Oil Mining News in Saskatchewan

Prospera Energy Inc.
Prospera Energy Inc.
PEI.V
Saskatchewan

Prospera Energy Restarts Five Additional Luseland Wells at $6,400 per Flowing Barrel; First Ten Reactivations Return 1.92x Capital

Prospera Energy has completed workovers on five heavy oil wells at Luseland, Saskatchewan, achieving a 3.6-fold increase in combined oil production. The company also reported that its initial ten reactivation wells have returned 1.92x capital, with nine of ten having already achieved payout.

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Hemisphere Energy Corporation
Hemisphere Energy Corporation
HME.V
Saskatchewan and Alberta

Hemisphere Energy Provides Operations Update

Hemisphere Energy reported successful initial production of 100 bbl/d from two new horizontal wells at the Marsden project in Saskatchewan. At the Atlee Buffalo project in Alberta, the company is working to restore production following a fire, with current production averaging 1,000 boe/d and a full return to normal operations expected in Q1 2027.

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