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Hillcrest Newsroom

Press Releases

We are a clean tech innovation company developing transformative power conversion technologies and control-system solutions for next-generation electrical systems that will power a more sustainable and electrified future. We invite you to subscribe to our mailing list, connect with us on social media and contact us with any questions.
Hillcrest Achieves Breakthrough in EMC Chamber Testing with European Automotive OEM

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.

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Dan Mathieson Joins Hillcrest As Strategic Advisor

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.

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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.

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We are pleased to announce that @Danmathieson has joined the Hillcrest team as our newest strategic advisor!

Mr. Mathieson’s extensive network and innovation mindset will be invaluable as Hillcrest advances across the globe.

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Check out our latest YouTube video! Our CEO Don Currie is discussing the latest demonstrations with European OEMs and the great developments that are in the pipeline!

Subscribe to our channel to stay up to date with more news from our company! ⬇️

Have you read our latest news release detailing our innovative revenue opportunity designed to boost the efficiency and performance of inverters?

For the full release and to read insights from our COO, click here ➡️ https://bit.ly/3SpX9Rn

Hillcrest's ZVS Inverter is being showcased at the Hercules Electric Mobility booth during the @MiamiBoatShow through Sunday, February 18th!

Visit Hercules at Booth EP11 at the Miami Convention Center to see it!

#MiamiBoatShow #hillcrestenergytech #PoweringTheFuture

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2023 PRESS RELEASES

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.

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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.

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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.

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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.

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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).

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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2022 PRESS RELEASES

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...

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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...

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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...

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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...

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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...

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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...

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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...

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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''...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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. ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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