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Hemisphere Sees 80% Production Jump in Q2 from 2017; 11 Wells Forthcoming

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   |    Friday,June 22,2018

Hemisphere Energy reported an update on its drilling and field operations.

The Company has continued to see operational and waterflood success through the first two quarters of 2018 with stable field production rates for the month of June to date estimated at 1,090 boe/d (97% oil). This represents an 80% increase over Hemisphere’s 2017 annual production rate.

Hemisphere is planning to drill up to 11 wells in Atlee Buffalo over the next three months, as well as expand both the Upper Mannville G and F pool batteries to provide additional capacity for continued oil production growth. ]

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