Northern Hemisphere Development Corp.
TSX VENTURE : NHD

Northern Hemisphere Development Corp.

August 05, 2008 12:40 ET

New Directors Join Northern Hemisphere

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 5, 2008) - Northern Hemisphere Development Corp. (TSX VENTURE:NHD) is pleased to announce the appointment of Bruce G. McIntyre and Greg M. Sadler to the Company's Board of Directors.

Mr. McIntyre is a professional geologist with over 29 years of oil and gas experience and has a proven track record of finding quality oil and gas reserves. He holds a Bachelor of Science (Honours) degree in Geology from Carleton University. Mr. McIntyre was most recently the President and CEO of Sebring Energy Inc., a private Alberta based exploration and production company, which was sold to Cordero Energy in July 2007. He has held numerous management positions in both private and publicly traded oil and gas companies. Mr. McIntyre was President and co-founder of Sommer Energy Ltd., President of TriQuest Energy Corp., President and CEO of BXL Energy Ltd., Exploration Manager for Gascan Resources, and held geologist positions with Star Oil and Gas Ltd., Tricentrol Oils Limited and Union Oil Company of Canada Ltd. He is a Past President of the Canadian Society of Petroleum Geologists, a member of the American Association of Petroleum Geologists and has a Professional Geologists designation with the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

Mr. Sadler graduated from the University of Manitoba with a Bachelor of Science degree in Geological Engineering. He is a professional engineer with over 31 years of extensive technical oil and gas experience both domestically and internationally. Mr. Sadler's diverse background includes reservoir engineering, exploration and development geology and petrophysics in both clastic and carbonate environments. He is currently employed by EnCana Corporation as a reservoir engineer, where he has gained substantial experience in numerous disciplines including tight gas development and horizontal drilling in northeastern British Columbia. Mr. Sadler's previous experience includes working as a geologist and reservoir engineer for Wascana Oil and Gas Corporation, Shell Canada Ltd., South Australian Oil and Gas Corporation, Tenneco Oil of Canada and Dome Petroleum Limited. Mr. Sadler has a Professional Engineer designation with the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

Northern Hemisphere is producing from four Halfway gas wells in the Trutch area of the prolific Tommy Lakes Halfway gas field northwest of Fort St. John in British Columbia. Northern Hemisphere has a working interest in approximately 15,000 gross acres, positive cash flow and no debt.

We welcome Mr. McIntyre and Mr. Sadler to our experienced team of people dedicated to creating per share value by delivering growth in production, reserves, and cash flow.

NORTHERN HEMISPHERE DEVELOPMENT CORP.

Don Simmons, President & CEO

This press release may contain forward-looking statements as of this date and include expectations of future events such as drilling, capital expenditures and production which involve certain risks and uncertainties. This release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Northern Hemisphere Development Corp.
    Don Simmons
    President & CEO
    (604) 685-9255 or Toll Free: 1-800-440-4435
    (604) 685-9676 (FAX)
    Website: www.northernhemisphere.ca