By ahadmin January 26, 2011

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ARCTIC HUNTER ENTERS INTO FORMAL SPONSORSHIP AGREEMENT WITH PI FINANCIAL CORP. IN CONNECTION WITH ITS PROPOSED TSX VENTURE EXCHANGE LISTING

Release Date: January 26, 2011

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the “Company”) announces that it has entered into a sponsorship agreement with PI Financial Corp.(“PI”), pursuant to which PI has agreed to act as the Company’s sponsor in connection with a proposed listing of the Company’s common shares on the TSX Venture Exchange (the “Exchange”). Pursuant to the sponsorship agreement, PI will conduct standard due diligence on the Company’s business with a view to preparing the necessary sponsorship reports for timely submission to the Exchange in connection with an application for listing on the Exchange. Submission of a sponsorship report will be subject to completion of satisfactory due diligence by PI.

The Company has not yet submitted an application for listing to the Exchange and while management believes that the Company meets the criteria for listing on the Exchange, there is no guarantee that the Company’s securities will be successfully listed on the Exchange. Listing will be subject to submission of necessary documentation and to meeting all applicable Exchange listing requirements.
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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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