Mr. Donald Currie reports

HILLCREST ANNOUNCES COMMENCEMENT OF TRADING ON OTCQB

Hillcrest Petroleum Ltd. has qualified for, and commenced trading on, the OTCQB Venture Market. OTCQB is part of the OTC Markets Group based in the United States.

Hillcrest has been approved for and is now trading on the OTCQB under the symbol HLRTF. U.S. investors can find current financial information and real-time Level 2 quotes for the company on the OTC Markets website.

The OTCQB provides an efficient and transparent trading market for Canadian and other international companies looking to expand their visibility and shareholder base in the United States.

"We are pleased that we have been accepted by OTCQB and that Hillcrest is now quoted in the United States," stated Don Currie, Hillcrest's chief executive officer. "Our company is focused on the acquisition, development and production of oil and gas assets located primarily in the United States of America, and the OTCQB provides Hillcrest with a platform for greater exposure and access to our current and growing American shareholder base. We thank the OTCQB staff and management for their assistance in the company achieving this milestone."

We seek Safe Harbor.