|
|
Article: Hemi Energy Group Announces Lease Sale Negotiations.
- Article from:
- Business Wire
- Article date:
- April 22, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
FORT WORTH, Texas -- Hemi Energy Group, Inc. (Pink sheets: HMGP) is in negotiations to sell some of its leases, while maintaining royalty interest, to be pooled with other leases held by major oil companies in the Fort Worth area. These companies have major developmental drilling programs in the Barnett Shale leases they own and are still acquiring in greater Fort Worth. Hemi has added more and will continue to add to its checkerboarding lease holdings in Fort Worth that will absolutely be legally required "well spacing requirements" before major oil companies can obtain a permit to drill. They are also looking at the values of some of Hemi's leases far from Fort Worth, ...
Related newspaper, magazine, and journal articles:
|
|
Article: Hemi Energy Group Announces Updates on Oil Leases ...
Business Wire;
October 18, 2007 ;
700+ words
...FORT WORTH, Texas -- Hemi Energy Group, Inc. (Pink sheets:HMGP) is in the process of increasing ... zones which are not yet factored into the valuation. Hemi Energy Group is an independent crude oil and natural gas producer employing ...
|
|