Hemisphere Energy Corp.

Hemisphere Energy Corp. is pleased to provide an operational and production update on its southern Alberta oil assets. During the second half of September, Hemisphere put the final two wells of its eleven well summer program on production. Based on field estimates, average corporate production between September 16 and September 30, 2019, has been approximately 2,400 boe/d . Hemisphere is monitoring the oil price [...]

TSX-V: HME  Hemisphere Energy Corp. is pleased to provide an operational and production update on its southern Alberta oil assets. Based on field estimates, average corporate production between September 1 and September 15, 2019 has been approximately 2,020 boe/d . This represents an increase of approximately 45% over second quarter production and is the direct result of new wells from Hemisphere's summer drilling program [...]

TSX-V: HME  Hemisphere Energy Corp. announces its financial and operating results for the three months and six months ended June 30, 2019. Q2 2019 HIGHLIGHTS Achieved record revenue of $7.4 million, an increase of 32% over the second quarter of 2018. Realized quarterly funds flow from operations of $2.6 million, a 105% increase over the same respective quarter of 2018. Increased average quarterly production by 30% to [...]

TSX-V: HME Hemisphere Energy Corp. is pleased to provide an operational update on its 2019 drilling program and field operations. Hemisphere is currently drilling the tenth horizontal well of its 2019 summer drilling program, with drilling operations for the first nine wells having progressed ahead of schedule and on budget. Two of the new wells have already been placed on production with the remainder of new wells [...]

TSX-V: HME Hemisphere Energy Corp. is pleased to announce that the TSX Venture Exchange has accepted the Company's Notice of Intention to make a Normal Course Issuer Bid to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 8,016,731 common shares of the Company, representing approximately ten percent of the current public float of the Common Shares. Purchases of Common Shares will be [...]

TSX-V: HME VANCOUVER, June 27, 2019 /CNW/ - Hemisphere Energy Corp. is pleased to announce it has started operations for its 2019 drilling program. After posting record corporate revenue, production, and funds flow from operations for the first quarter, Hemisphere has now commenced its 2019 drilling program in southern Alberta with plans to drill up to 16 wells in the Atlee Buffalo area during the year. Hemisphere is [...]

TSX-V: HME  Hemisphere Energy Corp. announces its financial and operating results for the three months ended March 31, 2019.  Q1 2019 Highlights Achieved record revenue of $6.4 million, an increase of 90% over the first quarter of 2018. Realized record quarterly funds flow from operations of $2.6 million, a 30% increase over the entire annual funds flow from operations for 2018. Increased quarterly production by 61% to [...]

TSX-V: HME  Hemisphere Energy Corp. is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2018.  During 2018, Hemisphere achieved record operational success with significant reserve, production, and revenue growth. The Company executed a $16.1 million capital expenditure program to drill 14 wells and expand both its Atlee Buffalo facilities. This development activity [...]

TSX-V: HME Hemisphere Energy Corp. is pleased to announce highlights from its independent reserves evaluation effective as at December 31, 2018 prepared by McDaniel & Associates Consultants Ltd. . During 2018 Hemisphere incurred capital expenditures of approximately $15.5 million, which included capital to drill 11 producing wells, three injector wells, and expand both batteries in the Atlee Buffalo area. This activity [...]

TSX-V: HME  Hemisphere Energy Corp. is pleased to provide an update on its Southern Alberta operations following the 11 well drilling program that was completed in the fall of 2018.    Based on field estimates, corporate production during the period of January 28 to February 4, 2019 averaged approximately 1600 boe/d . Oil production rates are continuing to improve after bringing certain wells back on production that were [...]