Xstate partners with Hillcrest for asset acquisitions

XSTATE Resources and Hillcrest Petroleum have inked a new agreement allowing the two companies to enter into a “strategic alliance” with plans to acquire acreage in onshore North America and support future development plans for various assets.

Xstate partners with Hillcrest for asset acquisitions Xstate partners with Hillcrest for asset acquisitions Xstate partners with Hillcrest for asset acquisitions Xstate partners with Hillcrest for asset acquisitions Xstate partners with Hillcrest for asset acquisitions
 
Under the broad agreement Xstate and Hillcrest will offer acquisition opportunities to each other in Canada and US and will work together to develop upstream projects.