Hillcrest 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 accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities as at December 31, 2014. The Independent reserves evaluation covers a 12 month period and is focused on all of the Company's subsidiaries and producing areas of [...]
HOUSTON, TEXAS / TheNewswire / April 20 2015 - 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 engineering firm to perform an assessment of Hillcrest's Gulf of Mexico oil and natural gas reserves, in accordance with and pursuant to [...]
HOUSTON, TEXAS / TheNewswire / March 24 2015 - 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 production from all assets is 244 barrels of oil per day ("bopd") and 816 thousand cubic feet of gas per day ("mcfgpd"). The gas [...]
HOUSTON TEXAS / TheNewswire / January 20, 2015 / 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 Resources closed the purchase of Gulfsands Petroleum USA ("GPUSA"), a US based subsidiary of an international Oil and Gas [...]
VANCOUVER, B.C / TNW-ACCESSWIRE / 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 assets, property, staff and both corporate and operational commitments. The acquired producing assets are located offshore Louisiana, in [...]
VANCOUVER, B.C / TNW-ACCESSWIRE / 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 acquisition includes all assets, property, staff and commitments of GPUSA. The producing assets are located in the shallow water portion of the [...]
VANCOUVER, B.C. / TNW-ACCESSWIRE / 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 international oil and gas company. The acquisition includes all assets, property and commitments of SubCo. as well as its production revenues [...]
VANCOUVER, B.C. / TNW-ACCESSWIRE / 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 producing oil at a gross average rate of approximately 38 barrels of oil per day (bopd). Since commencing production in August 2010, the [...]
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 14, 2014. The record date for the shareholders entitled to vote at the Meeting has been set as shareholders of record as at the close of business on May 30 [...]
VANCOUVER, B.C. / TNW-ACCESSWIRE / 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 for sales on April 9, 2014 and commenced gas production for sales on April 19, 2014. The well, drilled to a total depth of 7,504 feet, has [...]
VANCOUVER, B.C. / TNW-ACCESSWIRE / 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 production from the Donner #4 well averaged approximately 325,000 standard cubic feet per day (scfpd) on a 6/64th inch choke, with no associated [...]
VANCOUVER, B.C. / TNW-ACCESSWIRE / 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 for sales. As previously reported the well was drilled to a total depth of 7,504 feet and completed as a potential oil producer, and was [...]