Replies to post #44676 on Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

OK here is my question to this asset to cash analogy regarding Hemi's WY lease sale for 475k specifically to fund the drillers that ARE now contracted by Hemi Energy to engage in this Silvey Hemi-1 horizontal drilling project.

Payment terms for the Silvey Hemi-1 horizontal drilling project?

1. Payment by transfer of a proportional interest of the deeded lease in WY for services rendered.

OR

2. Cash Payment for services rendered.

Hmmm......let me think about this for a minute and the purpose of why Hemi took a non-core lease in WY and freed up 475K to fund its primary core leases for further development and increase production revenue.

Kels