Hemisphere Energy Corporation announced the appointment of Mr. Andrew Arthur as Vice President of Exploration.
Mr. Arthur is a professional geologist bringing over 24 years of both domestic and international oil and gas industry experience to Hemisphere. He has been a key technical member in many exploration and development projects having drilled several hundred wells across the Western Canada Sedimentary Basin. Exposure to all facets of the oil and gas industry has led him to progressively senior exploration roles.
Mr. Arthur graduated with his Bachelor of Science in Geology (Honours) from the University of British Columbia in 1985. With sponsorship from the Geological Survey of Canada, he continued at the University of British Columbia, completing his Master of Science in Geology in 1987. Mr. Arthur is a member of the Association of Professional Engineers and Geoscientists of Alberta.
In conjunction with this appointment, the Company has granted Mr. Arthur an option to purchase a total of 350,000 shares of the Company at an exercise price of $0.61 each. These stock options are granted pursuant to the Company's Stock Option Plan and are for a term of five years from the date of grant.
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