The company will drill two development horizontal wells to follow-up on recent drilling success from the summer drill program and one planned vertical well to test for a new pool.

All wells, which will be 100% owned and operated by Hemisphere, are targeting oil-bearing sandstones of the Glauconitic formation.

The company currently has oil production from its Jenner property in 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, Canada.