By ahadmin September 28, 2008

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ARCTIC HUNTER INCREASES NON-BROKERED PRIVATE PLACEMENT

Release Date: September 28, 2008

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the “Company”) announces that it has increased the previously announced non-brokered private placement of up to 1,750,000 units, to up to 3,000,000 units (“Units”) of the Company at a subscription price of $0.20 per unit, for a total gross proceeds of (CDN) $600,000. Each unit will consist of one (1) common share of the Company and one share purchase warrant. Each warrant will entitle the holder to purchase one additional Common share at an exercise price of $0.25 per share for a period of three years from closing.

In connection with the private placement, the Company will pay a commission in the amount of 10% of the total funds raised.

The proceeds from the offering will be used for general working capital purposes. The units will be subject to resale restrictions.
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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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