High Grade Gold © Arctic Hunter Energy Inc. (TSX-V: AHU)

High Grade Gold © Arctic Hunter Energy Inc. (TSX-V: AHU)

 

The Company is a Canadian Oil & Gas exploration and Mining resource development Company that is now focused on acquiring production capabilities, obtaining potential future production revenues, discovering and advancing high grade gold, silver and copper deposits and mining concessions situated within a large mining district in Sonora, Mexico. The Company has now acquired a 30% Interest in Rebeico Gold of Sonora, Mexico, which holds the operating rights to the San Javier Mill, which gives the Company the right to receive it share of proceeds from the San Javier Mill which is situated in the Sierra Madre Gold Belt. As a result of the San Javier Mill acquisition, the Company is now strategically positioned, to identify and capture all potential milling and direct-ship mining opportunities situated in the region. The Company identifies, acquires and finances the acquisition, exploration and development of mining and oil and gas assets primarily situated in Western Canada and Mexico. The Company is continually reviewing future mining production and exploration opportunities, through selective property acquisitions and identifying low risk exploration and drilling activities situated in Canada, the United States, Mexico and abroad.

Arctic Hunter Energy Inc. (TSX-V: AHU)
1610 – 675 West Hastings Street, V6B 1N2
Vancouver, BC, CANADA
Phone: 604 681 3131
http://www.arctichunter.com/  

ARCTIC HUNTER GRANTS INCENTIVE STOCK OPTIONS

Vancouver, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (the “Company”) wishes to announce that, subject to regulatory acceptance, it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to an aggregate of 1,275,000 common shares of the Company at a price of $0.05 per share exercisable until January 27, 2018.

 

ABOUT ARCTIC HUNTER

 

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 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

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

 

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.

Tim Coupland acquires 750,000 shares of Arctic Hunter

VANCOUVER, BRITISH COLUMBIA – Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the “Company”) – Tim Coupland, a director and officer of the Company, has acquired an additional 750,000 common shares of the Company. The 750,000 common shares acquired represent approximately 3.13% of the issued and outstanding shares of the Company on a non-diluted basis. The shares were acquired through the facilities of the TSX Venture Exchange at prices ranging from $0.025 to $0.05 per common share.

 

As a result of the foregoing acquisition, Mr. Coupland has direct and indirect control and direction over 4,950,500 common shares of the Company, representing approximately 20.67% of the issued and outstanding shares of the Company on a non-diluted basis, and securities (options and warrants) convertible into 3,200,000 common shares of the Company, representing approximately 11.79% of the issued and outstanding shares of the Company on a partially diluted basis. Mr. Coupland has direct and indirect control and direction over an aggregate of 8,150,500 securities of the Issuer (common shares and convertible securities) representing approximately 30.03% of the issued and outstanding shares of the Company on a partially diluted basis.

 

The common shares acquired will be held for investment purposes. In connection with the investment by Mr. Coupland in the common shares, Mr. Coupland may engage in communications with members of management and the Board of Directors of Arctic Hunter, other current or prospective shareholders, industry analysts, existing or potential strategic partners or competitors, investment and financing professionals, sources of credit and other investors with respect to Arctic Hunter. Mr. Coupland intends to review his investment in Arctic Hunter on a continuing basis. Depending on various factors including without limitation, the Company’s financial position, price levels of the common shares, conditions in the financial and securities markets, and general overall economic conditions, Mr. Coupland may in the future take such actions with respect to investment in Arctic Hunter as he deems appropriate including without limitation, making proposals to Arctic Hunter concerning ownership, structure of Company operations at Arctic Hunter, acquiring additional common shares, and/or selling or otherwise disposing of some or all of his common shares. In addition, Mr. Coupland may formulate other purposes, plans or proposals regarding Arctic Hunter or any of its securities to the extent deemed advisable in light of general investment trading policies, market conditions, increase or decrease in his beneficial ownership of the Company’s securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.

This press release is issued pursuant to National Instrument 62-104, which also requires a report to be filed with the B.C. Securities Commission, the Alberta Securities Commission and the Ontario Securities Commission containing additional information with respect to the foregoing matters.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Tim Coupland, President and CEO

Arctic Hunter Energy Inc.

