Replies to post #45174 on Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

Just remember, that soda can lost all its "fizz" when the previous operators shook the can and all the pressure escaped... It will take a lot of expensive drilling (H or V) for the water flood and/or EOR (polymers / CO2 / NG) injection to try and extract that 4+ million bbls of oil still in the Squirrel.

I liken it to the Canadian oil sands, lots of bbls. locked in the reservoir, just very difficult to get it out at the present cost / sales ratio.