Hemi Energy Group Closes on Acquisition of Additional 45 Oil Wells

Hemi Energy Group Inc. (Pink Sheets: HMGP) recently
consummated the purchase of an additional 45 oil wells and 2 injection
wells on the Orth-Reno, Orth-Silvey and Bennett Leases. The leases
were acquired on cash terms from Inlan Oceans LLC of Galena, Kansas.
The acquisition gives Hemi 100% working interest (net revenue interest
of 80%) on all lease acreage and wells.
   The acquired lease acreage and wells are located in Woodson
County, Kansas, comprised in excess of 1000 acres located adjacent to
Hemi's current Purcell, Tebbens and Zimmerman leases. This acquisition
gives the company 103 existing production and injection wells covering
over three square miles of contiguous Enhanced Oil Recovery (EOR)
operations. Production is from the Humboldt Chanute oil field
comprised of Mississippian era (squirrel) sand stone formations
located at intervals at less than 1000 feet of total depth. Since the
acquisition, company and contract field crews have been repairing and
reinstalling lease infrastructure, test pumping, rehabilitating wells
and establishing a baseline production for the leases and each
individual well. The company expects to have the leases online and in
full production within the next 30 working days depending on variables
such as weather and equipment availability.
   Keith A. Anderson, President of Hemi, said of this acquisition,
"As far as our leasing program is concerned, these leases are key to
making it possible for us to optimize the Kansas EOR operations. We
continue negotiating with additional mineral owners and companies for
both additional production and lease acreage in order to expand the
current EOR project. Pending the outcome of these negotiations, we
expect to acquire lease acreage to potentially give us 8 to 15 square
miles of contiguous EOR operations in the Humboldt Chanute field."
   Additionally, preliminary geological studies conducted and
identified by Tectonic Energy Consultants have identified the same
geological markers and trends identified outside the known boundaries
of the 150,000-acre Humboldt-Chanute field. Following the Tectonic
recommendations, we have begun leasing undeveloped or unexplored
acreage following this newly identified trend. This additional leasing
program is intended to be developmental drilling program, scheduled to
commence next spring.

   About Hemi

   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 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 www.hemienergy.com or
http://www.stockinformationsystems.com/c/HMGP/index.html

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