Press Releases
Hillcrest Energy Technologies and Systematec GmbH Sign MOU to Expand Collaboration and Complete Distribution Agreement for European Automotive Market
Hillcrest is pleased to announce the signing of a Memorandum of Understanding (MOU) with Systematec GmbH, a Germany-based engineering firm specializing in power electronics design and system integration. This MOU underscores the companies’ commitment to strengthening their collaborative partnership and identifies multiple avenues for deepened cooperation, including the potential establishment of a distribution agreement.
Hillcrest Energy Technologies Wraps Up 2024 Demonstrations with Industry-Leading Results
Hillcrest has successfully concluded its 2024 customer demonstrations with outstanding results. Through extensive demonstration tests performed at automotive manufacturers’ and suppliers’ facilities, as well as at Systematec GmbH’s facilities in Germany, ZVS traction inverter and PFC prototypes have delivered significant performance gains, solidifying the Company’s position at the forefront of power electronics innovation.
Hillcrest and Ocean Batteries to Broaden Collaboration
Hillcrest and Ocean Batteries are in discussions to expand of their June 2024 joint development agreement. This move comes in response to growing demand from Ocean Batteries’ customers for innovative solutions that extend beyond onshore marine energy storage to include EV chargers and cutting-edge onboard energy storage systems for marine applications.
Hillcrest Engages Global Investors and Customers in Key Markets
Hillcrest is actively engaging investors and customers in Europe and North America this week as part of its continued commercial drive. Hillcrest CEO, Don Currie, will be in Sweden as part of an investor roadshow organized in collaboration with the Scandinavian Alliance. Meanwhile, COO Jamie Hogue will virtually represent Hillcrest at the Winter 2024 Investor Summit Virtual Microcap Forum.
$HEAT to work with Ocean Batteries to deliver 300kVA | 800V ZVS inverter prototypes. Details:
• Integration of ZVS inverter into Ocean Batteries' onshore #energy storage systems
• Potential commercial supply agreement and attractive annual sales revenues
GM Energy is expanding its #energy management initiatives.
$HEAT can play a vital role in advancing these efforts with its Zero Voltage Switching (ZVS) tech, which can increase performance in energy applications.
#HillcrestEnergyTech #PoweringTheFuture
As #EV manufacturers like @Ford strive to make their products more affordable without sacrificing performance, innovative solutions like $HEAT's Zero Voltage Switching (ZVS) tech are coming to the forefront.
Read up on Ford's cost-cutting initiative!
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2024 PRESS RELEASES
Hillcrest’s ZVS Traction Inverter Prototype Targets Cost Efficiency and Compact Design for EV Applications
Hillcrest is pleased to announce that its Zero-Voltage Switching (ZVS) traction inverter prototype is expected to provide cost efficiency, offering significant savings for electric vehicle (EV) manufacturers.
Hillcrest Energy Technologies to Launch FPGA-Based Control System
Hillcrest is thrilled to announce the anticipated launch of its FPGA-based control system for Zero Voltage Switching (ZVS) inverters by the end of this year.
Hillcrest Energy Technologies Advances Towards Commercial Agreements and Expands European Demonstration Efforts
Hillcrest is pleased to provide an update on the Company’s recent accomplishments, highlighting key advancements and strategic developments as it continues to position itself as a leader in the fast-growing electric vehicle (EV) and renewable energy sectors.
Hillcrest Announces Drawdown of Previously Announced Equity Drawdown Facility
Hillcrest is pleased to announce that, further to its news release on July 22, 2024, it has closed the most recent drawdown of the previously announced $5 million equity drawdown facility.
Hillcrest Submits Drawdown Notice
Hillcrest announces that it has submitted a drawdown notice to a third-party investor pursuant to the $5 million equity drawdown facility initially announced on December 19, 2023.
Hillcrest Energy Technologies Unveils Power Factor Correction Prototype to Meet Growing Client Demand
Hillcrest announces the launch of a testing and demonstration program for its latest Zero Voltage Switching (ZVS) technology application. This initiative showcases a prototype designed to highlight the value of Hillcrest’s ZVS technology in power factor correction.
Hillcrest Energy Technologies Books 2024 Demonstration Slots Amid Surging Interest in ZVS Inverter
Hillcrest is pleased to announce that demonstration slots for 2024 are now reserved for existing customer engagements. Hillcrest’s inverters, utilizing the proprietary Zero Voltage Technology (“ZVS”) platform, offer superior electromagnetic compatibility (“EMC”) and industry-leading efficiency of up to 99.7%.
Hillcrest Partners with Ocean Batteries to Deploy ZVS Inverter in Grid-Connected Energy Storage Systems
Hillcrest is pleased to announce the completion of a joint development agreement with Ocean Batteries AS (“Ocean Batteries”) for the delivery of 300kVA | 800V Hillcrest ZVS inverter prototypes.
Hillcrest Energy Technologies Announces AGM Results
Hillcrest is pleased to announce the results of voting at its Annual General Meeting (AGM) held Wednesday, June 5, 2024.
Hillcrest Announces Closing of Oversubscribed Non-Brokered Private Placement
Hillcrest announces that, further to its news release on May 27, 2024, the Company has completed a non-brokered private placement of 3,530,000 units of the Company at a price of $0.25 per Unit for gross proceeds of $882,500.
Hillcrest Engages Gold Standard Media
Hillcrest is pleased to announce the engagement of Gold Standard Media, LLC. GSM has conducted marketing services for a broad range of companies listed on exchanges from the TSX Venture Exchange to the New York Stock Exchange since 2010.
Hillcrest Announces Private Placement
Hillcrest announces a non-brokered private placement of up to an aggregate of 3,000,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of up to $750,000.
Hillcrest Announces New Joint Development Opportunity and Provides Additional Shareholder Updates
Hillcrest is pleased to announce that it is finalizing development terms with a European energy storage services innovator (“ESS Innovator”) for the delivery of 300kVA | 800V Hillcrest ZVS inverters.
Hillcrest Returns to the UK and Provides Additional Shareholder Updates
Hillcrest is actively pursuing business and financing opportunities in the United Kingdom. Hillcrest CEO Don Currie returned to the UK this week, where he engaged with numerous potential partners.
Hillcrest Announces Closing of Third and Final Tranche of its Oversubscribed Non-Brokered Private Placement
Hillcrest announces closing of third and final tranche of its oversubscribed non-brokered private placement.
Hillcrest’s ZVS Technology Gains Traction in New Applications, Fuels Growth
Hillcrest is making significant strides in advancing its ZVS (Zero Voltage Switching) technology, heralding a new era in power conversion solutions. The company’s recent endeavors underscore its commitment to innovation and expansion into diverse applications, propelling it toward commercial success.
Hillcrest Announces Closing of Second Tranche of Non-Brokered Private Placement
Hillcrest Announces Closing of Second Tranche of Non-Brokered Private Placement
Hillcrest Engages with Powertech Labs for Grid Inverter Testing and Provides Additional Shareholder Updates
Hillcrest is pleased to announce that the Company has entered into a collaboration agreement with Powertech Labs Inc.
Under this agreement, Powertech Labs will provide testing and consulting services to assist Hillcrest in the development and validation of its ZVS inverter technology for grid-connected applications.
