Hemisphere Energy Corp.

Hemisphere Energy Corp. is pleased to announce the appointment of Ashley Ramsden-Wood as Chief Development Officer. Ms. Ramsden-Wood has served as Vice President of Engineering at Hemisphere since 2014 and has been instrumental in the successful growth and development of the Company. Along with her technical engineering strengths, Ms. Ramsden-Wood provides invaluable contributions to corporate affairs, capital planning [...]

Hemisphere Energy Corp. is pleased to provide its financial and operating results for the three and nine months ended September 30, 2023, announce the declaration of a quarterly dividend payment to shareholders, and provide an operations update. Q3 2023 Highlights Second best quarter in corporate history for production, revenue, operating field netback, and adjusted funds flow from operations 1. Produced an average of [...]

Hemisphere Energy Corp. is pleased to provide an operations update and declare a special dividend to shareholders. Operations Update Hemisphere recently completed its 2023 summer drilling program in the Atlee Buffalo area. Eight wells were drilled with six wells planned as producers, one well designated as an injector, and one well to be produced for several months before being converted into an injector. All producing [...]

Hemisphere Energy Corp. provides its financial and operating results for the three and six months ended June 30, 2023, declares a quarterly dividend payment to shareholders, and provides an operations update. Q2 2023 Highlights Produced an average of 2,883 boe/d for the quarter and 3,026 boe/d for the six months ended June 30, 2023, a 9% increase over the first half of 2022. Attained quarterly revenue of $19.0 million [...]

Hemisphere Energy Corp. is pleased to announce that the TSX Venture Exchange has accepted the Company's Notice of Intention to renew of its Normal Course Issuer Bid to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 8,670,636 common shares of the Company, representing approximately 10% of the current public float of the Common Shares. Purchases of Common Shares will be made on the [...]

Hemisphere Energy Corp. announces the results of its Annual General and Special Meeting of Shareholders that was held today. A total of 41,139,641 common shares were voted, representing 41 percent of total shares issued and outstanding as at the April 14, 2023 record date of the Meeting. Shareholders voted in favour of all items put forward by the Company's Board of Directors and management, including: Fixed the number of [...]

Hemisphere Energy Corp. announces today that the Company has changed the previously announced record date for its quarterly cash dividend of C$0.025 per common share to be payable to the shareholders of record as of the close of business on June 7, 2023, from the shareholders of record as of the close of business on June 1, 2023. The dividend will continue to be payable on June 15, 2023. About Hemisphere Energy [...]

Hemisphere Energy Corp. provides its financial and operating results for the first quarter ended March 31, 2023, declares a quarterly dividend payment to shareholders, renews credit facility, and provides operations update. Q1 2023 Highlights Produced a record quarterly average of 3,171 boe/d, a 20% increase over the first quarter of 2022. Attained quarterly revenue of $18.7 million. Delivered an operating field netback1 [...]

Hemisphere Energy Corp. is pleased to provide its financial and operating results for the fourth quarter and year ended December 31, 2022. 2022 Highlights Increased annual production to 2,828 boe/d , a 55% increase over 2021. Achieved record annual revenue of $96.7 million, a 124% increase over 2021. Realized record annual adjusted funds flow from operations of $46.7 million, a 152% increase over 2021. Executed a [...]

Hemisphere Energy Corp. is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange for the second consecutive year. The 2023 TSXV 50 showcases the top 50 of over 1,700 TSXV issuers across five sectors: energy, mining, clean technology, life sciences, diversified industries, and technology. The ranking is an equal weighting of each company's performance during 2022 across three [...]