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Hemisphere has 68.75% working interest in one section of land in Wainwright Alberta. The property has a single producing colony gas well. This area has potential oil upside in bypassed zones.
The Wainwright property acquisition is aligned with Hemisphere's strategy of focusing on building and developing core areas with multiple zones of potential that provide low-to-medium-risk drilling opportunities to increase Hemisphere Energy's production, reserves and cash flow.
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