Hillcrest Achieves Major Milestone: In-Water Traction Inverter Demonstration with Hercules Electric Mobility
Hillcrest proudly announces the successful completion of the first in-vehicle demonstration of the Company’s Zero Voltage Switching (ZVS) traction inverter. The demonstration took place in a Hercules Electric Mobility powered E-boat on Orchard Lake, which is located approximately 27 miles north of Detroit, Michigan. Hillcrest is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without the common drawbacks associated with conventional power inverters, ushering in the opportunity for groundbreaking advancements in grid-connected inverter applications.
Hillcrest’s ZVS Technology to Elevate Efficiency and Performance of Grid-Connected Power Applications
Hillcrest is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without the common drawbacks associated with conventional power inverters, ushering in the opportunity for groundbreaking advancements in grid-connected inverter applications.
Hillcrest Achieves Breakthrough in EMC Chamber Testing with European Automotive OEM
Hillcrest is pleased to confirm the successful completion of EMC chamber testing with a European automotive OEM. Testing was completed at an external certified lab selected by the European OEM with results suggesting Hillcrest’s Zero Voltage Switching (ZVS) traction inverter could provide substantial improvements and system-level cost savings when compared to inverters now on the market.
Dan Mathieson Joins Hillcrest As Strategic Advisor
Hillcrest is pleased to announce the addition of Dan Mathieson as a strategic advisor to the Company. Mr. Mathieson will work with the Company’s executive team to deliver new business expansion opportunities both domestically and internationally.
Hillcrest Announces Closing of First Tranche of Non-Brokered Private Placement and Provides Additional Updates
Hillcrest Announces Closing of First Tranche of Non-Brokered Private Placement and Provides Additional Updates
Hillcrest Unveils New Revenue Opportunity With ZVS-Enabled Power Modules For High-Efficiency Inverters
Hillcrest is pleased to announce a significant milestone for its ZVS-enabled power modules, positioning the Company to take advantage of a potential new revenue stream.
Hillcrest Powers Ahead in 2024
Hillcrest is excited to share an update on key activities and milestones. Hillcrest will be using its next-generation EV inverter for demonstration and advanced testing programs.
Hillcrest Secures $5M Equity Facility
Hillcrest is pleased to announce it has secured a $5 million equity drawdown facility from a third-party investor. “We are quite pleased to have access to this facility…and we appreciate the support and confidence demonstrated by the investor. This is one of several financing initiatives currently being pursued” stated Don Currie, Hillcrest CEO.
Hillcrest Extends Warrant Incentive Program and Provides Additional Shareholder Updates
Hillcrest is pleased to announce the extension of its previously announced Warrant Incentive Program and provides additional updates on recent activities and accomplishments.
2023 PRESS RELEASES
Hillcrest Announces $5M Equity Facility and Other Financing Updates
Hillcrest is pleased to announce the intent to enter into a $5 million equity facility and provides additional financing updates.
Hillcrest Announces Appointment of Daryn Gordon as CFO
Hillcrest is pleased to welcome Daryn Gordon as the Company’s new Chief Financial Officer (CFO).
Hillcrest will be presenting at the Investor Summit Group’s virtual investor conference this Thursday, December 7, 2023.
Hillcrest Begins Testing Grid-Tied Inverter
Hillcrest ZVS grid inverter is suitable for deployment into various grid-tied applications, including solar and wind generation, storage, vehicle-to-everything (V2X) and electric vehicle (EV) charging infrastructure. Completion of the ZVS grid inverter proof-of-concept will pave the way for the rapid development of the Company’s planned grid-connected products.
Hillcrest Provides Shareholder Update
Hillcrest is currently in discussions for joint development with a prominent European Automotive OEM. Additionally, the company’s collaboration with a Global Tier One Supplier has progressed to the third phase of the testing program. Preparations are well underway for an advanced demonstration program in collaboration with Global Motor Supplier and Hercules Electric Mobility.
Hillcrest to Present at Transpacific Investment Summit
Hillcrest is pleased to announce participation in an invitation-only investor conference in Perth, Australia. Hillcrest’s ZVS technology is designed to provide new benefits to grid-connected energy systems by offering a more efficient and reliable means of deploying higher switching frequencies while eliminating the associated switching losses suffered by today’s power conversion devices.
Hillcrest Returns to the United Kingdom and Provides Additional Shareholder Updates
Hillcrest CEO returns to United Kingdom to pursue additional investor and commercialization opportunities, and expands technical team. The company is please to expand the technical team with the addition of a new senior firmware engineer.
Hillcrest Announces Closing of First Tranche of Non-Brokered Private Placement
Hillcrest is pleased to announce the closing of the first tranche of a non-brokered private placement.
Hillcrest Receives Funding to Support Demonstration Testing with Hercules Electric Mobility and Global Motor Supplier
Government of Canada to provide advisory services and research and development funding towards the demonstration of the Hillcrest ZVS traction inverter with a global motor supplier and Hercules Electric Mobility’s recreational e-boat. Additionally, Hillcrest ZVS traction inverter is on display at International Boat Builders’ Exhibition and Conference in Tampa Bay, Florida.
Hillcrest UK Tour for Exclusive Financing Forum and Co-development Sessions
Hillcrest is selected to present at exclusive family office event in London on Thursday September 21st, 2023. The Company secures meetings with UK-based automotive OEM’s, motor manufacturers and suppliers.
Hillcrest Completes Design Concept for Next Generation EV Inverter and Provides Additional Shareholder Updates
Hillcrest is pleased to announce the completion of the design concept for its next generation electric vehicle (EV) inverter. The new and improved EV inverter is optimized with Hillcrest’s own Zero Voltage Switching (ZVS)-enabled power module. The enhanced version provides an additional 100 kW of energy compared to Hillcrest’s previous prototype, leverages 350-kilowatt silicon carbide (SiC) technology and is designed for applications up to 1,000 volts (V).
European OEM Proceeds to Next Phase of Co-development and Hillcrest Grid Inverter Proof of Concept Nears Completion
Hillcrest completed dynamic load bench demonstrations of its 800V | 250kW SiC traction inverter attended by a prominent European Automotive OEM.
Hillcrest Commences Manufacturing of ZVS-enabled Power Modules and Provides Additional Shareholder Updates
Manufacture of first ZVS-enabled power module underway ZVS-enabled power modules to be integrated into Hillcrest SiC traction inverter this year Dynamic load demonstration testing underway with Global Tier One Automotive Supplier’s motor subsystem VANCOUVER,...
Hillcrest Energy Technologies Announces AGM Results
VANCOUVER, BC, June 20, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), an innovative clean technology company revolutionizing power conversion technologies and advanced control system solutions, is pleased...
Hillcrest Completes Design of EV Industry’s First ZVS-enabled Power Module
Hillcrest ZVS-enabled power modules are expected to offer new levels of power density, system efficiency, performance and reliability for EV applications up to 1,000 volts Potential to reduce or even eliminate the need for EMI filters and shielding could save...
Hillcrest Provides Updates to Proposed Warrant Issuance
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, June 7, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), announces an update to the...
Tech Executive, Bal Bhullar, Joins Hillcrest as Strategic Advisor
VANCOUVER, BC, June 6, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a pioneering clean technology company offering transformative power conversion technologies and state-of-the-art control system solutions, is pleased to announce the...
