Mindset:
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Hemi
Energy carefully selects underutilized, mature wells with known
value and then uses the latest and most effective technology to
increase oil production. The Company has an extensive library of
forgotten government and private data detailing potential and existing
oil fields. This exclusive data of previously drilled wells has
been collected over many years, enabling Hemi to find viable sites
and avoid failures.
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Perform sophisticated level of research including intensive oil
field history and engineering reports on a target location.
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From this research we take the top 75% of the most promising proved
locations and perform an economic feasibility study. All this is
complete before we rush in and drill a well.
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Compile
all data to determine if we drill a new well, redevelop or rehabilitate
older wells.
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