Operator · Montney Shale
Hemisphere Energy Corp
45 articles mentioning Hemisphere Energy Corp · Page 1 of 3
Hemisphere Energy Corp. Third Quarter 2021 Results
Hemisphere Energy Corp. reported its Q3 2021 results. Q3 Financial & Operating Highlights During the third quarter, Hemisphere invested just over $3.3 million in its Atlee Buffalo field operations. The majority of capital expenditures included a...
Hemisphere Energy First Quarter 2021 Results
Hemisphere Energy Corp. reported its Q1 2021 results. Highlights: Recorded a 9% increase in production over the previous quarter, at 1,654 boe/d (99% heavy crude oil and 1% conventional natural gas). Generated revenue of $7.9 million,...
Hemisphere Energy Talks 2021-22 Outlook; Capex, Production
Hemisphere Energy Corp. reported an update on its operations and provide corporate guidance for 2021 and 2022. Operations Update and Development Plans During the first quarter of 2021 Hemisphere has seen an overall increase in production...
Hemisphere Energy Fourth Quarter, Full Year 2020 Results
Hemisphere Energy Corp. detailed its Q4 and full year 2020 update. 2020 Summary Capital spending for 2020 was minimal at approximately $1.5 million, with the remainder of funds flow allocated to debt repayment. Hemisphere paid down...
Hemisphere Energy First Quarter 2020 Results
Hemisphere Energy Corp. announces its financial and operating results for the three months ended March 31, 2020. Q1 2020 Highlights Achieved revenue of $5.0 million. Realized an operating netback of $3.5 million. Attained quarterly adjusted funds...
Hemisphere Energy Reports Q3 2019 Results
Hemisphere Energy Corp. reported its Q3 2019 results. Highlights: Achieved record revenue of $8.2 million, a 40% increase over the third quarter of 2018. Realized record quarterly funds flow from operations of $3.6 million, a 157%...
Hemisphere Reports Q2 2019 Ops, Financial Results
Hemisphere Energy has reported its Q2 2019 results. Highlights: Achieved record revenue of $7.4 million, an increase of 32% over the second quarter of 2018. Realized quarterly funds flow from operations of $2.6 million, a 105%...
Hemisphere Energy Details Q1 2019 Results
Hemisphere Energy Corp. reported its Q1 2019 results. Q1 2019 Highlights Achieved record revenue of $6.4 million, an increase of 90% over the first quarter of 2018. Realized record quarterly funds flow from operations of $2.6...
Hemisphere Delays Capex, Ops to 3Q Due to Price Volatility; Updates Production
Hemisphere Energy reported an update on operations as well as its plans for 2019. 2019 - Capex Deferred Until 3Q In response to the price volatility, Hemisphere has deferred its capital spending program to the third...
Hemisphere Wraps Up Drilling 11-Well Program; Output Averaging 1,430 BOEPD
Hemisphere Energy has successfully completed the drilling component of its 11 well summer program, of which 10 wells will be produced and one well used as a water injector at this time. Corporate production has averaged...
Hemisphere Touts Huge Jump in Output from Q1, YOY; Talks Q2 Activity
Hemisphere Energy reported a Q2 2018 update on operations. - Hemisphere has continued to show significant progress in production growth. During the three month period ended June 30, 2018, the Company achieved an average corporate production...
Hemisphere Sees 80% Production Jump in Q2 from 2017; 11 Wells Forthcoming
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...
Hemisphere's Lenders Upsize Company's Term Loan by $10MM
Hemisphere Energy has reported an increase to its term loan. The loan has been increased by US$10 million, bringing the aggregate amount committed by the lender under the Term Loan to US$30 million. The Term Loan...
Hemisphere Wraps Up Winter Drilling Program in Alberta
Hemisphere Energy has wrapped up its winter drilling program at its Atlee Buffalo prospect in SE Alberta. The drilling targeted the Upper Mannville G pool, where the Company recently constructed a large centralized oil battery. Completion...
Hemisphere Commences Fall Drilling Program; Seven Well Plan
Hemisphere Energy has commenced its fall drilling program. The company plans to drill seven wells at its Atlee Buffalo prospect. Of these seven horizontal development wells, drilling plans include three producing wells into the Upper Mannville...
Hemisphere Boosts Reserves by 549 MBOE; Talks 2016 Results
Hemisphere Energy reported its year-end 2016 results.
Hemisphere Details IP30 from Latest Mannville Well; Cuts Costs 45%
With stable production rates and fluid levels observed, Hemisphere has recently increased the pump speed.
Hemisphere to Develop Water Facility at Atlee Asset; Plans One Well
Hemisphere Energy Corporation announces its financial and operating results for the three months ended March 31 , 2016.
Hemisphere Starts EOR Pilots at Atlee-Buffalo; Hits 776 BOE/d
Hemisphere Energy Corporation reported its financial and operating results for the year ended December 31 , 2015.
Hemisphere Minimizing 2016 Ops; Ups Production 13% in 2015
Hemisphere achieved an average corporate production rate for 2015 of approximately 774 boe/d (80% oil) which is a 13% increase over 2014.