Hemisphere Energy Announces Alberta Farm-in

Company News

Hemisphere Energy Corporation (CVE:HME) reports a farm-in agreement to earn lands in the Jenner area of southeastern Alberta.

Hemisphere Energy Corporation (TSXV:HME) reports a farm-in agreement to earn lands in the Jenner area of southeastern Alberta.

The press release is quoted as saying:

The agreement gives Hemisphere Energy a right to farm-in to 5 net sections of land with petroleum and natural gas rights to the base of the Mannville formation. Hemisphere Energy will pay 100 percent of the drilling costs subject to a convertible royalty and will drill the first well by February 15, 2011.

Click here to access the entire news release.

Click here to access Hemisphere Energy’s company profile.

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