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Hemisphere Energy Announces Record Production Growth and Participation in Upcoming Investor Conference
Hemisphere Energy Announces Record Production Growth and Participation in Upcoming Investo...
About this update from Hemisphere Energy Corp
[{"type":"text","content":"\n\n\n\nHemisphere Energy Announces Record Production Growth and Participation in Upcoming Investor Conference\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Sept. 26, 2018\n\n\n\nTSX-V: HME\n VANCOUVER, Sept. 26, 2018 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) (\"Hemisphere\" or the \"Company\") is pleased to provide an update on field operations and corporate participation in an upcoming conference.  \nBased on field estimates, corporate production has averaged approximately 1510 boe/d (97% oil) during the week of September 15th-21st. This production number does not include the final two new wells from the 11 well summer drill program, which are scheduled to come on production by the end of September. \nHemisphere also expects its Upper Mannville G pool facility expansion to be complete by the end of September, with start-up of the new SKUD (inclined free water knockout) and oil treater planned for the first week of October. Management anticipates additional growth in production rates from both of its Atlee Buffalo pools through the fourth quarter as wells continue to clean up and the facilities are optimized following their recent expansion work.\nDon Simmons, President and CEO of Hemisphere, will be representing the Company at its exhibitor booth at the Schachter Energy Conference to be held on Saturday September 29, 2018, at the TELUS Convention Centre in Calgary, Alberta.\nPlease see our website at www.hemisphereenergy.ca for the company's updated corporate presentation.\nAbout Hemisphere Energy Corporation\nHemisphere Energy Corporation is a producing oil and gas company focused on the development of low risk conventional oil assets for minimal capital exposure by drilling known pools of oil and optimizing waterflood projects. Hemisphere plans continued growt...