Hemisphere Energy Corporation provides initial production results from the final three wells of its summer drilling program, record corporate production rates, and the commencement of a fall drilling program in Atlee Buffalo, Alberta.

Production Update

As a result of the successful summer drilling program, Hemisphere has achieved record corporate production averaging 900 boepd (92% oil), based on field estimates, during the first two weeks of September 2014. The last three wells from the summer drilling program, drilled off of the same pad in Atlee Buffalo, have been on-stream for approximately 30 days. During the first two weeks of September, each well averaged over 100 bopd for a combined rate of 340 bopd.

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