Hemisphere Energy Closes Jenner Oil Property Acquisition
Investing News Network - March 29th, 2011
Hemisphere Energy Corporation (CVE:HME) reports that it has closed the acquisition of the oil producing Jenner property in southeastern Alberta for $1.1 Million.
Hemisphere Energy Corporation (TSXV:HME) reports that it has closed the acquisition of the oil producing Jenner property in southeastern Alberta for $1.1 Million.
The press release is quoted as saying:
Through the Jenner acquisition Hemisphere acquires production of approximately 25 barrels of oil per day, associated facilities and infrastructure and 100% working interest in 2,600 acres of land. A 3D seismic survey that covers a portion of the acquired lands was included in the acquisition.