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Bullboard - Stock Discussion Forum Hemisphere Energy Corp V.HME

Alternate Symbol(s):  HMENF

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... see more

TSXV:HME - Post Discussion

Hemisphere Energy Corp > Hemisphere Energy Grows Proved Reserve Value to $325 Million
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Post by Betteryear2 on Mar 12, 2024 9:03am

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)
Comment by pennydredful on Mar 14, 2024 5:28pm
stock   trading  at   50%    of reserves  if not less !
Comment by pennydredful on Mar 18, 2024 4:00pm
hits     12   month  HIGH   
Comment by pennydredful on Apr 06, 2024 2:40pm
Reminds  me  of  the  Great  Jackie Wilson   song    Higher and Higher !
Comment by EagleHasLanded on Apr 12, 2024 5:01am
According to the NPV10 numbers one can argue that the upside in SP is up to 2-3 dollars 
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