Northern Hemisphere Development Corp.
TSX VENTURE : NHD

Northern Hemisphere Development Corp.

December 11, 2007 12:54 ET

Northern Hemisphere Development Corp.: First Gas Well of the Season

Boogie Trutch/Trutch East Natural Gas Properties

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 11, 2007) - Northern Hemisphere Development Corp. (TSX VENTURE:NHD) is pleased to announce the spudding of the a-38-A/94-G-15 development well in the Tommy Lakes Field located in the Trutch area of northeastern British Columbia. This well is targeting the Triassic Halfway formation. The Halfway formation is an areally extensive sand that offers low geological risk drilling opportunities and predictable production rates.

Focus Energy Trust (TSX:FET.UN) is the project operator. Once the new well is successfully drilled it will be completed and tied in with production commencing in early 2008.

NHD currently holds a working interest in three natural gas wells on the properties which have been in production since March, 2007. The Bougie Trutch/Trutch East properties have the potential to support numerous gas wells exploiting the gas bearing Halfway Formation which Focus has been developing on the nearby Tommy Lakes field.

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

NORTHERN HEMISPHERE DEVELOPMENT CORP.

Alan Crawford, President & CEO

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.
    Alan Crawford
    President & CEO
    (604) 685-9255 or Toll Free: 1-800-440-4435
    (604) 685-9676 (FAX)
    Website: www.northernhemisphere.ca