VANCOUVER, March 14, 2018 /CNW/ – Hemisphere Energy Corporation (TSX-V: HME) (“Hemisphere” or the “Company”) is pleased to announce that it has completed its winter development drilling program in Atlee Buffalo, southeast Alberta.
Hemisphere has finished its three-well drilling program in the Atlee Buffalo Upper Mannville G pool, where the Company recently constructed a large centralized oil battery. The results of pressure surveys at the wells indicate continued improvement of reservoir pressure across the pool from injection to date in this waterflood project. Completion and tie-in operations have commenced in the field and results of this winter drilling program will be announced as they become available.
About Hemisphere Energy Corporation
Hemisphere Energy Corporation is a producing oil and gas company focused on developing conventional oil assets with low risk drilling opportunities. Hemisphere plans continual growth in production, reserves, and cash flow by focusing on existing assets with significant growth potential and executing strategic acquisitions. Hemisphere trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol “HME”.