Hillcrest Announces Effective Date of Share Consolidation
VANCOUVER, BC, June 5, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), announces that the company will complete a consolidation of the authorized and issued common shares of the Company (the “Common...
Hillcrest Energy Technologies Provides Additional Details on Investor Relations Activities
VANCOUVER, BC, May 31, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a pioneering clean technology company offering transformative power conversion technologies and state-of-the-art control system solutions, is pleased to provide an...
Hillcrest Energy Technologies Confirms Successful Demo with European Auto OEM and Provides Shareholder Update
Dynamic load demonstration with European Automotive OEM now complete Joint demonstration activities progressing with Global Tier One Automotive Supplier Demonstration plan with Hercules Electric Mobility now includes maximum load testing at motor manufacturer...
Hillcrest Announces Proposed Warrant Issuance
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, May 29, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), announces a non-brokered...
Hillcrest Announces Closing of Third and Final Tranche of Over-Subscribed Non-Brokered Private Placement
Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, BC, May 15, 2023 – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (the “Company” or “Hillcrest”), announces that it has closed the...
Hillcrest Announces Closing of Second Tranche of Non-Brokered Private Placement
Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, BC, April 28, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power...
Hillcrest Successfully Completes First Milestone for Global Tier One Automotive Supplier
Hillcrest successfully completes first bench test for global Tier One automotive supplier. Ultimate goal is the delivery of an optimized Hillcrest SiC inverter followed by the potential commercialization of a 350-kW product in 2024. VANCOUVER, BC, April 18, 2023 –...
Hillcrest Retains Investment Banking Firm Craig-Hallum Capital Group
VANCOUVER, BC, April 13, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for electrical systems, is pleased to announce the...
Hillcrest Announces Closing of First Tranche of Non-Brokered Private Placement
Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, BC, April 11, 2023 – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (the “Company” or “Hillcrest”), announces that it has closed...
Veteran Automotive Executive, Dan Coker, Joins Hillcrest as Strategic Advisor
VANCOUVER, BC, April 11, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for electrical systems, is pleased to announce the...
Hillcrest Announces Private Placement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC, March 31, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), announces a non-brokered...
Hillcrest Commences Dynamic Load Demonstration
Preparations underway for dynamic load bench demonstration of Hillcrest SiC traction inverter at Systematec GmbH’s facility in Germany VANCOUVER, BC, March 29, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company...
Hillcrest Energy Technologies Provides Shareholder Update
Demonstration testing of Hillcrest’s 250 kW, 800 V SiC traction inverter prototype with global tier 1 automotive supplier and Hercules Electric Mobility Inc. is accelerating. Hillcrest is also working closely with five other automotive OEM’s and tier 1 suppliers on...
Hillcrest Energy Technologies Announces Investor Webinar Hosted by Amvest Capital
VANCOUVER, BC, January 17, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, is pleased to announce...
Hillcrest Closes Previously Announced Non-Brokered Private Placement
Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, BC, January 13, 2023 – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (the “Company” or “Hillcrest”), a clean technology company developing...
Hillcrest Announces Robust Tech Development and Commercialization Targets for 2023
Substantial advancements expected in 2023 for grid-tied and multi-level inverters, Enhanced Powertrain Solution Commitments for commercial revenues expected by the end of the year Growth across multiple sectors is accelerating and is expected to provide Hillcrest with...
2022 PRESS RELEASES
Hillcrest Closes Book on Previously Announced Non-Brokered Private Placement (corrected)
Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, BC, December 29, 2022 – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (the “Company” or “Hillcrest”), a clean technology company developing...
Hillcrest Wraps Up 2022, a Year of Technology and Commercialization Milestones
Validated Zero Voltage Switching inverter technology through the publication of two white papers Completed 800V 250kW EV traction inverter commercial prototype Announced projects with two co-development partners Additional co-development agreements expected in early...
Hillcrest Accelerates ZVS Inverter Technology Development for Use in Numerous Grid-Tied Applications
Hillcrest remains focused on deploying its inverter technology into a wide range of grid-tied applications A grid-compatible ZVS inverter is expected to bring numerous benefits to V2X charging, renewable energy generation, energy storage and more The company continues...
Hillcrest Energy Technologies Completes First Commercial Prototype
Company advanced from technical proof of concept to commercial prototype in one year 800V, 250kW traction inverter to be integrated into partner powertrains for real-world demonstrations in commercial applications Hillcrest’s inverter technology materially eliminates...
Hillcrest Energy Technologies to Present at Best of the Uncovered Investor Conference; Provides Update on Recent Activities
VANCOUVER, BC, November 30, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, announces it will...
Hillcrest Welcomes Samuel Yik as New CFO
VANCOUVER, British Columbia, November 2, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electric vehicles and...
Hillcrest Retains IMS Investor Relations
VANCOUVER, British Columbia, November 1, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electric vehicles and...
Hillcrest Announces Closing of Temporary Warrant Exercise Program and First Tranche of Non-Brokered Private Placement
Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, British Columbia, October 26, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power...
Hillcrest Energy Technologies Partners with Global Tier 1 Automotive Supplier
Hillcrest and Tier 1 automotive supplier sign memorandum of understanding to carry out joint development project for powertrain system Project to begin immediately and run through 2023 Hillcrest inverter technology to underpin future product VANCOUVER, BC, October 20,...
Hillcrest Energy Technologies Signs Memorandum of Understanding with Hercules Electric Mobility
Hillcrest and Hercules will collaborate to build and test an electric powertrain for a range of e-mobility products. Project to begin immediately and run through March 2023. Modular design approach adapts to customer needs, integrates the latest technologies into...
Hillcrest Appoints James Bolen as Chief Commercialization Officer; Provides Product and Financing Updates
Not for distribution to United States newswire services or for dissemination in the United States Currently an advisor to the company, Bolen now joins the leadership team as CCO. Company’s first commercial prototype, a 250kW, 800V ZVS (Zero Voltage Switching)...
Hillcrest Soft-Switching Technology Leads to Smaller, Lighter Inverters and Improved Power Quality
New white paper demonstrates value of Hillcrest soft-switching technology on improving power density through the reduction of capacitor and overall inverter size Hillcrest EV commercial prototype inverter is designed with one-fifth to one-tenth of the capacitance of...
Hillcrest Energy Technologies Provides Shareholder Update Along Path to Commercialization
VANCOUVER, British Columbia, July 19, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) (the “Company”), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation...
Hillcrest Demonstrates Inverter Efficiencies: Successful Soft-Switching Results Drive Down Critical Switching Losses
Hillcrest high efficiency inverter achieves reduction in switching losses of +90% compared to conventional, hard-switched inverters. Results signify additional milestone on path to commercialization. Unmatched efficiencies deliver opportunity for higher power density,...
Hillcrest Energy Technologies Announces AGM Results and Provides Shareholder Update
Current seven-member Board of Directors re-elected. David Farrell elected new board chair. Hillcrest has ceased oil and gas operations, completing the Company’s planned exit from the fossil-fuel business. VANCOUVER, B.C., June 30, 2022 – Hillcrest Energy Technologies...
Hillcrest Inverter Technology Poised For Central Role In The Reimagined Energy Future
Hillcrest inverter technology holds the potential to unlock efficiency and performance improvements. Hillcrest offers a flexible, single inverter architecture that can be applied at nearly every stage of the electrification ecosystem. Global power inverter market...
