HMGP to Acquire Additional 104 Wells - Hemi Energy
Hemi Energy to Acquire an Additional 104 Wellsanastomotic
GRAHAM, Texas–(BUSINESS WIRE)–Sun, 30 Jul 2006 04:06:40 -0600–Hemi Energy (HMGP) announces that it is finalizing the acquisition of approximately 104 additional wells. These additional wells are located adjacent and offsetting to the 63 wells currently being upgraded and converted to EOR (Enhanced Oil Recovery). This acquisition will allow for ongoing expansion of Hemi’s current Eastern Kansas EOR operations. This critical acquisition will give Hemi in excess of four contiguous square miles of EOR operations. This acquisition is expected to close within 7-14 working days.bodice
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