Hemisphere Energy says Atlee Buffalo battery fire shuts in up to 75% of output

• Hemisphere Energy reported ongoing disruption from a fire at its largest Atlee Buffalo oil battery.
• All three treaters were destroyed; the electrical system suffered extensive damage, delaying any temporary restart.
• The affected facility accounts for up to 2,650 boe/d, roughly 75% of output, leaving production materially curtailed.
• Insurance claim initiated; property damage and business interruption coverage applies, with a 30-day waiting period for interruption coverage.
• Summer drilling plan cut to six wells from 11; guidance remains suspended, though the $0.025 dividend is still scheduled for Sept. 11.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hemisphere Energy Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202609031816NEWSFILECNPR____20260903_312921_1) on September 03, 2026, and is solely responsible for the information contained therein.