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Hemisphere Energy Corp V.HME

Alternate Symbol(s):  HMENF

Energy Oil & Gas E&P
Hemisphere Energy Corporation is a Canadian oil company. The Company is focused on conventional heavy oil assets through polymer flood enhanced recovery methods. Its principal business is the acquisition, exploration, development and production of petroleum and natural gas interests in Canada. It specializes in the development of conventional oil pools using polymer flood enhanced oil recovery to maximize production and oil recovery. Its oil assets are in southeast Alberta, Canada. Buffalo is its core area, located approximately 85 kilometers north of Medicine Hat. The property has three oil pools, both producing under Enhanced Oil Recovery (EOR) schemes, that are fully delineated by vertical wells and defined by three-dimensional (3D) seismic. Its wholly owned subsidiary is Hemi Energy Inc.


TSXV:HME - Post by User

Hemisphere Energy Corp
Bullboard Posts
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(20)
•••
Post by mike49on Aug 18, 2019 9:06pm
195 Views
Post# 30041545

Maybe

MaybeEvery oiler has been hammered.
who can recover?
I have been out for awhile but starting to look again. Insiders buying heavy and they don't do that if they are worried about the lender.
always been a point with me but I suspect the covenants might change permanently or an equity stake is coming.
Glad to see that the ncib hasn't been acted on yet- extra cash should go to pay off the loan.
Watching....
Stay safe
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities