Operator · Montney Shale
Hemisphere Energy Corp
45 articles mentioning Hemisphere Energy Corp · Page 2 of 3
Hemisphere Energy Talks Waterflood Production in Southern AB
Production from the pool in 2015 peaked at over 650 boe/d
Hemisphere Energy Renews Credit, Plans First Atlee Waterflood
Received approval from the AER for its first waterflood pilot scheme in the Atlee Buffalo Upper Mannville.
Hemisphere Updates Reserves, 2014 Drilling Recap
Drilled and placed on production 10 hz oil wells in Atlee Buffalo, 2 hz oil wells in Jenner.
Hemisphere Defers Drilling to 2H 2015
Deferred drilling activity until the second half of 2015.
Hemisphere Increases Credit Line
Substantial increase comes from drilling success and production growth from the Company's 2014 capital program.
Hemisphere Completes Drilling, Awaiting Production at Atlee Buffalo
Production and the completion of its five well fall drilling program in the Atlee Buffalo and Jenner areas
Hemisphere Makes Addition to Board of Directors
Hemisphere Energy Corporation has announced the appointment of Mr. Richard Wyman to the Board of Directors effective October 7, 2014.
Hemisphere Brings 5 HZ Pad Wells Online at Atlee
During the summer of 2014, Hemisphere successfully completed the first five well drilling campaign in its corporate history.
Hemisphere Adds 10 Wells to Atlee Buffalo Plans
The Company will focus on further development in the Atlee Buffalo area.
Hemisphere Oil-Weighted Production Increases
Quarterly average production of 567 boe/d (86% oil and NGL), a 37% increase over 2013.
Hemisphere Shows Excitement for Atlee Buffalo Development
Hemisphere drilled one well in the Atlee Buffalo property and the results have been better than expected.
Hemisphere Sees 57% Jump in Proved Reserves
Additionally, Hemisphere increased Proved plus Probable reserves by 64% to 2,073.7 Mboe (89% oil & liquids).
Hemisphere Sees Better than Expected Results at Atlee Buffalo Property
Hemisphere acquired the Atlee Buffalo property in November 2013 with the plan to increase oil recovery from existing pools using horizontal wells and future pressure maintenance.
Hemisphere Kicks off 2014 Drilling Program near Atlee Buffalo, Jenner
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...
Hemisphere Energy Improves Quarterly Production
Achieved highest quarterly production rate of 461 boe/d with an 82% oil and NGL weighting. Achieved record production rate of approximately 675 boe/d with a 75% oil and NGL weighting in mid-November 2013.
Hemisphere Hits Record Oil Production Post Atlee Deal
Hemisphere anticipates completion of upgrades at its main oil battery to increase water handling capacity by late November.
Hemisphere Completes 12th Jenner Well; Preps for Q4 Operations
Hemisphere has completed tie-in operations of its most recently drilled well and has commenced production.
Hemisphere's 12th Jenner Test Well Flows Oil, Gas
This well was drilled under a farm-in agreement and earns the company an additional 1/2 section of land in the Jenner area.
Hemisphere Ups Credit Facility After Reserve Additions
As a result of reserve additions and production increases from its 2012 drilling activity, the company's credit facility was increased from $5.5 million to $9.5 million.
Hemisphere Touts 117% Growth in Oil, NGL Production
After closing a strategic acquisition in January 2012, Hemisphere continued its growth throughout the year achieving many milestones, including record production.