By ahadmin August 08, 2012

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ARCTIC HUNTER ABANDONS WELL INTEREST IN BLACKFOOT, ALBERTA

Release Date: August 8, 2012

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the “Company”) announces that the Company has abandoned its interest in its well drilled on LSD-4 Section 2-50-2 W4M located in east central Alberta. The well was drilled pursuant to a farm-out agreement with Sahara Energy Ltd., Forent Energy Ltd. (as Farmors) and Petrocapita Oil and Gas L.P. (as Farmee together with the Company).
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ABOUT ARCTIC HUNTER ENERGY

The Company is a Canadian Oil & Gas exploration and development Company that acquires and finances the acquisition, exploration and development of oil and gas assets primarily in Western Canada. The Company is a junior heavy oil producer in the greater Lloydminster area of Alberta & Saskatchewan. The Company is constantly reviewing future production and exploration opportunities through selective property acquisitions and identifying low risk exploration drilling activities.

The Company has qualified management and has an Oil & Gas team of professionals seasoned in field exploration and drilling. The Company has the resources and necessary manpower to develop its natural resource and production properties. The Company is committed to minimizing risk through the selective acquisition, exploration and development of petroleum and natural gas resource assets. The Company intends to increase its oil production and reserves through its exploration activities and strategic property acquisitions.
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FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131

astar@telus.com

or

Robert Hall, Director
Arctic Hunter Energy Inc.
Tel: (604) 681-3131

rthall@shaw.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the 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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