Hemi Energy Group, Inc. (PINK SHEETS:HMGP) is confirming that on Tuesday, February 27, 2007, McPhearson Drilling will be spudding and subsequently drilling the Hemi-2 well as the start of an in-fill step-out drilling program on the Reno Lease located near Piqua, Kansas. We will be updating drilling and production information in the first week of March 2007. World Business Review, hosted by General Alexander M. Haig, Jr. (www.wbrtv.com), will be filming this drilling project for future broadcast on a major business network and international media venues. This television production will be part of a program about small oil companies re-developing mature oil fields and stimulating domestic oil production by technologically advanced methods of enhanced oil recovery being used in the USA. Keith Anderson, CEO of Hemi Energy, is quoted as saying that, �Hemi Energy is proud and honored to be a part of this program with such a distinguished American as Alexander M. Haig, Jr. We are very grateful for this opportunity to be able to show how small domestic oil companies are important in re-development of under-utilized or mature oilfields that can bring domestic oil production back to America for Americans. We will also be joined at the drill site by a number of high level of other oil and gas production corporate executives who are interested in Hemi and Hemi's program of development.� Hemi Energy Group is an independent crude oil and natural gas producer employing a unique business model capitalizing on technological advances to exploit mature fields with millions of barrels of proven oil remaining in the ground. Hemi's Graham, Texas, office will be close from Monday Feb. 26 thru March 1, 2007, due to this drilling activity. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements. For additional information, please go to http://hemienergy.com or http://www.stockinformationsystems.com/c/HMGP/index.html.
Hemi Energy (GM) (USOTC:HMGP)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Hemi Energy (GM) Charts.
Hemi Energy (GM) (USOTC:HMGP)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Hemi Energy (GM) Charts.