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Hemisphere Energy Corporation currently has interests in four properties; the Jenner and Wainwright properties in southeast Alberta, the Trutch property in northeast British Columbia and the Sylvan Lake property in central Alberta. All properties target long-term stable production and provide low risk drilling opportunities. Hemisphere Energy currently has production from 15 wells and an inventory of numerous low risk development drilling locations within its properties.
Hemisphere Energy's Jenner Property is located 40 km east of Brooks, Alberta. This part of southeast Alberta has numerous large oil accumulations and provides Hemisphere with an area with low drilling and completion costs and high netback development projects.
Hemisphere Energy's Wainwright Property is located 200 km southeast of Edmonton. This is another area in southeast Alberta that has strong oil reserves with lots of opportunity for growth with low cost drilling and completion operations. Hemisphere currently has production from 1 Colony gas well.
Hemisphere Energy's Trutch Property is located approximately 200 km northwest of Fort St. John and 110 km south of Fort Nelson. This region is a prolific natural gas producing area with existing accessible road and pipeline infrastructure. There are currently 4 Halfway natural gas wells producing on the Trutch property.
Hemisphere Energy's Sylvan Lake Property is located approximately 160 kilometers southwest of Edmonton and 170 kilometers north of Calgary and can be accessed year-round. Hemisphere currently has interest ranging from 15-100% in 10 producing wells on this property. Hemisphere Energy is actively pursuing further drilling opportunities in the region.
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