Hemi Energy Group, Inc. April Update

  
    
  
  
    
      Hemi Energy Group, Inc. (Pink Sheets: HMGP) The evaluation of the well 
      logs and the drill cutting samples from the new well drilled on the 
      Collins lease in Woodson County, Kansas has good oil shows from multiple 
      pay zones. This well should be a good producing oil well after it is 
      frac'ed and other completion techniques are finalized based on 
      experience of industry professionals. This is not a mature lease and 
      therefore should have longer lasting production at a higher rate than 
      wells that are drilled on leases with mature wells in southeast Kansas. 
      Hemi learned much more about deeper pay zones (the Company has declared 
      tight hole status) from this drill site but this will not be divulged at 
      this time for proprietary reasons.
    
    
      An updated and expanded reserves report is in progress on our leases 
      with wells in Woodson County, Kansas. The well logs and core samples 
      from several new wells that we have drilled in this area will help 
      expand our oil and gas reserves. This report will also begin to verify 
      blanket geological formations of our much larger virgin leases' acreage 
      that are adjacent and contiguous to the west and to the northwest of our 
      five mature producing leases whose total is approximately three square 
      miles.
    
    
      Hemi has 64,394,000 shares of stock outstanding. Hemi has never issued 
      convertible debentures, preferred shares or any other forms of toxic 
      financing and Hemi also remains debt free. Neither Hemi nor Hemi's 
      management have sold shares in 2008. Therefore, Hemi's opinion is that 
      after hours postings are not shares being sold in volume but are 
      predominately reporting of transactions from the day. Hemi's 
      artificially low market cap is substantially below book value based on 
      conservative oil and gas industry standards. We believe, as oil and gas 
      reserves are proved up in several states, that a realistic value will be 
      assigned based on assets.
    
    
      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.
    
    
      "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 
      or http://www.stockinformationsystems.com/c/HMGP/index.html.