Hillcrest Petroleum Ltd. (HRH:CA)

account_balanceJunior Natural Resource: Oil and Gas

  About Us
Hillcrest Petroleum Ltd is principally engaged in the acquisition, exploration, development, and production of oil and gas reserves. Geographically it operates through the region of Canada and the United States. The organization generates most of its revenues from the production and sales of conventional oil and gas assets in Canada.
Website

https://www.hillcrestpetroleum.com/

https://www.hillcrestpetroleum.com/

Headquarters

Suite 1410 - 1030 West Georgia Street Vancouver, BC Canada V6E 2Y2

Public Issuance

May 2 2006

Shares Outstanding

112.54M

Corporate Filings

SEDAR:HRH

Stock Symbol

HRH:CA/HLRTF:OTCPK

location_onSuite 1410 - 1030 West Georgia Street Vancouver, BC Canada V6E 2Y2
 3 Reasons to invest
  1. Our Acquisition Strategy: Acquire producing oil and gas assets with high value growth potential deliverables through field development, e.g. low risk drilling, water floods.
  2. Asset Development Strategy: Develop fields to unlock asset value by increasing production and Proved reserves valuation through well recompletions, development drilling, enhanced recovery/reservoir management and full commitment to remediation at end of commercial life. 
  3. Asset Management Strategy: Divest assets at maximum valuation point in oil and gas project life cycle (e.g. maximum production and Proved reserves valuation) within 2 to 4 years. 

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 Current Team
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Saskatchewan West Hazel


































Hillcrest is operator with 75% working interest (WI), reverting to 50% WI
after payout of the Production Restart costs.
  • 160 bbl/d heavy oil (12 to 16 API), WCS pricing
  • 5 active wells: 4 oil producers, 1 SWD, ~ 800m well
  • depth
  • recently upgraded integrated production facilities including artificial lift, separators, storage tanks, 5000 bbl/d water injection system in place
Further Field Development Potential
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 Acquisition Targets















 Fields
  • Conventional, producing, light oil fields 
  • Extensive infrastructure and easy access to services
  • Production facilities connected to existing oil and gas export lines
Current production 160 bbl/d
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  Publications

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Hillcrest Petroleum hits Milestone at West Hazel oil project

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Hillcrest Petroleum teams up with WestCan for a very unique partnership

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Hillcrest Petroleum hits Milestone at West Hazel oil project

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Hillcrest Updated Pitch

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Don describes the opportunity for investors and the exciting developments on the horizon for 2020.

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Don Currie, CEO of Hillcrest Petroleum Ltd. gives his thoughts on the oil and gas sector as we go into 2020

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Oil patch in 2020

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Interview

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