Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/hemisphere-energy-acquires-additional-land-in-atle.shtmlHemisphere Energy acquires additional land in Atlee Buffalo
Hemisphere Energy Corporation has entered in to an agreement to acquire certain petroleum and natural gas leases in the Atlee
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Hemisphere Energy Corporation has entered in to an agreement to acquire certain petroleum and natural gas leases in the Atlee Buffalo area of southeast Alberta. The property includes an 85% working interest in 1.75 sections (1120 acres) of land adjacent to Hemisphere's existing landbase.
Total consideration for the acquisition is $510,000. The transaction is expected to close by mid July 2014 and is subject to regulatory acceptance.
