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Hemisphere Energy Corporation has announced that it has successfully drilled its first three development wells of the 2014 drilling program in the Atlee Buffalo and Jenner areas of southeast Alberta.
Hemisphere's first well of the drilling program targeted the oil-bearing sandstones of the Glauconitic formation in the newly acquired Atlee Buffalo property. In Jenner, Hemisphere drilled two development horizontal wells targeting the Glauconitic formation. All three wells encountered excellent reservoir along the horizontal section to total depth.
The wells are all near infrastructure and are currently being completed and tied in. Production is anticipated to commence in February 2014 and results will be announced as they become available.
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