Articles related to Hemisphere Energy
 
24hGold - Publicnow
Hemisphere Energy Announces Closing of its Private Placement of Common Shares and CDE Flow-Through Common Shares for Total Gross Proceeds of $1.9 Million and its Plans to Drill Atlee Development Well
Vancouver, British Columbia, July 12, 2016 - Hemisphere Energy Corporation ('Hemisphere' or the 'Company') (TSX-V: HME) is pleased to announce the closing of the final tranche of its non-brokered private placement offering (the 'Offering'). In connection with the closing of the final tranche, Hemisphere issued 527,000 flow-through shares ('Flow-Through Shares') at a price of $0.21 per share, which were issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the
Tuesday, July 12, 2016
24hGold - Publicnow
Hemisphere Energy Announces Closing of the First Tranche of its Private Placement of CDE Flow-Through Common Shares and Common Shares for Total Gross Proceeds of Over $1 Million
Vancouver, British Columbia, June 29, 2016 - Hemisphere Energy Corporation ('Hemisphere' or the 'Company') (TSX-V: HME) is pleased to announce the closing of the first tranche of its non-brokered private placement offering (the 'Offering'). Hemisphere issued 2,743,000 flow-through shares ('Flow-Through Shares') at a price of $0.21 per share, which were issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the Income Tax Act (Canada), and 2,449,500 common share
Wednesday, June 29, 2016
24hGold - Publicnow
Hemisphere Energy Announces Results of Annual General and Special Meeting
Vancouver, British Columbia, June 13, 2016 - Hemisphere Energy Corporation ('Hemisphere' or the 'Company') (TSX-V: HME) is pleased to announce that its shareholders approved all matters put before them at the Company's Annual General and Special Meeting held June 10, 2016 (the 'Meeting') as follows: Presented the audited annual financial statements of the Company for the year ended December 31, 2015 and the report of the auditor thereon; Fixed the number of directors of the Company at six (
Monday, June 13, 2016
24hGold - Publicnow
Hemisphere Energy Announces Non-Brokered Private Placement of CDE Flow-Through Common Shares and Common Shares for Total Gross Proceeds of up to $1.6 Million
Vancouver, British Columbia, June 08, 2016 - Hemisphere Energy Corporation ('Hemisphere' or the 'Company') (TSX-V: HME) is pleased to announce a non-brokered private placement offering (the 'Offering') of up to 3,100,000 common shares of Hemisphere ('Flow-Through Shares') at a price of $0.21 per Flow-Through Share to be issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the Income Tax Act (Canada) and up to 5,000,000 common shares of Hemisphere ('Common Sha
Wednesday, June 8, 2016
24hGold - Publicnow
Hemisphere Energy Announces Q1 2016 Financial Operating Results
Vancouver, British Columbia, May 30, 2016 - Hemisphere Energy Corporation (TSX-V: HME) ('Hemisphere' or the 'Company') announces its financial and operating results for the three months ended March 31, 2016. Q1 2016 Highlights Achieved quarterly production averaging 508 boe/d (81% oil). Realized a $2.73/boe operating netback with a challenging commodity price environment and an average WTI price of $33.45 ($US/bbl). Reduced operating costs to $11.45/boe, a 15% decrease from the fourth q
Monday, May 30, 2016
24hGold - Publicnow
Hemisphere Energy Announces Year-End 2015 Financial and Operating Results
Vancouver, British Columbia, April 26, 2016 - Hemisphere Energy Corporation (TSX-V: HME) ('Hemisphere' or the 'Company') is pleased to announce its financial and operating results for the year ended December 31, 2015. Through 2015 Hemisphere focused on reducing administration and operating costs while at the same time developing its assets to maximize reserve additions with minimal capital. The Company successfully concentrated on its core properties in southeastern Alberta where three enhance
Thursday, April 28, 2016
24hGold - Noodls
Hemisphere Energy Provides Operational and Corporate Update
Vancouver, British Columbia, November 3, 2015 - Hemisphere Energy Corporation ('Hemisphere' or the 'Company') (TSX-V: HME) is pleased to provide an update on its recent field operations and corporate activities. Atlee Buffalo, Alberta Hemisphere has received the necessary approvals and commenced injection in all three of its planned waterflood pilots in Atlee Buffalo. The Company expects to see significant production and reserve additions over the next number of years through enhanced recove
Tuesday, November 3, 2015
24hGold - Noodls
Hemisphere Energy Announces Change in Auditor
Vancouver, British Columbia, September 17, 2015 - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) announces that, at the request of the Company, Smythe Ratcliffe LLP (the "Former Auditor") has resigned as Hemisphere's auditor effective September 15, 2015. On the recommendation of the Company's Audit Committee, the Board of Directors has appointed KPMG LLP of Calgary, Alberta (the "Successor Auditor") as the Company's auditor effective September 15, 2015. There were n
Friday, September 18, 2015
24hGold - CNW Group
Hemisphere Energy Announces Change in Auditor
TSX-V: HME VANCOUVER , Sept. 17, 2015 /CNW/ - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (HME.V) announces that, at the request of the Company, Smythe Ratcliffe LLP (the "Former Auditor") has resigned as Hemisphere's auditor effective September 15 , 2015.  On the recommendation of the Company's Audit Committee, the Board of Directors has appointed KPMG LLP of Calgary, Alberta (the "Successor Auditor") as the Company's auditor effective September 15, 2015 . There wer
Thursday, September 17, 2015
24hGold - Noodls
Hemisphere Energy Renews $15.0 million Credit Facility
