Hemisphere Energy announced successful drilling of two horizontal wells in Marsden, Saskatchewan, each producing about 100 barrels per day of heavy oil, prompting plans for further development in 2027. At Atlee Buffalo, Alberta, the company is focused on restoring production after a fire shut down its G pool battery, with electrical repairs expected by mid-October and partial production possibly resuming before November ends. Full production recovery is targeted for early 2027, supported by insurance coverage up to $40 million. These developments indicate Hemisphere's commitment to restoring and expanding its heavy oil output despite recent setbacks.
Hemisphere Energy's recent operational update is provided here alongside Pluang's Energy sector market snapshot. Of 30 priced Energy-sector US stocks tradable on Pluang, 27 rose and 3 fell today. Notable movers include IREN at USD 43.48 with a 1-day change of +2.02%, KMI at USD 31.31 with +1.89%, and CEG at USD 263.22 with +1.42%. This data is as of Sep 18, 2026 03:42 WIB.
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