Hemisphere Energy Corporation recently announced the successful completion of five development horizontal wells in the Atlee Buffalo area of southeast Alberta. These wells are currently undergoing completion and tie-in operations, with production results expected to be announced as they become available.

Hemisphere Energy focuses on resource recovery and production growth through low-cost operations in the oil and gas sector. The company has acquired certain petroleum and natural gas leases in the Atlee Buffalo area, which includes an 85% working interest in 1,120 acres of land adjacent to its existing landbase.

Hemisphere Energy Corporation

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Hemisphere Energy is focused on resource recovery and production growth through low-cost operations in the oil and gas sector.

Investor website: https://www.hemisphereenergy.ca/

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Hemisphere Energy is focused on resource recovery and production growth through low-cost operations in the oil and gas sector. The company emphasizes sustainable practices and aims to deliver value to its stakeholders.

Verified company data

Cash position: $27,363,336
Shares outstanding: 94,626,702
Fully diluted shares: 99,724,302
Mineral resource: Approximately 205,000 Mcf of proven plus probable reserves (independently engineered, effective December 31, 2008)
Projects: ["Hemisphere Energy Corporation announces that it has closed the acquisition of certain petroleum and natural gas leases in the Atlee Buffalo area of southeast Alberta. The property includes an 85% working interest in 1.75 sections (1,120 acres) of land adjacent to Hemisphere’s existing landbase. Total consideration for the acquisition was $510,000. The Company also announces that it has successfully drilled the five development horizontal wells of its summer drilling program in the Atlee Buffalo area of southeast Alberta. All five wells are undergoing completion and tie in operations and production results will be announced as they become available."]
Leadership: Don Simmons (President & Chief Executive Officer), Ian Duncan (Chief Operating Officer, Professional engineer with over 10 years of oil and gas operational experience in drilling, production, and facilities.), Ashley Ramsden-Wood (Vice President of Engineering, Professional engineer with over 12 years of oil and gas industry experience, previously worked at Petro-Canada and NAL Resources.), Richard Wyman (Director, Over 30 years of experience in the oil and gas sector, previously held roles at Esso Resources Canada, Gulf Canada, and Canaccord Genuity.)

Verified data last updated: 2026-10-02

Hemisphere Energy Corporation

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