By ahadmin January 11, 2011

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ARCTIC HUNTER REPORTS RESERVE AND ECONOMIC EVALUATION ON THE LANDROSE, SASKATCHEWAN OIL PROPERTIES

Release Date: January 12, 2011

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the “Company”) announces that it has received an independent reserve report (the “Report”) prepared in accordance with the Canadian Oil and Gas Evaluation Handbook and requirements detailed in National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities by Chapman Petroleum Engineering Ltd. with an effective date of December 1, 2010, respecting all of the Company’s oil and natural gas properties located in Landrose, Saskatchewan (the “Properties”). The figures in the Report are derived from an assessment of the Company’s interest in its producing C-11, C-12 and C-14 wells. As disclosed in the Company’s prior news releases, the Company holds a 25% interest in both the C-11 well and the C-14 well after payout and a 50% interest in the C-12 well. A copy of the Report has been filed on SEDAR as an attachment to this news release and is available for review on the SEDAR website at www.sedar.com.

The following tables disclose the estimated reserves and related future net revenue attributable to the Properties, as well as the pricing assumptions used to develop these estimates. The estimates of future net revenue disclosed do not represent fair market value. The estimates of oil reserves provided herein are estimates only. Actual oil reserves may be greater or less than the estimates provided herein.
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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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