The first well, which is situated in the Atlee Buffalo property, has targeted the oil-bearing sandstones of the Glauconitic formation.
Hemisphere has also targeted the Glauconitic formation in the two wells, which were drilled in Jenner property.
The company said that all three wells encountered good reservoir along the horizontal section to total depth.
The wells, which are currently being completed and tied in, are expected to begin production in February 2014.
Hemisphere intends to develop core areas, which provide low to medium risk drilling opportunities to increase production, reserves and cash flow.
