Hillcrest To Complete Brown #1
07 Março 2014 - 1:29PM
Access Wire
VANCOUVER, B.C. / ACCESSWIRE / March 7, 2014
/ Hillcrest Resources
Ltd. (the "Company" or Hillcrest") (TSX.V :
HRH) is pleased to announce that the Brown #1 well has been
drilled to the planned total depth of 7,504 feet, and the current
operation is to run production casing in the wellbore from surface
to total depth. After running the casing, the well will be
completed as a potential oil and gas production well.
Following a review of the electric
logs obtained from the well, the Company identified a number of
potentially productive pay zones and Hillcrest directed the
contract operator to proceed with completion of the well. The
Company will advise once the completion is done. Hillcrest has a
100% working interest in the Brown #1 well.
The completion process on the
recently drilled Donner #4 well is continuing and is expected to be
complete in the next 3-4 days from this announcement.
Hillcrest will provide updates as
they occur.
For
more information on Hillcrest Resources Ltd, contact Donald Currie
toll free at 1-866-609-0006 or visit the Company's website
at www.hillcrestresources.com
On behalf of the Board of
Directors
Donald Currie
Chairman, Chief Executive Officer and
Director
FORWARD LOOKING STATEMENT HERE
Cautionary Statement Regarding
"Forward-Looking" Information
Some of the statements
contained in this press 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.
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