TSX-V: HME VANCOUVER, Aug. 1, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to provide an update on its drilling and field operations. Hemisphere has continued to show significant progress in production growth. During the three month period ended June 30, 2018, the Company achieved an average corporate production rate of over 1,050 boe/d , based on field estimates. This growth in production represents a 22% increase [...]
TSX-V: HME VANCOUVER, June 20, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to provide an update on its drilling and field operations. The Company has continued to see operational and waterflood success through the first two quarters of 2018 with stable field production rates for the month of June to date estimated at 1,090 boe/d . This represents an 80% increase over Hemisphere's 2017 annual production rate. With a [...]
TSX-V: HME VANCOUVER, June 4, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to announce an increase to its term loan. Hemisphere has amended its credit agreement with its third?party lender in order to increase the commitment amount available to Hemisphere on its multi?draw, non?revolving term loan facility by US$10 million, bringing the aggregate amount committed by the lender under the Term Loan to US$30 million. The [...]
TSX-V: HME VANCOUVER, May 23, 2018 /CNW/ - Hemisphere Energy Corp. announces its financial and operating results for the three months ended March 31, 2018. Q1 2018 Highlights Achieved quarterly production average of 858 boe/d , a 47% increase over the first quarter of 2017. Increased revenue by 48% to $3.4 million compared to the first quarter of 2017. Drilled three additional development wells for total capital [...]
TSX-V: HME VANCOUVER, May 8, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to provide an update on its operations and current production. Hemisphere had an active start to 2018 with three Atlee Buffalo G pool development wells drilled in the first quarter. The first well was completed as a producing oil well and tied-in to the new Atlee Buffalo G pool facility in late March 2018. It has now been on production for over [...]
TSX-V: HME VANCOUVER, April 26, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2017. Last year was a transformational year as Hemisphere transitioned from strategic investment to aggressive growth. In September 2017 Hemisphere entered into a five-year term loan that allows the Company to draw up to US$35 million to fund [...]
TSX-V: HME VANCOUVER, March 20, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to announce highlights from its independent reserves evaluation effective as at December 31, 2017 prepared by McDaniel & Associates Consultants Ltd. . In September 2017, Hemisphere entered into a five-year term loan with a borrowing base of up to US$35.0 million. This has allowed Hemisphere to actively move forward with development of its [...]
TSX-V: HME VANCOUVER, March 14, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to announce that it has completed its winter development drilling program in Atlee Buffalo, southeast Alberta. Hemisphere has finished its three-well drilling program in the Atlee Buffalo Upper Mannville G pool, where the Company recently constructed a large centralized oil battery. The results of pressure surveys at the wells indicate [...]
TSX-V: HME VANCOUVER, Feb. 21, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to announce that it has commenced its winter development drilling program in Atlee Buffalo, southeast Alberta. Hemisphere has begun its three-well drilling program in Atlee Buffalo, which includes one producer and two injectors. All three of these wells are located in the Upper Mannville G pool where the Company recently constructed a [...]
TSX-V: HME VANCOUVER, Feb. 1, 2018 /CNW/ - Hemisphere Energy Corp. is pleased to announce an increase to its term loan and subsequent development plans for the first quarter of 2018. Term Loan Hemisphere has amended its credit agreement with its third-party lender in order to increase the commitment amount available to Hemisphere on its multi-draw, non-revolving term loan facility by US$5.0 million, bringing the aggregate [...]
TSX-V: HME VANCOUVER, Dec. 13, 2017 /CNW/ - Hemisphere Energy Corp. is pleased to announce updates on its corporate production and highlights from its recent fall development program. Production Update Following Hemisphere's fall drilling program in Atlee Buffalo, field-estimated corporate production has averaged approximately 950 boe/d over the last two weeks, representing a 40% increase over the Company's third-quarter [...]
TSX-V: HME VANCOUVER, Nov. 23, 2017 /CNW/ - Hemisphere Energy Corp. announces its financial and operating results for the three and nine months ended September 30, 2017. Q3 2017 Highlights Achieved quarterly average production of 681 boe/d , a 31% increase over the third quarter of 2016 and 15% increase over the second quarter of 2017. Increased revenue by 68% to $2.7 million compared to $1.6 million for the third [...]
+28,25 %
-85,71 %