Hillcrest Files Patent Application For Simplified Onboard EV Charging Solution
Leveraging the company’s high-efficiency inverter technology, the charging solution has the potential to simplify an EV powertrain system and offer universal, bidirectional charging with improved efficiency and performance Concept expected to eliminate the onboard...
Hillcrest Appoints Michael Moskowitz to Board of Directors
Veteran technology executive has served as a strategic advisor to the Company since May 2021 Currently CEO and a founding partner of NorthStar Gaming Previously served as CEO and Chairman at Panasonic North America Former Board member of Mobilicity, Hussmann...
Hillcrest Publishes Technical White Paper Detailing Inverter Technology and Its Performance
Hillcrest confirms the capabilities of its high-efficiency silicon carbide traction inverter less than 12 months into technology development process Test results confirm ability of Hillcrest’s proprietary inverter technology to improve electric motor efficiency using...
Hillcrest High-Efficiency Inverter Enables Significant Improvement in Electric Motor Efficiency
Internal testing of Hillcrest high-efficiency inverter with 80kW electric motor achieves impressive motor efficiency gains. Test results confirm ability of Hillcrest inverter technology to improve electric motor efficiency when using high switching frequencies. First...
HILLCREST TRACTION INVERTER UNDERPINS BROADER TECHNOLOGY PLATFORM WITH MULTIPLE END-USES AND APPLICATIONS
High-efficiency inverter technology has the potential to revolutionize how electric motors respond and how efficiency is gained Adaptable architecture reduces development time for wide range of applications First technical whitepaper expected in upcoming weeks...
Hillcrest Retains Top Strategic Communications Firm to Support and Expand Global Presence; Hosts Webinar to Provide Updates on High Efficiency Inverter Commercialization
VANCOUVER, BC, March 7, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electric vehicle (EV)...
Hillcrest Completes Design Specs for Industry’s First High Efficiency Inverter
VANCOUVER, BC, February 28, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electric vehicle (EV)...
HILLCREST ADDS POWER INDUSTRY EXECUTIVE JAMES BOLEN TO EXPAND COMMERCIALIZATION OPPORTUNITIES; PROVIDES UPDATE ON DISCUSSIONS WITH FORESEESON EVSE
VANCOUVER, BC, January 26, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation...
HILLCREST ANNOUNCES TERMINATION OF LICENSE AGREEMENT WITH OROPASS
VANCOUVER, B.C., January 14, 2022 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI.F) (the “Company” or “Hillcrest”), announces the termination of its license agreement with Oropass Ltd. (“Oropass”) dated August 10, 2020 (the “License Agreement”)...
2021 PRESS RELEASES
HILLCREST CLOSES OVER SUBSCRIBED PRIVATE PLACEMENT
Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, BC, December 17, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and...
HILLCREST ADDS RENOWNED AUTOMOTIVE EXECUTIVE TO SPEARHEAD EUROPEAN TECH COMMERCIALIZATION AND EV MARKET PENETRATION
Dr. Heinz-Georg Burghoff Signs on as Commercialization Consultant to Drive High Efficiency Inverter Adoption VANCOUVER, BC, December 14, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean tech...
HILLCREST ANNOUNCES CLOSING OF FIRST TRANCHE OF FINANCING
Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, BC, December 9, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and...
KEY INVESTOR LEADS FINANCING AND INCREASES POSITION
Not for distribution to United States news wire services or for dissemination in the United States. VANCOUVER, BC, November 30, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and...
HILLCREST ACHIEVES TECHNICAL PROOF OF CONCEPT FOR HIGH EFFICIENCY INVERTER
Company Confirms Promising Advancements Designed to Boost EV Performance VANCOUVER, BC, November 25, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and e-mobility development...
HILLCREST ACHIEVES BREAKTHROUGH RESULTS IN HIGH EFFICIENCY INVERTER PROOF OF CONCEPT TESTING
Switching and Thermal Management Advancements Poised to Shake-Up Current EV Industry Standards VANCOUVER, BC, November 2, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and...
Hillcrest Shareholder Update
VANCOUVER, BC, October 21, 2021 - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) ("Hillcrest'' or the "Company"), a clean tech innovation and e-mobility development company, is pleased to provide the following update on major Company...
Hillcrest Energy Technologies Announces AGM Results
VANCOUVER, B.C., September 16, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and e-mobility development company, is pleased to announce the results of voting at its Annual General...
Hillcrest Energy Technologies Expands Executive Team
Jamie Hogue, COO and Raj Clair, CFO Tapped to Help Drive Organizational Performance as Commercialization /Proof of Concept Testing Efforts Heat Up VANCOUVER, B.C., August 31, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest''...
Hillcrest Accelerates HEI Development; Proof of Concept Testing Announced for Q4 2021 as Dr. Jalal Amini Joins R&D Team as Power Electronics Engineer
VANCOUVER, BC, August 5, 2021 /CNW/ - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) ("Hillcrest'' or the "Company"), a clean tech innovation and e-mobility development company, is pleased to announce it has commenced manufacturing of the...
Hillcrest Energy Technologies Introduces First Tech Development Initiative to Radically Boost Performance of Future Electric Systems
VANCOUVER, B.C., July 08, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and e-mobility development company, is pleased to announce it is developing a next-generation High...
Hillcrest Energy Technologies Announces Gross Proceeds of $2.95 Million Raised Through Voluntary Early Warrant Exercise Program
VANCOUVER, B.C., July 6, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and e-mobility development company, is pleased to announce the results of its previously announced early...
Hillcrest Energy Technologies Provides Update on Early Warrant Exercise Incentive Program
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, B.C., June 28, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and e-mobility...
Hillcrest Energy Technologies Secures Product Development Lab and Testing Facility; Announces Early Warrant Exercise Incentive Program
VANCOUVER, B.C., June 21, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and e-mobility development company, is pleased to announce the Company has secured a product development...
Michael Moskowitz, Chairman and CEO of Panasonic North America, Joins Hillcrest Energy Technologies as Strategic Advisor
VANCOUVER, B.C., May 17, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and development company on the rise, today announced the addition of Michael Moskowitz, Chairman and CEO of...
Hillcrest Energy Technologies to Present at Live Webinar
VANCOUVER, B.C., May 14, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and development company on the rise, is pleased to announce that the Company will present at a live webinar...
Hillcrest Energy Technologies Taps M&A Veteran David Farrell as New Strategic Advisor
VANCOUVER, B.C., May 6, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”), a clean tech innovation and development company on the rise, today announced that David Farrell has joined the Company as a strategic...
Hillcrest Energy Technologies Signs MOI to Enter Electric Vehicle Charging Market
VANCOUVER, B.C., April 19, 2021 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”) today announced its intention to enter the electric vehicle charging market. Hillcrest has signed a Memorandum of Intent (MOI) with...
Hillcrest Signs Five-Year Tech Collaboration Agreement with German Engineering Leader Systematec
VANCOUVER, B.C., April 14, 2021 – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) (“Hillcrest'' or the “Company”) has signed a five-year Technology Collaboration Agreement with Systematec GmbH, a German specialist engineering innovator and...