Tel: (604) 681-3131

astar@telus.net

ARCTIC HUNTER PROVIDES UPDATE ON HEAVY OIL OPERATIONS & POTENTIAL OPPORTUNITIES

____________________________________________________________________________________

September 23, 2014 – VANCOUVER, BC – Arctic Hunter Energy Inc. (TSXV: AHU) (“Arctic Hunter”) or the “Company”) is pleased to provide the following update on the Company and its corporate activity during the past summer months. The Company was successful in drilling its new heavy oil well near Lloydminster, Alberta. The well was drilled on time and on budget. The well was drilled in August and the newly completed well can be viewed on the Company’s website. The well was successfully drilled and encountered oil in all zones of interest which included the General Petroleum, Sparky and McLaren formations. The well is currently producing from the Sparky formation and has been producing at an average rate of 50bbls/d (15bbls net) to the Company since being placed on production. The Company now has two wells on production increasing daily production revenues. In addition, the Company has taken additional steps to conserve cash by downsizing and moving its office facilities in Vancouver to be more cost effective and reducing overhead while new opportunities are being explored.

The management of the Company continues to review multiple potential large scale oil & gas drilling and exploration opportunities both domestically and in Central & South America, with a view to expand and complement its existing domestic heavy oil and gas production in Lloydminster, Alberta & Saskatchewan. The Company is encouraged by quality and size of the oil & gas exploration projects, but is being very thorough, discerning and highly selective in assessing any potential revenue producing resource, exploration and drilling opportunities. The Company continues to review and maintain its high standard of due diligence with regard to any new additional management and potential exploration datasets being presented to the Company. Updates will be provided as any additional details are finalized.

ABOUT ARCTIC HUNTER ENERGY

The Company is a Canadian heavy 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 that is focusing on growing its production base and maximizing future production through its exploration drilling activities, production acquisitions and strategic asset acquisition both domestically in the greater Lloydminster area of Alberta & Saskatchewan and in the international arena. The Company is continually reviewing future production and exploration opportunities through selective property acquisitions and identifying low risk exploration drilling activities.

The Company has experienced qualified management, and 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 both domestically and internationally.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO

Arctic Hunter Energy Inc.

Tel: (604) 681-3131

astar@telus.net

ARCTIC HUNTER PLACES ITS NEWLY DRILLED HEAVY OIL WELL ON PRODUCTION NEAR LLOYDMINSTER, ALBERTA

VANCOUVER, BC – Arctic Hunter Energy Inc. (TSXV: AHU) (“Arctic Hunter”) or the “Company”) is pleased to announce that it has successfully placed on production its recently drilled and completed heavy oil well, situated near Lloydminster, Alberta. Since being placed on production, the well has produced at an average rate of 50 bbls/d (15 bbls net) to the Company. The Company successfully drilled and encountered oil in all zones of interest which included the General Petroleum, Sparky and McLaren formations. Arctic Hunter agreed to participate with Petrocapita (Farmor) in drilling the one (1) test well by July 2014. Under the agreement, Arctic Hunter (Farmee) paid 50% of Petrocapita’s share of the cost to drill, complete and fully equip or abandon the test well to earn a 30% net interest. The farmout test well, which was surveyed and licensed, is a vertical well. Petrocapita is the operator of the newly drilled test well.
The farmout test well is located near Lloydminster, Alberta. Drilling completion and equipping costs are expected to average $500,000 for the well ($250,000 net to Arctic Hunter). The Company successfully targeted three zones, the McLaren, Sparky and General Petroleum formation zones.
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 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
astar@telus.net

ARCTIC HUNTER SUCCESSFULLY DRILLS ITS LLOYDMINSTER, ALBERTA HEAVY OIL PROPERTY

VANCOUVER, BC – Arctic Hunter Energy Inc. (TSXV: AHU) (“Arctic Hunter”) or the “Company”) announces it has successfully drilled the Company’s heavy oil property situated near Lloydminster, Alberta. The Company successfully drilled and encountered oil in all zones of interest which included the General Petroleum, Sparky and McLaren formations. The well is expected to be placed on production shortly subject to equipment being mobilized due to unseasonably wet weather conditions. The newly drilled well is located at D-11-051-01-W4 and once completed and stabilized, production rates are expected be comparable to that of surrounding heavy oil wells in the region. Once the well has been completed and placed on production the Company will release the production rate of the newly drilled well.
Arctic Hunter agreed to participate with Petrocapita (Farmor) in drilling the one (1) test well by July 2014. Under the agreement, Arctic Hunter (Farmee) must pay 50% of Petrocapita’s share of the cost to drill, complete and fully equip or abandon the test well to earn a 30% net interest. The farmout test well, which has been surveyed and licensed, will be a vertical well. Petrocapita will be the operator of the new test well.
The farmout test well is located near Lloydminster, Alberta. Drilling completion and equipping costs are expected to average $500,000 for the well ($250,000 net to Arctic Hunter). The Company will be targeting the McLaren, Sparky and General Petroleum formation zones.
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 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
astar@telus.net

