Hemisphere Energy Corporation reported production results for the fourth quarter and year ended December 31, 2023. For the quarter, the company achieved average production of Heavy oil of 3,364 bbl/d, Natural gas of 132 Mcf/d and Combined 3,386 boe/d as compared to Heavy oil of 2,884 bbl/d, Natural gas of 138 Mcf/d and Combined 2,907 boe/d a year ago.

For the year, the company's annual average production was Heavy oil of 3,100 bbl/d, Natural gas of 147 Mcf/d and Combined 3,125 boe/d as compared to Heavy oil of 2,801 bbl/d, Natural gas of 158 Mcf/d and Combined 2,828 boe/d a year ago.