VANCOUVER, BRITISH COLUMBIA--(Marketwire - Mar 7, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce drilling operations have commenced in the Jenner area of southeast Alberta. Hemisphere is targeting the oil-bearing sandstones of the Glauconitic formation with its first horizontal development well of 2013. This horizontal well represents the third well Hemisphere has drilled under the farm-in agreement announced in June 2012. Results will be made available [Read more]

Hemisphere Energy Corporation is pleased to announce its financial and operating results for the three and nine months ended November 30, 2012. All amounts are expressed in Canadian dollars. Achievements and Highlights Increased third quarter revenue by 114% to $2.7 million compared to $1.3 million in the same quarter of the previous fiscal year. Increased revenue for the first nine months by 293% to $7.2 million compared to $1.8 million in the same period last year. Increased third [Read more]

Hemisphere Energy Corporation is pleased to provide an operational update on its fall drilling program in Jenner, southeast Alberta. Hemisphere has finished drilling three horizontal wells targeting the oil-bearing sandstones of the Glauconitic formation. Each horizontal well targeted a different oil pool within the Company''s core Jenner area. A completion rig has been mobilized to Jenner to begin completion operations. Production results from these three new oil wells will be announced as [Read more]