HILLCREST ANNOUNCES $5M EQUITY FACILITY AGREEMENT AND FIRST TRANCHE CLOSING
VANCOUVER, B.C., April 12, 2021 – Hillcrest Energy Technologies, Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI.F) (the “Company” or “Hillcrest”) today announces the closing of a $5,000,000 equity facility agreement (the “Investment Agreement”) provided by Mercer Street...
Hillcrest Petroleum Rebrands as Hillcrest Energy Technologies; Appoints Kylie Dickson to Board of Directors
VANCOUVER, B.C., April 9, 2021 – Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI.F) (“Hillcrest” or the “Company”), today announced its rebranding as Hillcrest Energy Technologies, Ltd., choosing an identity more representative of the Company’s dedication to...
Hillcrest Acquires ANIGO Technologies Inc. – Ari Berger joins Hillcrest Executive Team as CTO
VANCOUVER, B.C., April 6, 2021 – Hillcrest Petroleum Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI.F) (“Hillcrest'' or the “Company”), today announced the acquisition of ANIGO Technologies Inc. (“ANIGO”), a privately-owned engineering product development company and...
Hillcrest Petroleum Begins Trading on Canadian Securities Exchange Under New Symbol “HEAT”
VANCOUVER, B.C., March 31, 2021 – Hillcrest Petroleum Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI.F) (“Hillcrest” or the “Company”) today announced that, further to its news release dated March 29, 2021, the Company is now approved and listed on the Canadian Securities...
HILLCREST BRINGS NEW WEST HAZEL WELL ONLINE; ANNOUNCES START OF REMEDIATION
VANCOUVER, B.C., March 30, 2021 – Hillcrest Petroleum Ltd. (TSX.V:HRH) (OTCQB: HLRTF) (FRA: 7HI.F) (“Hillcrest or the “Company”) is pleased to announce that, further to its shareholder update dated January 25th, 2021, a short-lateral oil well was successfully drilled...
HILLCREST TO COMPLETE CSE LISTING AND VOLUNTARY TSXV DE-LISTING
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), announces that further to its news releases dated March 8, 2021 and September 8, 2020, the Company has received confirmation from the Canadian Securities Exchange (the “CSE”) that the common...
HILLCREST RECEIVES CONDITIONAL APPROVAL FOR CSE LISTING
VANCOUVER, B.C., March 8, 2021 – Hillcrest Petroleum Ltd. (TSX.V:HRH) (OTCQB: HLRTF) (FRA: 7HI.F) (“Hillcrest or the “Company”) is pleased to announce that, further to its news release dated September 8th, 2020 in respect of the Company’s plans to delist its common...
HILLCREST SHAREHOLDER UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX.V: HRH.V) (OTCQB: HLRTF) (FRA: 7HI.F) is pleased to provide the following shareholder update on the status of key Company initiatives. Hillcrest is actively working to complement our...
HILLCREST CLOSES PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), announces that it has closed a non-brokered private placement of up 25,340,000 units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $1,267,000 (the...
2020 PRESS RELEASES
HILLCREST SIGNS TECHNOLOGY TRANSFER MOI
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) has signed a Memorandum of Intent with ANIGO Technologies Inc. (ANIGO) outlining a licensed technology transfer arrangement whereby the Parties intend to jointly develop new IP based on ANIGO’s...
HILLCREST SIGNS LOI TO JOINT VENTURE IP, TECHNOLOGIES, and OPPORTUNITIES WITH BATTERY MANAGEMENT AND ENERGY STORAGE SOLUTION COMPANY
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) has signed a Letter of Intent with Extreme Vehicle Battery Technologies Corp. (CSE:ACDC), to form a joint venture whereby each party contributes their respective clean energy IP, technology,...
HILLCREST APPOINTS GENERAL MANAGER TECHNOLOGY DEVELOPMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (TSX.V: HRH, OTCQB:HLRTF) (the "Company") is pleased to announce that Ari Berger has been appointed to Hillcrest’s executive team as General Manager Technology Development. Having previously acted in an advisory capacity, Mr....
HILLCREST APPOINTS GENERAL MANAGER TECHNOLOGY DEVELOPMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (TSX.V: HRH, OTCQB:HLRTF) (the "Company") is pleased to announce that Ari Berger has been appointed to Hillcrest’s executive team as General Manager Technology Development. Having previously acted in an advisory capacity, Mr....
HILLCREST SIGNS CHIEF TECHNOLOGY CONSULTANT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (TSX.V:HRH OTC:HLRTF) (the "Company") is pleased to announce that it has expanded its executive team and engaged Ari Berger as Chief Technology Advisor. Mr. Berger is an expert in electric motor control technologies with...
HILLCREST TO DELIST FROM THE TSXV AND APPLY FOR LISTING ON THE CSE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), announces that the Company anticipates applying to the TSX Venture Exchange (the “TSXV”) to delist its common shares (the “Shares”), and that the Company intends to apply to list its Shares on...
Hillcrest Signs US Advisory Agreement
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to announce the Company has signed a Financial and Advisory Services Agreement with a New York based capital and advisory firm. The agreement outlines the scope of work will include...
HILLCREST SIGNS US PATENTED ENERGY TECHNOLOGY LICENSING AGREEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to announce that its previously announced US Licensing Agreement with Oropass Ltd. (the “Licensing Agreement”) has been executed, enabling development, licensing, and marketing of...
HILLCREST ANNOUNCES OVERSUBSCRIBED PRIVATE PLACEMENT & WARRANT INCENTIVE PROGRAM RESULTS
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to announce the non-brokered private placement of up 20,000,000 units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $1,000,000 (the...
CLOSING DATE FOR ENERGY TECHNOLOGY LICENSING AGREEMENT EXTENDED TO AUGUST 10, 2020
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), updates our shareholders that both parties involved in the Licensing agreement of US Patented, electrical generation technology, have agreed to extend the closing date from August 1st to...
HILLCREST ACQUIRES 100% WORKING INTEREST IN WEST HAZEL
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to announce it will increase its working interest percentage in the West Hazel field to 100% by acquiring the remaining working interest its Joint Venture Partner. The agreement in...
HILLCREST ANNOUNCES EARLY WARRANT EXERCISE INCENTIVE PROGRAM
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to announce that will make an application to the TSX Venture Exchange (the “Exchange”) for approval of the implementation of an early warrant exercise incentive program (the...
HILLCREST OIL PRODUCTION UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to update our shareholders on developments at our West Hazel asset. Oil production re-commenced at West Hazel, after a brief shut in period in April/May due to low oil prices...
HILLCREST UPDATES TECHNOLOGY PARTNERSHIP PROGRESS
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), is pleased to update our shareholders on developments related to the ALSET Innovation Ltd. technology partnership. Upon execution of Definitive Agreements, the ALSET technology partnership...
HILLCREST EXPANDS ROLE IN TECHNOLOGY PARTNERSHIP
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), has expanded the Company’s involvement and responsibilities within the ALSET partnership for the US Licensing and European Union marketing and deployment agreements. The partnership will...
HILLCREST RE-STARTS OIL PRODUCTION EARLY
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce production from the Saskatchewan based West Hazel assets re-commenced on May 19th, 2 weeks earlier than originally anticipated. The Company originally intended to...
HILLCREST PART OF OPTION TO LICENSE NEW, US PATENTED, TECHNOLOGY FOR POWER GENERATION APPLICATIONS IN THE EUROPEAN UNION
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”), has signed a Memorandum of Intent securing an option to market licensing in the European Union for patented, technology which has been demonstrated in laboratory tests to potentially improve...
