Hemi Energy Group Begins 2008 Kansas Drilling Program
March 24 2008 - 10:00AM
Business Wire
Hemi Energy Group, Inc. (Pink Sheets: HMGP) Rig 6 Drilling Co.,
Inc. of Bronson, KS has moved onto the 750 (gross) acre Collins
lease and has commenced drilling the Collins-Hemi 1 well.
Additionally, last week the company conducted a series of
re-completion techniques on the Sturgeon-Hemi 1 well. The well was
put back on-line on Thursday. The well has been yielding very
promising early oil production results, with oil production
increasing on a daily basis since the well came back on-line. "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.
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