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Hemisphere Energy Corp V.HME

Alternate Symbol(s):  HMENF

Energy Oil & Gas E&P
Hemisphere Energy Corporation is a Canada-based oil company. The Company produces oil and natural gas from its Atlee Buffalo and Jenner properties in southeast Alberta. Atlee Buffalo is its core area, located approximately 85 kilometers north of Medicine Hat. The property has two oil pools, both producing under Enhanced Oil Recovery (EOR) schemes, that are fully delineated by vertical wells and defined by 3D seismic. The Jenner property is located 25 kilometers southwest of Atlee Buffalo. It also specializes in the development of conventional oil pools using enhanced oil recovery methods, such as waterflood and polymer flood to maximize production and oil recovery.


TSXV:HME - Post by User

Hemisphere Energy Corp
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Post by Grease99on Apr 27, 2016 12:32am
193 Views
Post# 24813619

Cash Flow Negative

Cash Flow Negative
Back under $0.10 the shares go!!! LOL Soon to be cash flow negative for 3 quarters in a row!! A "going concern" to say the least. What's curret production rates and water cuts??? LOL LOL!!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities