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 > Hemisphere Energy Grows Proved Reserve Value to $325 Million

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Post by Betteryear2on Mar 12, 2024 9:03am

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Hemisphere Energy Grows Proved Reserve Value to $325 Million

Vancouver, British Columbia--(Newsfile Corp. - March 12, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce highlights from its independent reserves evaluation (the "Reserve Report"), prepared by McDaniel & Associates Consultants Ltd. ("McDaniel") and effective as at December 31, 2023.

Hemisphere Energy Grows Proved Reserve Value to $325 Million and Proved Net Asset Value to $3.18 per Fully Diluted Share (newsfilecorp.com)

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