Hemi Energy Group Begins 2008 Kansas Drilling Program
Monday March 24, 11:00 am ET

FORT WORTH, Texas--(BUSINESS WIRE)--Hemi Energy Group, Inc. (Pink Sheets: HMGP - News) Rig 6 Drilling Co., Inc. of Bronson, KS has moved onto the 750 (gross) acre Collins lease and has commenced drilling the Collins-Hemi 1 well.

Additionally, last week the company conducted a series of re-completion techniques on the Sturgeon-Hemi 1 well. The well was put back on-line on Thursday. The well has been yielding very promising early oil production results, with oil production increasing on a daily basis since the well came back on-line.

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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.