Hemisphere Energy Announces 156 BOPD Production Test From New Horizontal Well on Jenner Property

Hemisphere Energy Corporation (TSXV:HME.V) announces it has completed and equipped a new horizontal oil well in the Glauconitic formation on its Jenner property in southeast Alberta. The new 100% owned and operated horizontal well production tested over a 72 hour period at an average rate of 156 barrels-of-oil per day (BOPD). The well is being pipelined into existing facility infrastructure.  Hemisphere has also finished drilling and casing a vertical well in the Jenner area and is preparing for completion operations. The company continues to plan additional drilling locations on its existing land base of over 6900 net acres in Jenner.  Hemisphere has oil production from its Jenner property in southeast Alberta, natural gas production from its Sylvan Lake and Wainwright properties in central Alberta and liquids-rich natural gas production from its Trutch property in northeast British Columbia.