TSX-V: HME VANCOUVER, Oct. 19, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce that it has completed its fall drilling program and the expansion of its Atlee Buffalo F pool facility. Hemisphere successfully drilled six horizontal development wells targeting the Glauconitic Sands of the Upper Mannville F and G pools in the Atlee Buffalo area of southeast Alberta. All [...]
TSX-V: HME VANCOUVER, Sept. 21, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce that it has initiated its fall development program and has granted incentive stock options. Development Program Hemisphere has commenced its previously announced drilling program consisting of seven wells in the Atlee Buffalo area of southeast Alberta (news release dated September 15 [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TSX-V: HME VANCOUVER, Sept. 15, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce that it has entered into a new and significantly increased credit facility (the "New Credit Facility") with Cibolo Energy Partners, LP and certain of its affiliates (collectively, "Cibolo"), a [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TSX-V: HME VANCOUVER, Sept. 15, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce that it has entered into a new and significantly increased credit facility (the "New Credit Facility") with Cibolo Energy Partners, LP and certain of its affiliates (collectively, "Cibolo"), a [...]
TSX-V: HME VANCOUVER, Aug. 23, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2017. Q2 2017 Highlights Achieved quarterly average production of 600 boe/d (92% oil), a 22% increase over the second quarter of 2016. Increased revenue by 67% to $2.4 million compared to $1.4 million for the second [...]
TSX-V: HME VANCOUVER, Aug. 8, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to provide an update on its operations and current production. Over the past number of months, Hemisphere has continued to focus on enhancing its waterflood projects in Atlee Buffalo while optimizing all of its producing wells in southern Alberta. A pipeline was recently constructed at the Atlee [...]
TSX-V: HME VANCOUVER, May 25, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") announces its financial and operating results for the three months ended March 31, 2017. Q1 2017 Highlights Achieved quarterly production average of 583 boe/d (91% oil), a 15% increase over the first quarter of 2016. Increased revenue by 145% to $2.3 million compared to the first quarter of 2016. Increased [...]
TSX-V: HME VANCOUVER, May 8, 2017 /CNW/ - Hemisphere Energy Corp. ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce the renewal of its credit facility. Following the annual review with its lender, the borrowing base under Hemisphere's credit facility was reaffirmed and maintained at $12.5 million. All covenants and applicable margins on borrowing costs remain unchanged. As at May 5, 2017, the Company [...]
TSX-V: HME VANCOUVER, April 27, 2017 /CNW/ - Hemisphere Energy Corp. ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce the closing of its previously announced non-brokered private placement offering (the "Offering"). Hemisphere issued 4,048,200 flow-through shares ("Flow-Through Shares") at a price of $0.28 per share, which were issued on a Canadian Development Expense flow-through basis pursuant to the [...]
TSX-V: HME VANCOUVER, April 19, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2016. During 2016 Hemisphere focused on strategic investments to build long term shareholder value by maximizing reserve additions with minimal capital. The Company concentrated on its Atlee Buffalo property in [...]
TSX-V: HME VANCOUVER, April 6, 2017 /CNW/ - Hemisphere Energy Corp. ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce a non-brokered private placement offering (the "Offering") of up to 3,125,000 common shares of Hemisphere ("Flow-Through Shares") at a price of $0.28 per Flow-Through Share to be issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the Income Tax Act [...]
TSX-V: HME VANCOUVER, Feb. 14, 2017 /CNW/ - Hemisphere Energy Corp. (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce highlights from its independent reserves evaluation as at December 31, 2016 prepared by McDaniel & Associates Consultants Ltd. ("McDaniel"). In 2016, Hemisphere's estimated average corporate production rate was 526 boe/d (86% oil). Throughout the year the Company invested $2.4 million of [...]
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