Woodson leases, Mulky, Weir, Riverton, Beviar to name a few. It's in the same geological trend, the Bourbon Arch, and is about 40 miles away. Not that far geologically since these coal seams are "blanket formations" in this area.

[Big Mur]

Infrastructure is not "The" overriding issue when it comes to gas in SE Kansas anyway...

Infrastructure can be expanded/accessed, even if it does take some time and money... but when there's a local monopoly buying the gas, that pays less than half of the "norm" in neighboring states, what's the point? Keep it behind pipe and let the big boys come in and dictate the terms to the company with the monopoly. THey'll have the clout to do it. Kind of the same way the bigger companies have the clout to dominate the equipment availability in the area (hence the ability to drill 10 wells... and afford that many crews to do it.)

...all discussed before, at length... nothing new here.

The only thing "new" is another round of "investors" coming along thinking that Hemi needs their guidance to run the company, as if Hemi management doesn't already examine and evaluate ALL possibilities and opportunities, and the practical feasabilities of all of them.

Yup... I can see Keith in the office now... "Produce and sell the CBM gas? BRILLIANT!!! Why didn't I think of that?!?!?"
Can't expect the CEO of a Gas and Oil company to think of something so profound like producing and selling gas or oil, can you?

All this arguing for the sake of arguing gets really old, especially when it keeps being done with incomplete information. Like it's some kind of marathon endeavor to find fault.
Sorry MM2b... not directed at you... used your post for a jumping off point.