HILLCREST TO RECOMMENCE OIL SALES
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce its intention to restart production from the Saskatchewan based West Hazel assets and commence oil sales at the beginning of June. Hillcrest has nominated firm oil sale...
HILLCREST AND PARTNER FORMING INCORPORATED JOINT VENTURE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that Hillcrest and its partner (the “Partners”) have agreed to form an incorporated joint venture that will market the previously announced USA licensing agreements...
HILLCREST SECURES EXCLUSIVE CO-LICENSING RIGHTS FOR CLEAN TECHNOLOGY
VANCOUVER, B.C. – further to our press release of April 23rd, 2020, Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to report that the cash deposit required to secure the exclusive right to partner with Oropass Ltd, has been made. The partnership...
HILLCREST SIGNS LOI TO CO-LICENSE NEW, US PATENTED, TECHNOLOGY FOR ELECTRIC VEHICLE AND POWER GENERATION APPLICATIONS
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) has signed a Letter of Intent for an option to co-market licensing in the USA for a patented, electrical generation technology which has been demonstrated to improve electrical generation...
HILLCREST SHAREHOLDER UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to offer an update on current operations. Oil production operations at Hillcrest’s West Hazel field are stable, with production revenues expected to continue to cover operating...
HILLCREST ELECTRIFIES WESTHAZEL OIL PRODUCTION OPERATIONS
HILLCREST ELECTRIFIES WESTHAZEL OIL PRODUCTION OPERATIONS VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) – Further to our recent news release of January 31, 2020, the Company is pleased to provide an update on its operational improvement...
HILLCREST WESTHAZEL PRODUCTION UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) – Further to our news release of July 5, 2019 and September 10th 2019, the Company is pleased to provide an update on its operations at West Hazel. We are pleased to report 6 full months of...
HILLCREST ANNOUNCES LOAN CONVERSION
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) announces that on December 31st 2019, a secured loan of Five Hundred Fifty Seven Thousand Eighty One dollars and 34 cents ($557,081.34) was converted into common shares of the company at a...
HILLCREST ANNOUNCES NEW CFO
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that, effective January 1, 2020, Aaron Triplett was appointed as its new Chief Financial Officer and Corporate Secretary. Mr. Triplett is a Chartered Professional...
2019 PRESS RELEASES
HILLCREST CLARIFIES PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) announces that, further to its news release of December 4, 2019 regarding the closing of its private placement of units (the “Units”) at $0.03 per Unit for gross proceeds of $628,333.38 (the...
HILLCREST ANNOUNCES EXTENSION OF PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) – announces that, further to its news release of September 6, 2019, the TSX Venture Exchange has granted the Company an extension to November 30, 2019 to close the unit financing. For more...
FIRST MILESTONE OF 150 BOPD ACHIEVED SINCE JULY AT WEST HAZEL
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) – is pleased to announce that it has achieved the milestone of continuous oil production rates greater than 150 barrels of oil per day (“bopd”) at West Hazel. Oil production and cut ratio have...
HILLCREST ANNOUNCES UNIT PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (“Hillcrest” or the “Company”) announces that it proposes, subject to the acceptance of the TSX Venture Exchange, to undertake a private placement to raise up to $600,000 (the “Offering”) by the issuance of up to 20,000,000...
HILLCREST PROVIDES UPDATE AND ANNOUNCES CLOSING OF UNIT PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) – As previously announced the upgraded West Hazel production facilities were commissioned in January, with initial production from two wells commencing concurrently. A third well was brought...
HILLCREST OIL PRODUCTION CLIMBS
VANCOUVER, B.C. – As previously announced by Hillcrest Petroleum Ltd. (the “Company”) the upgraded West Hazel production facility is in operation, and production started from 2 wells on January 13th and January 15th, respectively. Initial fluid production rates from...
HILLCREST SIGNS STRATEGIC ALLIANCE WITH PUBLICLY TRADED AUSTRALIAN OIL AND GAS COMPANY
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce it has executed a Memorandum of Understanding (MOU) with Xstate Resources Limited (“Xstate”), a publicly listed Australian oil and gas company, to jointly pursue oil and...
SASKATCHEWAN OIL PRODUCTION OPERATIONS UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company”) is pleased to report the upgraded West Hazel production facility is in operation, and production started from 2 wells on January 13th and January 15th, respectively. Initial fluid production rates from both...
2018 PRESS RELEASES
SASKATCHEWAN OIL PRODUCTION OPERATIONS UPDATE
VANCOUVER, B.C. – Further to the Company’s October 2, 2018 announcement regarding the re-start of production from the West Hazel Field in Saskatchewan, we are pleased to provide the following update. The Company’s previously announced plans to restore production from...
Hillcrest Announces Convertible Loan Financing
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company”) announced that it has received loan commitments for gross proceeds of up to $900,000 (the "Loans"), the terms of which allow for the conversion of the Loans plus applicable interest, at the option of the...
HILLCREST TO COMMENCE OPERATIONS TO RE-START OIL PRODUCTION OPERATIONS IN SASKATCHEWAN
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company”) is pleased to announce that it is commencing operations to re-start oil production from the West Hazel Oil field in Saskatchewan, with first oil sales expected in November, 2018. Under the terms of its Joint...
HILLCREST APPOINTS CHIEF OPERATING OFFICER AND IS APPROVED AS OPERATOR IN SASKATCHEWAN
VANCOUVER, B.C. – The Company is pleased to announce the appointment of Dale Miller to the position of Chief Operating Officer, effective immediately. Mr. Miller brings over 35 years of Canadian oil and gas operating experience across the Western Canadian Sedimentary...
HILLCREST SIGNS BINDING AGREEMENTS FORMING STRATEGIC ALLIANCE TO PURSUE OIL AND GAS ACQUISITIONS IN WESTERN CANADA
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that it has signed binding agreements creating a Strategic Alliance (the “Strategic Alliance”) with a private company (the “Partner”) to pursue oil and gas acquisitions...
HILLCREST SIGNS LETTER AGREEMENT TO NEGOTIATE A STRATEGIC ALLIANCE TO PURSUE OIL AND GAS ACQUISITIONS IN WESTERN CANADA
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that it has signed a letter agreement (the “Letter Agreement”) with a private company (the “Partner”) to negotiate and form a strategic alliance (the “Strategic Alliance”)...
Hillcrest Engages Torrey Hills Capital
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (Trading symbol HRH:TSX.V HLRTF:OTCQB) is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. ("Torrey Hills Capital"), a Rancho Santa Fe, California based investor...
HILLCREST TO ATTEND ENERGY BLOCKCHAIN FORUM
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (Trading symbol HRH:TSX.V HLRTF:OTCQB) is pleased to announce that the Company has been invited to attend and participate in an Energy Blockchain Forum at The Amegy Bank Conference Center in...
HILLCREST SIGNS LOI TO JOINT VENTURE IP, TECHNOLOGIES, and OPPORTUNITIES WITH BATTERY MANAGEMENT AND ENERGY STORAGE SOLUTION COMPANY
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that the Company has submitted the license documents to the Provincial Regulator that are required in order to commence the re-development of the West Hazel oil pool...
