Aug 21 (Reuters) - Hemisphere Energy Corp HME.V :
* HEMISPHERE ENERGY ANNOUNCES SECOND QUARTER 2019 FINANCIAL AND OPERATING RESULTS
* Q2 REVENUE ROSE 32 PERCENT TO C$7.4 MILLION
* QTRLY FFO PER SHARE $0.03
* PLANS TO KEEP ITS 2019 CAPITAL EXPENDITURES WITHIN CORPORATE CASH FLOW
* INCREASED AVERAGE QUARTERLY PRODUCTION BY 30% TO 1,367 BOE/D (96% OIL), AS COMPARED TO THE SECOND QUARTER OF 2018.
* HEMISPHERE SEES EXTRA FUNDS TO BE USED TO PURCHASE SHARES UNDER CO'S NORMAL COURSE ISSUER BID, FUND NEXT PHASE OF DEVELOPMENT DRILLING, OR PAY DOWN DEBT