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Northern Hemisphere Development Corp.
TSX VENTURE:	NHD

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November 3, 2008
Northern Hemisphere Announces Trutch Winter Drilling Program
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 3, 2008) - Northern Hemisphere Development Corp. (TSX VENTURE:NHD) is pleased to announce its 2008/2009 winter drilling program on the Trutch property in northeast British Columbia. Northern Hemisphere's operating partner will begin drilling in the fourth quarter of 2008 on two development natural gas wells targeting the Halfway Formation within the Tommy Lakes Field. Further details on the operations will be announced as information is released. Northern Hemisphere currently has four Halfway natural gas wells on production in the Trutch area, which is located approximately 200 kilometres northwest of Fort St. John in a prolific natural gas producing region. The stable production, cash flow and long-life reserves of the Halfway natural gas wells gives Northern Hemisphere a strong foundation for many years of low risk, repeatable development drilling locations. The continued development of the Halfway provides steady growth and the flexibility to explore the multi-zone potential of the Trutch property as well as new project areas. The experienced team of oil and gas professionals at Northern Hemisphere is committed to our corporate strategy. By drilling repeatable low risk locations, fiscal responsibility and targeting strategic value adding acquisitions we will continue to focus on increasing our per share value. For further information on Northern Hemisphere and its Trutch Project visit our website at www.northernhemisphere.ca. NORTHERN HEMISPHERE DEVELOPMENT CORP. Don Simmons, President & CEO Forward Looking Statements This news release contains "forward-looking statements" that are based on Northern Hemisphere's current expectations, estimates, forecasts and projections. These forward-looking statements include statements regarding Northern Hemisphere's outlook for our future operations, plans and timing for the commencement or advancement of exploration and development activities on our properties, and other expectations, intention and plans that are not historical fact. The words "estimates", "projects", "expects", "intends", "believes", "plans", or their negatives or other comparable words and phrases are intended to identify forward-looking statements. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Many of these factors are beyond the control of Northern Hemisphere. Consequently, all forward-looking statements made in this news release are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by Northern Hemisphere will be realized. For the reasons set forth above, investors should not place undue reliance on such forward-looking statements. Northern Hemisphere disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise. The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

CONTACT INFORMATION:

Northern Hemisphere Development Corp.
Don Simmons
President & CEO
(604) 685-9255 or 1-800-449-4435
Fax: (604) 685-9676
Website: www.northernhemisphere.ca

INDUSTRY: Energy and Utilities - Oil and Gas

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Hemisphere Energy Corp


	CODE : HME.V
	ISIN : CA4236301020

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Hemisphere Energy is a silver and gold exploration company based in Canada.

Hemisphere Energy produces silver, gold, in Canada, and holds various exploration projects in Canada.

Its main asset in production is JENNER in Canada and its main exploration properties are ELK 1 (DESTAFFANY MINE), FALCON LAKE TANTALUM and NORTHSTAR-KAZA in Canada.

Hemisphere Energy is listed in Canada and in United States of America. Its market capitalisation is CA$ 143.2 millions as of today (US$ 104.1 millions, € 97.8 millions).

Its stock quote reached its highest recent level on March 25, 2005 at CA$ 9.30, and its lowest recent point on December 24, 2008 at CA$ 0.04.

Hemisphere Energy has 85 750 000 shares outstanding.

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Hemisphere Energy Corp

Announces Trutch Winter Drilling Program

Hemisphere Energy Corp