Hillcrest Petroleum Ltd.

lockPrivate Group

Hillcrest Petroleum Ltd. is focused on adding, creating and increasing value through the acquisition, development and production of conventional oil and gas assets in the United States and Canada. Join our investor group to learn more.

people64 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
  • Thumb don update photo
  • Thumb mike
  • Thumb square logo hrh
Request Membership


Hillcrest Petroleum Ltd.

lockPrivateGroup

Hillcrest Petroleum Ltd. is focused on adding, creating and increasing value through the acquisition, development and......

people64 Members       (0)

Thumb hillcrest

HRHCommunity MGR posted an update in HILLCREST PETROLEUM LTD.

36 minutes ago

Investor Update: We ask the team in the field to send us some pictures and short videos from West Hazel. This gives you an idea of what our fields look like. Thank You, Ryan McGowan.

CM

Thumb 8020 media relations

Media Relations posted an update in HILLCREST PETROLEUM LTD.

7 days ago

HRH Shareholder Update

Thumb 8020 monitor 200200 2

8020 Admin

14 days ago

8020 Admin posted a press release Hillcrest Electrifies West Hazel Oil Production Operations in HILLCREST PETROLEUM LTD.

VANCOUVER, B.C. - TheNewswire - Hillcrest Petroleum Ltd. (TSXV:HRH) (OTC:HLRTF)(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 initiative to increase operational reliability and reduce operating costs by connecting its West Hazel production operations to the Saskatchewan power grid. The process will significantly reduce operating costs and eliminate greenhouse gas emissions from its the current diesel/propane power system.


Get live updates from Management:http://connects.company/Joinhillcrest


The Company recently initiated actions with Sask Power to connect its West Hazel oil production operations to Saskatchewan's electricity grid. Connection to the grid involves connecting to nearby main electricity transmission lines and installing necessary electrical equipment to service operational requirements.


This will transition West Hazel production operations from expensive, greenhouse gas emitting, diesel and propane fuels to clean grid electricity, is expected to deliver additional production from increased operational reliability (e.g. reduced downtime) and reduce direct operating expenses by approximately $8,000 per month, representing approximately a 10% operating cost saving.


"Since re-starting production from the West Hazel field early last year, we have gained valuable insight into opportunities to add value by optimizing our operations and implementing environmental best practices." states Don Currie, CEO of Hillcrest Petroleum. "Electrifying the field is the first of a number of value adding field development activities planned to deliver maximum value from our West Hazel assets."


ON BEHALF OF THE BOARD



Donald Currie


Chief Executive Officer and Director


For more information on Hillcrest Petroleum Ltd., contact Donald Currie toll free at 1-855-609-0006 or visit the Company's website at www.hillcrestpetroleum.com.


Cautionary Statement Regarding "Forward-Looking" Information


Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.


Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

19 days ago

Welcome Steve to the Hillcrest Investor Group. I am the Hillcrest community manager and I am here to support Don and the team. If you have any questions please feel free to post them to the group.

Thumb 8020 monitor 200200 2

8020 Admin

19 days ago

8020 Admin posted a press release Hillcrest West Hazel Production Update in HILLCREST PETROLEUM LTD.

VANCOUVER, B.C. - TheNewswire - January 31, 2020 - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF) 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 production after all 4 wells were brought back on production at the West Hazel property.


In early July 2019 total fluid production (oil and water) was over 4,500 barrels per day, with oil cut estimated at 1.5% to 2% of total fluid. In September the Company announced production averaging over 150 barrels of oil per day, with oil cut increasing to between 2.5 and 3%.


Production performance over the past 6 months indicates consistently strong fluid flow capacity from the wells and reservoirs. Daily production from the field periodically exceeded 200 barrels per day, indicating the latent production potential from the field, as we continue to optimize production operations. Oil rates over the last 6 months averaged 115 barrels per day, despite reducing total fluid production to minimise sand influx in the wells and operational issues in one of the wells.


"We are pleased with how the field has performed well and have gained valuable insight into how best to optimize production from the wells. Heavy oil operations require more attention and care than light oil, particularly with regard to sand produced with the oil, and our field staff have done an excellent job keeping all running even in severe cold temperatures" states Don Currie, CEO of Hillcrest Petroleum. "The production revenue has created a floor for Hillcrest to work from and we continue to work to improve the Company balance sheet and shareholder value. The company will continue to issue updates as developments occur"


ON BEHALF OF THE BOARD



Donald Currie


Chief Executive Officer and Director


For more information on Hillcrest Petroleum Ltd., contact Donald Currie toll free at 1-855-609-0006 or visit the Company's website at www.hillcrestpetroleum.com .


Cautionary Statement Regarding "Forward-Looking" Information


Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.


Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

21 days ago

Q&A with Don Currie, CEO of Hillcrest Petroleum and a segment with Darren Stewart of 8020 StockTalk.

Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

23 days ago

Don gives his thoughts on the oil and gas sector as we go into 2020.

Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

28 days ago

Welcome, Tim to the Hillcrest Investor Group. If you have any questions please feel free to post.