SASKATCHEWAN PRODUCTION UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to provide the following update on the Company’s development and production operations in Saskatchewan. Hillcrest previously announced that production from the 16-13 well was restored...
HILLCREST ANNOUNCES 1ST TRANCHE CLOSING OF UNIT PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) announces that further to its news release of February 6, 2018, the Company has closed the first tranche of the non-brokered private placement of units of the Company (the “Units”) at $0.05 per...
HILLCREST ANNOUNCES AMENDED PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd., (the “Company”) announces that, further to its new releases of January 18, 2018, it has, due to market conditions, reduced the price of its non-brokered unit private placement (the “Private Placement”) from $0.07 per unit to...
HILLCREST OFFERS CLARIFICATION ON DIGITAL CURRENCY ENGAGEMENT AGREEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to offer a clarification to our news release of January 25th, 2018, in which the Company announced an engagement agreement with Entoro Capital, LLC (“Entoro”) headquartered in...
HILLCREST SIGNS DIGITAL CURRENCY ENGAGEMENT AGREEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce the Company has signed an engagement agreement with Entoro Capital, LLC (“Entoro”) headquartered in Houston, Texas to establish a digital or crypto currency Initial Coin...
SASKATCHEWAN OPERATIONS UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to update the Company’s production and well workover operations currently underway in Saskatchewan. Daily oil production from the 16-13 well has increased from 22 barrels of oil per...
AMENDMENT TO PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) has amended the previously announced non-brokered private placement to increase it to 7,500,000 units at $0.07 per unit for gross proceeds of $525,000. The remaining terms of the financing...
Hillcrest Production Operations Update
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to provide the following production operations update from the Flaxcombe Field area, located in Western Saskatchewan. These operations are being undertaken in conjunction with our...
2017 PRESS RELEASES
HILLCREST ANNUAL GENERAL MEETING RESULTS
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce the results of the Company’s annual general meeting that was held December 15, 2017. Shareholders of Hillcrest overwhelmingly voted in favour of all of resolutions...
HILLCREST PARTICIPATES IN SASKATCHEWAN WORKOVER PROGRAM
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce the company has been invited to participate in a well workover program with Westcore Energy Ltd. (“Westcore”) headquartered in Saskatoon, Saskatchewan. The agreement with...
HILLCREST PROVIDES SHAREHOLDER UPDATE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to provide the following Company update to our shareholders. As previously announced on May 10, 2017, Hillcrest signed a binding Joint Venture Agreement (the “JV Agreement”) with a...
Hillcrest Petroleum Ltd. Becomes Member of the 8020 community
September 12, 2017 - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") is pleased to announce that it recently became a member of the 8020 Connect community. 8020 Connect (www.8020connect.com) is the investment industry's newest investor community, developed to...
HILLCREST SIGNS MERCHANT BANKING AGREEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that the Company has signed a Merchant Banking agreement with WC Capital Inc, an Ontario based organization. WC Capital Inc is an affiliate of Wade & Company, a...
HILLCREST OBTAINS ALBERTA ENERGY REGULATOR OPERATOR LICENSE APPROVAL
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that the Company has been approved by Alberta Energy Regulator (AER) to Operate oil and gas assets in Alberta. This is an important step for Hillcrest to move forward...
HILLCREST ANNOUNCES THE CLOSING OF THE SECOND AND FINAL TRANCHE TO $0.07 UNIT NON BROKERED PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company”) announces that it has closed the second and final tranche of its non-brokered private placement (the “Offering”) originally announced on May 10, 2017 with updated announcements on June 29, 2017 and July 7,...
HILLCREST PETROLEUM CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company”) announces that it has closed the second and final tranche of its non-brokered private placement (the “Offering”) originally announced on May 10, 2017 with updated announcements on June 29, 2017 and July 7,...
HILLCREST SIGNS BINDING JOINT VENTURE AGREEMENT FOR WESTERN CANADA ASSETS
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that the Company has signed a binding Joint Venture Agreement (the “JV Agreement”) with a Canadian oil and gas company (“Juniorco”) whereby the Company, via a wholly...
HILLCREST SIGNS LETTER AGREEMENT FOR WESTERN CANADA ASSETS BALANCE SHEET TO BE STRENGTHENED VIA GULF OF MEXICO RESTRUCTURE
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce that the Company has signed a letter agreement (the “Letter Agreement”) with a Canadian oil and gas company (“Seller”) whereby the Company will earn up to a 75% Working...
HILLCREST ANNOUNCES THE CLOSING OF ITS OVERSUBSCRIBED $0.05 UNIT NON BROKERED PRIVATE PLACEMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announced that it has closed the second and final tranche of its non-brokered private placement (see original press release of November 24, 2016) at a price of $0.05 per unit (the...
2016 PRESS RELEASES
HILLCREST RELEASES Q3 FINANCIAL RESULTS
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) announces the Company has released it financial results for the nine month period ended September 30, 2016. Highlights For the nine month period ended September 30, 2016 the Company achieved...
HILLCREST COMPLETES ONSHORE SALE OF TWO OFFSHORE PROPERTIES
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) announces the Company has completed a transaction to divest of the Company interests in two Gulf of Mexico properties. This transaction was completed with the objective of removing onerous...
HILLCREST COMPLETES ONSHORE LOUISIANA DEVELOPMENT TRANSACTION
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce the Company has completed the transaction for the right to earn 75% working interest in 6200 acres located in the State of Louisiana (“Project Area”). As previously...
HILLCREST SIGNS LETTER OF INTENT FOR ONSHORE LOUISIANA DEVELOPMENT
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce the Company has signed a Letter of Intent (“LOI”) with an arms-length vendor whereby the Company will have the right to earn a 75% Working Interest in 6,200 acres located...
2015 PRESS RELEASES
Hillcrest Secures Line Of Credit At Commercial Bank Rate
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) is pleased to announce the Company has secured a line of credit (“Line of Credit”) initiated and secured by a third party (the “Lender”) and held at the Canadian Imperial Bank of Commerce...
HILLCREST ANNOUNCES COMMENCEMENT OF TRADING ON OTCQB
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (“Hillcrest” or the “Company”) is pleased to announce the Company has qualified for, and commenced trading on, the OTCQB Venture Market. OTCQB is part of the OTC Markets Group based in the United States of America...
HILLCREST ANNOUNCES PROPOSED PRIVATE PLACEMENT OF DEBENTURES
VANCOUVER, B.C. – Hillcrest Petroleum Ltd. (the “Company”) announces that it intends to proceed with a private placement offering (the “Offering”) of debentures (the “Debentures”) at a price of CDN$25,000 per Debenture for maximum gross proceeds of CDN$1,000,000. ...
SHAREHOLDER UPDATE – NEW BOARD MEMBER
HOUSTON, TEXAS – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to offer the following update. Production operations from the Company’s onshore Texas and shallow water Gulf of Mexico offshore oil and gas assets...
MICHAEL KRZUS NAMED EXECUTIVE CHAIRMAN
HOUSTON, TEXAS –Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to announce the election of Michael Krzus as Executive Chairman of the Company effective immediately. Mr Krzus has been a director of the Company since...
HARTBURG LOI NOT EXTENDED
HOUSTON, TEXAS –Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is announcing the non-binding letter of intent for the sale of the Company’s working interest in its four oil and gas wells in Newton County, Texas will not be...
