Hemisphere Energy – An overview of this high-margin, small scale oil producer
Don Simmons, President and CEO of Hemisphere Energy (TSX.V:HME – OTCQX:HMENF) joins me to introduce this high-margin, small scale oil producer in Southern Alberta with 2 oil pools (G and F pools) in one area called the Atlee Buffalo. We focus on the growth plans for this year mostly focused on converting the G poll to a polymer flood as well as drilling a few more wells. We also discuss the estimated cash flow for this year, and next, and estimated debt repayments. The Company is focused on maintaining high margins and utilizing the cash flow for continued growth.