Hillcrest Petroleum Ltd.

lockPrivate Group

Hillcrest Petroleum Ltd. is focused on adding, creating and increasing value through the acquisition, development and production of conventional oil and gas assets in the United States and Canada. Join our investor group to learn more.

people64 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
  • Thumb don update photo
  • Thumb mike
  • Thumb square logo hrh
Request Membership


Hillcrest Petroleum Ltd.

lockPrivateGroup

Hillcrest Petroleum Ltd. is focused on adding, creating and increasing value through the acquisition, development and......

people64 Members       (0)

Thumb hillcrest

HRHCommunity MGR posted an update in HILLCREST PETROLEUM LTD.

36 minutes ago

Investor Update: We ask the team in the field to send us some pictures and short videos from West Hazel. This gives you an idea of what our fields look like. Thank You, Ryan McGowan.

CM

Thumb 8020 media relations

Media Relations posted an update in HILLCREST PETROLEUM LTD.

7 days ago

HRH Shareholder Update

Thumb 8020 monitor 200200 2

8020 Admin

14 days ago

8020 Admin posted a press release Hillcrest Electrifies West Hazel Oil Production Operations in HILLCREST PETROLEUM LTD.

VANCOUVER, B.C. - TheNewswire - Hillcrest Petroleum Ltd. (TSXV:HRH) (OTC:HLRTF)(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 initiative to increase operational reliability and reduce operating costs by connecting its West Hazel production operations to the Saskatchewan power grid. The process will significantly reduce operating costs and eliminate greenhouse gas emissions from its the current diesel/propane power system.


Get live updates from Management:http://connects.company/Joinhillcrest


The Company recently initiated actions with Sask Power to connect its West Hazel oil production operations to Saskatchewan's electricity grid. Connection to the grid involves connecting to nearby main electricity transmission lines and installing necessary electrical equipment to service operational requirements.


This will transition West Hazel production operations from expensive, greenhouse gas emitting, diesel and propane fuels to clean grid electricity, is expected to deliver additional production from increased operational reliability (e.g. reduced downtime) and reduce direct operating expenses by approximately $8,000 per month, representing approximately a 10% operating cost saving.


"Since re-starting production from the West Hazel field early last year, we have gained valuable insight into opportunities to add value by optimizing our operations and implementing environmental best practices." states Don Currie, CEO of Hillcrest Petroleum. "Electrifying the field is the first of a number of value adding field development activities planned to deliver maximum value from our West Hazel assets."


ON BEHALF OF THE BOARD



Donald Currie


Chief Executive Officer and Director


For more information on Hillcrest Petroleum Ltd., contact Donald Currie toll free at 1-855-609-0006 or visit the Company's website at www.hillcrestpetroleum.com.


Cautionary Statement Regarding "Forward-Looking" Information


Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.


Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

19 days ago

Welcome Steve to the Hillcrest Investor Group. I am the Hillcrest community manager and I am here to support Don and the team. If you have any questions please feel free to post them to the group.

Thumb 8020 monitor 200200 2

8020 Admin

19 days ago

8020 Admin posted a press release Hillcrest West Hazel Production Update in HILLCREST PETROLEUM LTD.

VANCOUVER, B.C. - TheNewswire - January 31, 2020 - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF) 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 production after all 4 wells were brought back on production at the West Hazel property.


In early July 2019 total fluid production (oil and water) was over 4,500 barrels per day, with oil cut estimated at 1.5% to 2% of total fluid. In September the Company announced production averaging over 150 barrels of oil per day, with oil cut increasing to between 2.5 and 3%.


Production performance over the past 6 months indicates consistently strong fluid flow capacity from the wells and reservoirs. Daily production from the field periodically exceeded 200 barrels per day, indicating the latent production potential from the field, as we continue to optimize production operations. Oil rates over the last 6 months averaged 115 barrels per day, despite reducing total fluid production to minimise sand influx in the wells and operational issues in one of the wells.


"We are pleased with how the field has performed well and have gained valuable insight into how best to optimize production from the wells. Heavy oil operations require more attention and care than light oil, particularly with regard to sand produced with the oil, and our field staff have done an excellent job keeping all running even in severe cold temperatures" states Don Currie, CEO of Hillcrest Petroleum. "The production revenue has created a floor for Hillcrest to work from and we continue to work to improve the Company balance sheet and shareholder value. The company will continue to issue updates as developments occur"


ON BEHALF OF THE BOARD



Donald Currie


Chief Executive Officer and Director


For more information on Hillcrest Petroleum Ltd., contact Donald Currie toll free at 1-855-609-0006 or visit the Company's website at www.hillcrestpetroleum.com .


Cautionary Statement Regarding "Forward-Looking" Information


Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.


Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

21 days ago

Q&A with Don Currie, CEO of Hillcrest Petroleum and a segment with Darren Stewart of 8020 StockTalk.

Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

23 days ago

Don gives his thoughts on the oil and gas sector as we go into 2020.

Thumb square logo hrh

Hillcrest Manager posted an update in HILLCREST PETROLEUM LTD.

28 days ago

Welcome, Tim to the Hillcrest Investor Group. If you have any questions please feel free to post.