VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 19, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) is pleased to provide an update on operations in its Atlee Buffalo property in southeast Alberta. Hemisphere's first horizontal well in Atlee Buffalo was drilled in January 2014 and targeted the oil-bearing Glauconitic sandstones within the Mannville Group. The well has been on production for over 30 days at an average [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 13, 2014) - Hemisphere Energy Corp. (the "Company") (TSX VENTURE:HME) is pleased to announce that its Board of Directors has approved the adoption of an Advance Notice Policy (the "Policy") to take effect immediately. The purpose of the Policy is to: (i) facilitate an orderly and efficient annual general or, where the need arises, special meeting, process, (ii) ensure that [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 20, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) is pleased to announce production rates from its first well in the Atlee Buffalo area of southeast Alberta. Hemisphere's first horizontal well in Atlee Buffalo targeted the oil-bearing sandstones of the Glauconitic formation. The well was recently completed, tied in and placed on production with an initial pumping rate [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 28, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) announces that it has successfully drilled its first three development wells of the 2014 drilling program in the Atlee Buffalo and Jenner areas of southeast Alberta. Hemisphere's first well of the drilling program targeted the oil-bearing sandstones of the Glauconitic formation in the newly acquired Atlee Buffalo [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 6, 2014) - Hemisphere Energy Corp. (TSX VENTURE:HME) is pleased to announce that it has commenced operations for its winter drilling program with three development wells planned in the Atlee Buffalo and Jenner areas of southeast Alberta. Hemisphere's first well of the winter drilling program is underway in the newly acquired Atlee Buffalo property. The horizontal [...]
Hemisphere is pleased to announce that it has closed the bought deal equity financing announced on November 21, 2013. The Company issued 4,182,550 units, comprised of one common share and one half of one warrant of Hemisphere at a price of $0.55 per Unit and 3,077,000 common shares to be issued on a "CEE flow-through" basis at a price of $0.65 per CEE Flow-Through Share for aggregate gross proceeds of $4,300,453. Each [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Nov. 21, 2013 /CNW/ - Hemisphere Energy Corp. ("Hemisphere" or the "Company" - TSXV: HME) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and including Integral Wealth Securities Limited and MGI Securities Inc. (collectively the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 19, 2013) - Hemisphere Energy Corp. (TSX VENTURE:HME) ("Hemisphere") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2013. Q3 2013 Highlights Achieved highest quarterly production rate of 461 boe/d with an 82% oil and NGL weighting. Generated record revenue of $3.2 million which represents a 56% increase over the [...]
Hemisphere Energy is pleased to announce that it has closed the previously announced $3.35 million acquisition of oil and gas assets in the Atlee Buffalo area of southeast Alberta from an intermediate Canadian producer effective June 1, 2013. The Atlee Buffalo Acquisition provides Hemisphere with an opportunity to apply its technical experience and successful track record in drilling horizontal wells and implementing [...]
Hemisphere Energy is pleased to announce it has entered into a formal letter of intent with an intermediate Canadian producer to purchase certain oil and gas assets in the Atlee Buffalo area of southeast Alberta.
Hemisphere Energy is pleased to provide an operational update regarding its activities in the Jenner area of southeast Alberta. Hemisphere has completed tie-in operations of its most recently drilled well and has commenced production. The well was drilled in late August and is now pipeline connected to third party facilities. This is Hemisphere's 12th consecutive successful horizontal well in the Jenner area.
Hemisphere Energy is pleased to announce successful production test results of its recently drilled well in the Jenner area of southeast Alberta. Hemisphere has finished drilling, completing and testing its 12th horizontal well in Jenner targeting the Glauconitic formation sandstones. The well was placed on a production test for a 78 hour period. Over the last 24 hours of the test, the well continued to flow up the casing [...]
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