Northern Hemisphere Development Corp.
TSX VENTURE : NHD

Northern Hemisphere Development Corp.

January 24, 2008 16:21 ET

Northern Hemisphere Development Corp. Operational Update

Boogie Trutch Natural Gas Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Northern Hemisphere Development Corp. (TSX VENTURE:NHD) is pleased to provide details on recent operational success in the Bougie Trutch area west and adjacent to the Tommy Lakes field.

Project operator Focus Energy Trust (TSX:FET.UN) has now finished drilling and completing the new a-38-A/94-G-15 Halfway development well. The Halfway well is currently being equipped and tied in to existing infrastructure. NHD has a 10.5% interest in this well.

The new a-38-A/94-G-15 well will increase NHD's production in the area and will result in NHD having four Halfway producers in the Bougie Trutch project. The Triassic Halfway formation is a really extensive gas charged sand that can support numerous gas wells. Further information will be released when available.

For information on NHD and the Bougie Trutch/Trutch East Gas Projects, please visit our website at www.northernhemisphere.ca.

NORTHERN HEMISPHERE DEVELOPMENT CORP.

Charlie O'Sullivan, Chairman of the Board

This release may contain forward-looking statements including expectations of future drilling, capital expenditures and production which involve risks and uncertainties.

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

Contact Information

  • Northern Hemisphere Development Corp
    Charlie O'Sullivan
    Chairman of the Board
    (604) 685-9255 or Toll Free: 1-800-440-4435
    (604) 685-9676 (FAX)
    Website: www.northernhemisphere.ca