Press Releases

 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...

 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...

 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...

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...

 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...

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...

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...

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...

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...

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...

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...

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...

 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...

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”)...

 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...

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...

 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...

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...

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...

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...

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...

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...

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...

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...

 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...

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...

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...

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...

 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...

 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...

 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...

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,...

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,...

 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...

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...

 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...

 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...

 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...

 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...

 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...

 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...

 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...

 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. ...

 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...

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...

 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...

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...

 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...

 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...

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...

​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...

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...

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...

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...

 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...

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...

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...

 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...

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...

 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...

 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...

 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...

 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...

 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...

 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...

 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...

 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...

 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...

 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...

 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...

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...

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...

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...

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...