Article: Hemi Energy Group Updates for Kansas and Texas.

FORT WORTH, Texas -- Hemi Energy Group, Inc. (Pink Sheets: HMGP) January oil production ramped up to 669 bbls from the December production of 461 bbls. We sold 395 bbls in January and are cash flow positive as we were in December. Even though we are in the dead of winter in Kansas, which required us to periodically shut down some wells on leases for maintenance caused by winter weather, we have still been able to increase production to this level. Not reflected in these numbers is the Bennett lease which is still off line for additional development and service work. The de-watering process is working well as the ratio of oil to water is continuing to improve which ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!