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Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 81.0K
HRH On Other Exchanges
As of 12:07 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

hillcrest petroleum ltd (HRH) Snapshot

Previous Close
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52 Week High
12/31/14 - C$0.09
52 Week Low
08/20/15 - C$0.02
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Average Volume 10 Days
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hillcrest petroleum ltd (HRH) Details

Hillcrest Resources Ltd. engages in the acquisition, exploration, and development of oil and gas projects in the United States of America. It produces oil and natural gas from onshore fields located onshore in Newton County Texas; and offshore fields in Louisiana in the shallow water portion of the Gulf of Mexico. The company was formerly known as Shanghai Creek Minerals Ltd. and changed its name to Hillcrest Resources Ltd. in May 2007. Hillcrest Resources Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.

hillcrest petroleum ltd (HRH) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: C$90.0K
Compensation as of Fiscal Year 2013.

hillcrest petroleum ltd (HRH) Key Developments

Hillcrest Eyes Acquisitions

Hillcrest Petroleum Ltd. (TSXV:HRH) is looking for acquisition opportunities. In addition to the potential sale of the Hartburg assets, Hillcrest's primary focus in 2015 continues to be on identifying, evaluating and capturing substantial, transformational acquisitions. Several opportunities have been evaluated and a number of bids have been submitted for various asset acquisitions.

Hillcrest Petroleum Ltd. Announces Election of Michael Krzus as Executive Chairman

Hillcrest Petroleum Ltd. announced the election of Michael Krzus as Executive Chairman of the company effective immediately. Mr. Krzus has been a director of the company since January 2014. Donald Currie, who has held the roles of CEO and Chairman since the company's formation in 2008, will remain as company CEO. Prior to joining Hillcrest's Board of Directors, Mr. Krzus was founding CEO and director of Emerald Oil Inc. In this capacity, Mr. Krzus was instrumental in establishing Emerald as a Denver based operating oil and gas company, driving best practice well outcomes in a competitive operating area and growing the company to a market capitalization of approximately $500,000,000 on his retirement from Emerald in December 2013.

Hillcrest Petroleum Seeks Acquisitions

Hillcrest Petroleum Ltd. (TSXV:HRH) is looking for acquisition opportunities. Don Currie, Chief Executive Officer of Hillcrest Petroleum said, "Hillcrest's efforts are now concentrated on leveraging the expertise of its highly skilled and experienced Management and Board of Directors to selectively acquire producing oil and gas assets in North America. Our intention is to fund acquisitions primarily through debt facilities secured with proved reserves and/or partnership arrangements, with minimal or no equity dilution. We are currently engaged in discussions with a number of parties on a number of acquisition opportunities to realize that intention."


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