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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 > what do you figure re: alluded to 5 wells successfully
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Post by drunk@noon on Apr 22, 2024 10:26pm

what do you figure re: alluded to 5 wells successfully

drilled into their new play. (3 producers/2 injectors.) Does using the term successful mean anyting other than the physical completion of the wells. No mention of production or any kind of metrics so  I guess there is no indication of the wells performance or indications of quality of reservoir, porosity etc. If successful a second field would be hudge, as field number one has a PDP double the current shareprice.
Comment by pennydredful on Apr 24, 2024 4:02pm
THey  need  above  ground  infrastructure   to bring   these  wells  on. 
Comment by pennydredful on Apr 24, 2024 4:30pm
to be  done  this  summer .  Company   prefers  to  avoid   bad  weather  , ground  frost  etc. 
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