Hemi 2 Well Comes in at 68 Bbls Per Day and Increases Mature Wells Production

  
    
  
  
    
      Hemi’s first new oil well (the Hemi 2) on the 
      Reno lease located in Woodson County, Kansas, has Initial Production at 
      68 bbls per day. The oil pay zone stimulation process used to complete 
      the Hemi 2 well has produced a more efficient and better producing well. 
      This Initial Production is significantly higher than the results seen in 
      the typical SE Kansas oil wells. The application of the information 
      derived from the additional testing and completion techniques used on 
      the Hemi 2 well will allow all new wells to be completed in a much more 
      efficient and timely manner.
    
    
      This important oil pay zone stimulation process developed by Hemi 
      greatly increased oil production in its mature reworked wells, which 
      were located within ½ to 1 mile from the new 
      well, at the same time it was producing the first new well. Five mature 
      wells that were producing approximately 3 to 5 bbls per day each have 
      increased their baseline production to more than 5 to 8 bbls per day 
      each.
    
    
      There are also an additional eight wells that are in the process of 
      being reworked within a ¾-mile radius to the 
      new well. Based on a test well production, Hemi’s 
      opinion is that this stimulation process will also improve each of these 
      8 reworked wells’ oil production that will be 
      baselined in bbls per day within less than two weeks. Hemi’s 
      process will increase production from 4 geological pay zones as multiple 
      new wells are completed this spring on contiguous leases.
    
    
      Hemi’s extensive library of geological 
      information about all pay zones in our area of southeast Kansas, and the 
      testing information derived from producing our first new well, was used 
      for the development of this process. The application of this process for 
      new wells to be drilled on all five leases, which also have mature 
      reworked wells and encompasses over 3 square miles in Woodson County, 
      Kansas, will substantially increase total oil production from mature 
      reworked wells.
    
    
      The importance of being able to efficiently produce more oil per well at 
      less cost per bbl from mature reworked wells cannot be over-emphasized. 
      The blanket geological formations in southeast Kansas and the 
      Humboldt-Chanute field will become more valuable pay zones using Hemi’s 
      oil stimulation process on leases with mature oil wells.
    
    
      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. Using attractive lease/royalty packages, Hemi 
      has secured, in its history, tens of thousands of acres of productive 
      domestic projects. The company’s 
      forward-thinking strategy has placed it in an enviable position at a 
      time when prices and global demand for oil continue to rise.
    
    
      Building on decades of experience in enhanced oil recovery, Hemi has 
      successfully amassed a substantial and attractive portfolio of these 
      high-quality domestic properties. By streamlining operations through 
      cutting-edge technologies, Hemi has the ability to operate more 
      effectively and efficiently than larger oil companies.
    
    
      For additional information, please go to http://hemienergy.com 
      or http://www.stockinformationsystems.com/c/HMGP/index.html
    
    
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