Hemisphere Energy Corporation has commenced its summer drilling program of five development wells in the Atlee Buffalo area of southeast Alberta.
All five horizontal wells are offsetting the Company's first well in Atlee Buffalo, which was drilled in January 2014 and has averaged approximately 90 boe/d (93% oil) over the first four months of production. The wells are targeting the oil-bearing sandstones of the Glauconitic formation. Results of the summer drilling program will be announced as they become available.
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Hemisphere Energy Corporation
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