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Hemisphere Energy Closes Jenner Oil Property Acquisition
Mar. 29, 2011 08:49AM PST
Resource Investing News 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.
Click here to access the entire news release.