Vancouver, British Columbia, July 28, 2015 - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce the renewal of its credit facility. Following the annual review with its lender, Hemisphere's credit facility will remain at $15.0 million with no changes to covenants or applicable margins on borrowing costs. Funds available under the credit facility are $14.0 million, with access to the remaining $1.0 million based on additional approval of the lender
Tuesday, July 28, 2015
24hGold - Noodls
Hemisphere Energy Announces Year-End 2014 Financial and Operating Results
Vancouver, British Columbia, April 22, 2015 - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2014. Hemisphere focused on developing its Atlee Buffalo and Jenner oil assets in 2014 resulting in substantial year-over-year growth both financially and operationally. A bought deal financing for $10.0 million was closed in May 2014 which allowed the Company to accelerate its first p
Wednesday, April 22, 2015
24hGold - Noodls
Hemisphere Energy Announces Plan to Restate Audited Financial Information Resulting in a Reduced Loss for Year Ended December 31, 2013
Vancouver, British Columbia, April 21, 2015 - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") announces that it has decided to restate certain financial information for the year ended December 31, 2013 (the "2013 Restatement"). The material changes to be included in the 2013 Restatement will affect the Company's impairment, depletion, and decommissioning costs and will have a positive impact, significantly reducing the Company's loss in December 2013 by $3.3 million
Tuesday, April 21, 2015
24hGold - Noodls
Hemisphere Energy Announces a 61 Increase in 2014 Reserves
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Wednesday, March 11, 2015
24hGold - MarketWired
Hemisphere Energy Announces a 61 Increase in 2014 Reserves
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2015) - Hemisphere Energy Corporation ("Hemisphere") (TSX VENTURE:HME) is pleased to announce highlights from its independent reserves evaluation as at December 31, 2014 in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101").  In 2014 Hemisphere completed its busiest development year to-date, drilling and placing on production 10 horizontal oil wells in Atlee Buffalo and 2 horizo
Wednesday, March 11, 2015
The Energy Report
Alphastox's Moshevich Defines the One Thing Strong Energy Juniors Share
The implosion of oil and gas prices will flush out oil and gas exploration juniors with weak balance sheets and too much debt, says Etienne Moshevich, editor of Alphastox.com. The small-cap companies left standing, however, are poised to soar once the market begins to accelerate. In this interview with The Energy Report, Moshevich touts the benefits of motivated management teams and solid balance sheets for all companies in the energy sector, and singles out seven oil and gas juniors, plus a pai
Thursday, February 19, 2015
24hGold - Noodls
Hemisphere Energy Grants Incentive Stock Options
Vancouver, British Columbia, January 29, 2015 - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) announces that it has granted incentive stock options to officers, directors, employees and consultants of the Company entitling them to purchase up to a total of 1,125,000 common shares at an exercise price of $0.24 each, pursuant to the Company's Stock Option Plan for a term of five years and subject to the receipt of the necessary regulatory approvals.   About Hemispher
Thursday, January 29, 2015
24hGold - MarketWired
Hemisphere Energy Grants Incentive Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 29, 2015) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) announces that it has granted incentive stock options to officers, directors, employees and consultants of the Company entitling them to purchase up to a total of 1,125,000 common shares at an exercise price of $0.24 each, pursuant to the Company's Stock Option Plan for a term of five years and subject to the receipt of the necessary regulatory approvals. 
Thursday, January 29, 2015
24hGold - MarketWired
Hemisphere Energy Exceeds 1,000 boe/d and Provides Operational Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 28, 2015) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) is pleased to provide an update on corporate production, highlights from the fourth quarter, and operational plans for 2015.  Production Update Hemisphere achieved record production rates since bringing the wells from its fall drilling program on-stream. Based on field estimates, production during the last two weeks has averaged 1,025 boe/d
Wednesday, January 28, 2015
24hGold - MarketWired
Hemisphere Energy Receives 40 Increase to Credit Facility
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2014) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) is pleased to announce that its credit facility has been increased to $15.0 million from $10.5 million, effective November 28, 2014. This substantial increase comes as a result of significant drilling success and production growth from the Company's 2014 capital program. Hemisphere's next annual review with Alberta Treasury Branches is scheduled in May 2015.
Tuesday, December 9, 2014
24hGold - MarketWired
Hemisphere Energy Announces Q3 2014 Financial and Operating Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2014) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2014.  Q3 2014 Highlights Achieved highest quarterly average production rate to-date of 725 boe/d (86% oil and NGL), a 31% increase over the second quarter of 2014 and a 57% increase over the third quarter in 2013. With the
Tuesday, November 18, 2014
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