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Hemisphere Energy Corp V.HME

Alternate Symbol(s):  HMENF

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

Comment by matt2018on Oct 18, 2023 10:34pm
259 Views
Post# 35690191

RE:one has to applaud management and marvel at the value

RE:one has to applaud management and marvel at the valueDont believe maximizing the NCIB is a priority.
They purchased just over 1M shares in Q1 & Q2 combined.
Certainly not on pace to purchase the 8M+ shares allowable under the NCIB.
However, the stock price has been gaining since they announced the special div so they are attacting new group of investors.

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