TSX-V Symbol HRH
The Hartburg Project
Hillcrest Resources Ltd, drilled and completed a well in the Hartburg Field in Newton County Texas which is approximately five miles southwest of Deweyville Texas. The Donner #1 well produces oil from the Lower Hackberry Formation and has gas potential in various sands.
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Livingston Property
On December 10, 2009, the Company purchased from Nadsoilco LLC a 30% gross working interest and a 22.5% net revenue interest in 214 contiguous acres ...
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Montana Projects
Hillcrest Resources has acquired and holds over 28,000 acres in the Alberta Basin Bakken Fairway, located within Pondera and Teton counties in northwest Montana. The company will commence seismic surveying in Q1 followed by an exploration program late Q2-early Q3. Hillcrest's Montana prospects have multi-zone oil potential (Bakken, Sunburst, Madison, Nisku, Duperow, Swift). Montana is experiencing an oil boom similar to the recent exploration frenzy in the Williston Basin of North Dakota. Hillcrest Resources has positioned itself to participate in the boom through acquisition of acreage followed by exploration and potentially production.
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VANCOUVER, B.C. November 7, 2012 – Hillcrest Resources Ltd. (the “Company” or “Hillcrest”) (TSX.V : HRH) is pleased to announce the Company has requested preparation of an Authorization for Expenditure (“AFE”) and completion of regulatory approvals for the drilling of a third development well (“Donner #3”) within the Hartburg property of Newton County Texas.
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VANCOUVER, B.C. November 1, 2012 – Hillcrest Resources Ltd. (the “Company” or “Hillcrest”) (TSX.V : HRH) is pleased to announce Mr. Tom Milne has agreed to join the Board of Directors of the Company.
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VANCOUVER, B.C. July 10, 2012 – Hillcrest Resources Ltd. (the “Company” or “Hillcrest”) (TSX.V : HRH) is pleased to announce that the Company has increased its land position in the emerging Bakken place in western Montana to approximately 27,000 acres.
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VANCOUVER, B.C. – May 22, 2012. VANCOUVER, B.C. May 22, 2012 – Hillcrest Resources Ltd. (the “Company”) is pleased to announce the Nadsoilco Donner #2 well located in Newton County Texas, has commenced production of gas. The well was drilled in July of 2011 to a total depth of 7559 feet at which time wire logs were run. Interpretation of the wire logs indicated potential oil and gas pay in four separate zones. Two of the zones appear to extend productive intervals within the Donner #1 well located approximately 3500 feet to the east of Donner #2.
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VANCOUVER, B.C. – March 21, 2012. VANCOUVER, B.C. – Hillcrest Resources Ltd. (the “Company”) announces that further to the Company’s news releases of February 2, 2012, February 24, 2012 and March 8, 2012 and in connection with the closing of the first tranche of the private placement of units (the “Units”) at $0.18 per Unit (the “Offering”), the Company wishes to clarify that the warrants issued by the Company to Fin-XO Securities Inc. (the “Finder”) as Finder’s fees for the purchase of up to 111,600 common shares in the capital of the Company (the “Shares”), have an exercise price of $0.18 per Share and are exercisable until February 28, 2014.
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