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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 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

Post by drunk@noonon Apr 22, 2024 10:26pm
82 Views
Post# 36002548

what do you figure re: alluded to 5 wells successfully

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.
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