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Hemisphere Energy Corporation: Hemisphere Energy Announces 2021 Second Quarter Financial and Operating Results

Hemisphere Energy Corporation: Hemisphere Energy Announces 2021 Second Quarter Financial and Operating Results
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Hemisphere Energy Corporation: Hemisphere Energy Establishes New $35 Million Credit Facility and Announces Early Payout of Its Term Loan

Hemisphere Energy Corporation: Hemisphere Energy Establishes New $35 Million Credit Facility and Announces Early Payout of Its Term Loan
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Benchmark Energy Closes the Acquisition of the Oil and Gas Assets of SK Nemaha and SK Plymouth and the Establishment of a Note Purchase Agreement With Cibolo Energy Partners

Benchmark Energy Closes the Acquisition of the Oil and Gas Assets of SK Nemaha and SK Plymouth and the Establishment of a Note Purchase Agreement With Cibolo Energy Partners
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AUSTIN, Texas, March 9, 2021 /PRNewswire/
Benchmark Energy, LLC ( Benchmark or the Company ) announced today that the Company has completed the acquisition of all the oil and gas assets, including approximately 77,000 net acres located in the STACK play within Grant, Garfield and Kingfisher counties of Oklahoma (the Properties ), from SK Nemaha, LLC and SK Plymouth, LLC (collectively SK ).
The acquired SK assets produced approximately 3,600 net barrels of oil equivalent per day in January 2021, which consisted of approximately 60% oil and NGLs. The acreage is 98% held-by-production. Approximately 87% of the wells will be operated by Benchmark in mature fields with strong cash flow as well as significant development potential from PDNP and PUD oppor ....

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