Mr. Don Simmons reports

HEMISPHERE ENERGY ANNOUNCES MANAGEMENT APPOINTMENT AND GRANTS INCENTIVE STOCK OPTIONS

Hemisphere Energy Corp. has appointed Ashley Ramsden-Wood as chief development officer.

Ms. Ramsden-Wood has served as vice-president of engineering at Hemisphere since 2014 and has been instrumental in the successful growth and development of the company. Along with her technical engineering strengths, Ms. Ramsden-Wood provides invaluable contributions to corporate affairs, capital planning, business development, strategic growth initiatives and financial performance analysis.

Additionally, in accordance with the company's stock option plan, the company has granted incentive stock options to purchase up to 1.37 million common shares to directors, officers and investor relations personnel at an exercise price of $1.27 per share until Dec. 15, 2028.

About Hemisphere Energy Corp.

Hemisphere is a dividend-paying Canadian oil company focused on maximizing value per share growth with the sustainable development of its high-netback, low-decline conventional heavy oil assets through polymer flood enhanced recovery methods. Hemisphere trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol HME and on the OTCQX Venture Marketplace under the symbol HMENF.