Hemisphere Energy Corporation (TSX-V: HME) is an emerging Canadian oil and gas company engaged in the exploration and development of oil and natural gas reserves. Hemisphere Energy has an experienced team dedicated to delivering growth in production, reserves and cash flow per share with a balanced strategy of drilling and acquiring oil and natural gas assets in Western Canada.

Hemisphere is currently focused on growing its oil production in southeast Alberta where it is targeting conventional, high netback, medium to heavy oil development projects.

The Company's corporate strategy includes the following:

• Growth through drilling
• Turn large resources into reserves
• Using the latest techniques to enhance hydrocarbon recovery
• Pursue strategic acquisitions and farm-in opportunities

May 2012 Corporate Presentation