Lease sales is probably part of that "uncategorized income" as well as the issuance of ~20M new shares... 20M shares at 1.5 cents a share is $300K... With as much debate as the O/S was rumored to be, I can't believe KA just posted that 87M number and didn't explain the increase at all....
The $170K in oil sales is pretty close to the revenue expected from the KCC oil production figures for Hemi also.
It's nice to have some of this info made public, I appreciate it but think the economy and low oil prices are going to make this an even tougher year for small o/g companies in general and Hemi in particular. You can only sell so many assets before you have nothing left to sell and the stock O/S is close to the A/S now...
Yup, you have that right. interesting that within that category is the term "hedging".
Could it be that a small part of this may also be those Texas Barnett Shale, Tarrant County leases????
Hmmmmmmm, the pieces of the Hemi puzzle start to come together.
But the part I really like is what is unfolding with those SEK leases and specifically the development of the Silvey Hemi-1 horizontal drill given some insight to the boardering Bennett B lease site data and prior records now disclosed.
imply what now? .... suspect? ... why would selling stock or assets (aquired with stock in the first place) be suspect? that's what all the non reporting pinks are all about ... nothing suspect there ...
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