HILLCREST EXTENDS CLOSING FOR HARTBURG SALE
HOUSTON, TEXAS – As previously announced July 6, 2015 Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) executed a non-binding letter of intent for the sale of the Company’s working interest in its four oil and gas wells in Newton...
HILLCREST SIGNS LOI FOR HARTBURG SALE
HOUSTON, TEXAS – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to announce that it has executed a non-binding letter of intent for the sale of the Company’s working interest in its four oil and gas wells in Newton...
HILLCREST RECAPS YEAR END RESULTS
HOUSTON, TEXAS – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to announce the financial and operating results for the year ended December 31, 2014, and the results of its independent reserves evaluation in...
Hillcrest’s Gulf Of Mexico Reserve Report
HOUSTON, TEXAS – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to update our shareholders on corporate developments and current activities. In December of 2014, Hillcrest commissioned an independent reserve...
Hillcrest’s Production Report And Shareholder Update
HOUSTON, TEXAS – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to update our shareholders on corporate developments and current activities. As of March 15th, the Company’s current average daily working interest...
Hillcrest Announces Name Change
VANCOUVER, B.C. – Hillcrest Resources Ltd. (the “Company”) is pleased to announce that effective March 11, 2015, the Company’s name will change from “Hillcrest Resources Ltd.” to “Hillcrest Petroleum Ltd.” At the opening of trading on the TSX Venture Exchange on...
Hillcrest Announces Extension Of Warrants
VANCOUVER, B.C. – Hillcrest Resources Ltd. (the "Company") announces that it proposes to extend the expiry date of 1,392,889 outstanding share purchase warrants (the "Warrants"). These Warrants were originally issued on February 29, 2012 as part of a private placement...
Hillcrest Announces Extension Of Warrants
VANCOUVER, B.C. – Hillcrest Resources Ltd. (the “Company”) announces that it proposes to extend the expiry date of 1,392,889 outstanding share purchase warrants (the “Warrants”). These Warrants were originally issued on February 29, 2012 as part of a private placement...
Hillcrest’s Production Increases By 450% After Acquisition Head Office Relocates To Houston
HOUSTON TEXAS – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V: HRH US Symbol HLRTF) is pleased to update our shareholders on corporate developments and current activities. Acquisition of Gulf of Mexico Production As previously announced, Hillcrest...
2014 PRESS RELEASES
Hillcrest Completes Purchase of Gulfsands Petroleum USA
VANCOUVER, B.C. December 22, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V: HRH US Symbol HLRTF) is pleased to announce that the Company has completed the purchase of Gulfsands Petroleum USA (“GPUSA”). The acquisition of GPUSA includes all its...
Hillcrest Announces Update on Private Placement of Units
VANCOUVER, B.C. – Hillcrest Resources Ltd. (the “Company”) is pleased to announce that further to the Company’s news release of November 4, 2014 announcing the non-brokered private placement of up to 10,000,000 units (the “Units”) at $0.05 per Unit (the “Private...
Hillcrest Signs Share Purchase Agreement to Acquire Oil and Gas Company
VANCOUVER, B.C. December 9, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V: HRH US Symbol HLRTF) is pleased to announce that the Company has signed a Share Purchase Agreement (the “SPA”) to acquire Gulfsands Petroleum USA (“GPUSA”). The...
Resignation of Director and Officer
VANCOUVER, B.C. – Hillcrest Resources Ltd. (the “Company”) announces that Jason Oden has resigned as the President and a director of the Company to pursue other opportunities. The Company would like to thank Mr. Oden for his contributions to the Company.ON BEHALF OF...
Hillcrest Signs Letter of Intent to Purchase Producing Oil and Gas Company
VANCOUVER, B.C. November 4, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V: HRH US Symbol HLRTF ) is pleased to announce that the Company has signed a letter of intent (the “LOI”) to acquire the Texas domiciled subsidiary (“SubCo.”) of an...
Operations Update
VANCOUVER, B.C. September 23, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V: HRH ) is pleased to provide an update on development and production operations in the Hartburg projects area in Newton County, Texas. The Donner #1 well is currently...
Hillcrest Resources Ltd. Announces Meeting and Record Date and Approval of Advance Notice Policy
VANCOUVER, B.C. May 9, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) Hillcrest Resources Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) – Hillcrest’s annual general and special meeting of shareholders (the “Meeting”) will be held on July...
Hillcrest’s Nadsoil Brown #1 Well Production Update
VANCOUVER, B.C. May 1, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) As previously announced the surface facility installation has been completed and the Nadsoil Brown #1 well, located in Newton County, Texas, commenced oil production...
Production And Sales Update For Donner #4
VANCOUVER, B.C. April 22, 2014 – Hillcrest Resources Ltd. (the “Company” or “Hillcrest”) (TSX.V : HRH) is pleased to report that the Donner #4 well, located in Newton County, Texas, has increased production since sales began April 1st, 2014. Total initial gas...
Hillcrest’s Nadsoil Brown #1 Well Commences Oil Production
VANCOUVER, B.C. April 9, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce that surface facility installation is now complete and the Nadsoil Brown #1 well, located in Newton County, Texas, has commenced oil production...
Hillcrest Initiates Gas Sales At Donner #4
VANCOUVER, B.C. April 1, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to report that the recently completed Donner #4 well, located in Newton County, Texas, has started sales as a gas producer. As previously reported, the...
Hillcrest’s 100% Owned Nadsoil Brown #1 Flows Oil to Surface
VANCOUVER, B.C. March 24, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce that the Nadsoil Brown #1 well, located in Newton County, Texas, has been drilled to a total depth of 7,504 feet and has been completed as a...
Donner #4 Flows Gas To Surface
VANCOUVER, B.C. March 13, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to report that the recently drilled Donner #4 well, located in Newton County Texas, has been completed as a gas producer. The well was recently drilled to...
Hillcrest To Complete Brown #1
VANCOUVER, B.C. March 7, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce that the Brown #1 well has been drilled to the planned total depth of 7,504 feet, and the current operation is to run production casing in the...
Hillcrest Commences Drilling On Brown # 1 Well
VANCOUVER, B.C. February 24, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce that drilling has started on the Brown #1 well in Newton County Texas. The well, previously permitted as the Donner #3, is located...
Hillcrest To Complete Donner #4
VANCOUVER, B.C. February 20th, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce that the Donner #4 well has been drilled to a total depth of 7,500 feet as planned. Following a review of the electric logs, Hillcrest and...
Extension Of Warrants
VANCOUVER, B.C. – Hillcrest Resources Ltd. (the “Company”) announces that it proposes to extend the expiry date of 1,392,889 outstanding share purchase warrants (the “Warrants”). Each Warrant entitles the holder to purchase one common share of the Company at a price...
Drilling has Commenced on Donner #4 Well
VANCOUVER, B.C. February 3rd, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce the drilling rig contracted with Progress Drilling arrived on site, rigged up and has commenced drilling the previously announced Donner #4...
Hillcrest Drilling to begin Week of January 19, 2014
VANCOUVER, B.C. January 16, 2014 – Hillcrest Resources Ltd. (the “Company” or Hillcrest”) (TSX.V : HRH) is pleased to announce the Company has received confirmation the drilling rig contracted with Progress Drilling will be on site and ready to Spud the Donner #4 well...