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Hemisphere Energy acquires additional land in Atlee Buffalo


Published Jun 30, 2014
Hemisphere Energy Corporation

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.

Tags: Hemisphere Energy Corporation




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