VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 22, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) is pleased to announce initial production results from the final three wells of its summer drilling program, record corporate production rates, and the commencement of a fall drilling program in Atlee Buffalo, Alberta. Production Update As a result of the successful summer drilling program, Hemisphere has achieved record [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 9, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce the promotion of Mr. Ian Duncan to Chief Operating Officer and the appointment of Ms. Ashley Ramsden-Wood to Vice President of Engineering, effective immediately. Mr. Duncan has served as Hemisphere's Vice President of Engineering since May 2011 and has been [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 27, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2014. Q2 2014 Achievements and Financial Highlights Achieved quarterly average production of 553 boe/d (82% oil and NGL), a 36% increase over the second quarter in 2013. Generated a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 26, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) is pleased to provide an update on operations from its five well summer drilling program in the Atlee Buffalo area of southeast Alberta. With two of the five wells from the drilling program having been on production for over 30 days Hemisphere's average corporate production rate during the first three weeks of August has [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 23, 2014) - Hemisphere Energy Corp. ("Hemisphere" or the "Company") (TSX VENTURE:HME) announces that it has closed the acquisition of certain petroleum and natural gas leases in the Atlee Buffalo area of southeast Alberta. The property includes an 85% working interest in 1.75 sections (1,120 acres) of land adjacent to Hemisphere's existing landbase. Total consideration for [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - Hemisphere Energy Corp. ("Hemisphere" or the "Company") (TSX VENTURE:HME) announces that it has entered in to an agreement to acquire certain petroleum and natural gas leases in the Atlee Buffalo area of southeast Alberta. The property includes an 85% working interest in 1.75 sections (1120 acres) of land adjacent to Hemisphere's existing landbase. Total [...]
Hemisphere Energy Corp. announced they will host their Archive Webcast of June 11, 2014 EPAC Oil and Gas Investor Showcase on 13-Jun-14 at 14:00 MT / 16:00 ET.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 9, 2014) - Hemisphere Energy Corp. ("Hemisphere" or the "Company") (TSX VENTURE:HME) is pleased to announce that its shareholders approved all matters put before them at the Company's Annual General and Special Meeting held on June 6, 2014 (the "Meeting"), as follows: Presented the annual audited financial statements of the Company for the year ended December 31, 2013 and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 5, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce that it has commenced its summer drilling program of five development wells in the Atlee Buffalo area of southeast Alberta. All five horizontal wells are offsetting the Company's first well in Atlee Buffalo, which was drilled in January 2014 and has averaged [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 28, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce its expanded capital expenditure plans for the remainder of 2014 as a result of the recently closed $10 million financing. Hemisphere plans to drill up to 10 additional wells in the remainder of 2014, bringing the total for the year up to 13 wells. The Company will [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 22, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2014. Q1 2014 Achievements and Financial Highlights Achieved quarterly average production of 567 boe/d (86% oil and NGL), a 37% increase over the same period in 2013. Generated a record $3.6 [...]
Hemisphere Energy is pleased to announce that it has closed the bought deal equity financing announced on April 25, 2014. The Company issued 13,333,500 common shares at a price of $0.75 per Common Share for aggregate gross proceeds of $10,000,125. The Offering was underwritten by a syndicate of underwriters led by Canaccord Genuity Corp. and including Dundee Securities Ltd., Industrial Alliance Securities Inc., Integral [...]