Thank you Big Mur, took the words right out of mouth. As you know one needs to understand the Hemi strategy from a different perspective:
> The current amount of money that has been invested in Tarrent County by these Big O&G Companies,
> The changing ordinances (requirements of more land to keep existing O&G operations in play) that is on going in the Tarrent county are....buffer zones that these O&G Companies need
> The impact of new horizontal and hydraulic fracturing techniques.
> The opportunity of an interested O&G party not only looking at those HMGP Tarrent County leases but now the rest of the HMGP leasing portfolio (Sabine-TX, Bakken-ND, SEK). And with the recent developments of the Collins Hemi-1 IMO the interest will increase rapidly.
Then even a 1 acre parcel of land in this Tarrent County becomes a hugh value to the Big O&G Company that is are established and drilling next to this parcel.
I believe HMGP refers to this as the "Checker Boarding" strategy.
Yes IMO the dots are slowly but surely coming together for Hemi Energy as the Hemi Energy business plan, model and strategy reveals itself and the very profitable offerings that can be provided to an interested O&G company.
Kels
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