TRINIDAD DRILLING LTD. APPOINTED TO DRILL HEAVY OIL WELL IN LLOYDMINSTER, ALBERTA

TRINIDAD DRILLING LTD. APPOINTED TO DRILL HEAVY OIL WELL IN LLOYDMINSTER, ALBERTA
Release Date: June 25, 2014.

VANCOUVER, BC – Arctic Hunter Energy Inc. (TSXV: AHU) (“Arctic Hunter”) or the “Company”) announces that Trinidad Drilling Ltd, of Calgary, Alberta, has been appointed to drill the one (1) test well by early July. The Company has secured Trinidad drill Rig #63 to perform the drilling of the new well. Under the amended well option agreement (May 29, 2014), Arctic Hunter has agreed to participate with Petrocapita (Farmor) in drilling the one (1) test well by July 2014. Under the agreement, Arctic Hunter (Farmee) must pay 50% of Petrocapita’s share of the cost to drill, complete and fully equip or abandon the test well to earn a 30% net interest. The farmout test well which has been licensed, will be a vertical well and it is expected to be spudded within in the next 10 days. Pending the success of the first heavy oil well, the Company may seek to participate in an additional heavy oil drilling programs with Petrocapita in the greater Lloydminster region of Alberta & Saskatchewan in 2014. Petrocapita will be the operator of the new test well.
The farmout test well is located near Lloydminster, Alberta. Drilling completion and equipping costs are expected to average $500,000 for the well ($250,000 net to Arctic Hunter). The Company will be targeting the McLaren, Sparky and General Petroleum formation zones and the well is expected to be spud in early July 2014 subject to dry weather.
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 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

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

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.

ARCTIC HUNTER AMMENDS AGREEMENT WITH PETROCAPITA OIL & GAS LP TO DRILL FIRST HEAVY OIL WELL IN LLOYDMINSTER, ALBERTA

ARCTIC HUNTER AMMENDS AGREEMENT WITH PETROCAPITA OIL & GAS LP TO DRILL FIRST HEAVY OIL WELL IN LLOYDMINSTER, ALBERTA
Release Date: May 29, 2014.

VANCOUVER, BC – Arctic Hunter Energy Inc. (TSXV: AHU) (“Arctic Hunter”) or the “Company”) announces that it has ammended it’s agreement with Petrocapita Oil & Gas LP, of Calgary, Alberta, (“Petrocapita”). Under the first well option agreement, Arctic Hunter has agreed to participate with Petrocapita (Farmor) in drilling one test well by July 1, 2014 subject to rig availability and surface access. Under the agreement, Arctic Hunter (Farmee) must pay 50% of Petrocapita’s share of the cost to drill, complete and fully equip or abandon the test wells to earn a 30% net interest. Petrocapita will be the operator of the test well. Pending the successful drilling of the first well, the Company may seek to participate in additional heavy oil drilling opportunities and programs with Petrocapita in the greater Lloydminster region of Alberta & Saskatchewan in 2014.
The farmout test well which has been licensed, will be a vertical well and is slated for drilling on a location, situated near Lloydminster, Alberta. Drilling completion and equipping costs are expected to average $500,000 for the well ($250,000 net to Arctic Hunter). The Company will be targeting the McLaren, Sparky and General Petroleum formation zones and the well is expected to be spud before July 1, 2014.
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 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

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

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.

ARCTIC HUNTER COMPLETES SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

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ARCTIC HUNTER COMPLETES SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT 

Release Date: April 9th, 2014:

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (the “Company”) is pleased to announce that it has completed the second and final tranche of its previously announced non-brokered private placement. The Company will issue a further 1,760,000 units of the Company at a price of $0.05 per unit for gross proceeds of $88,000. The Company has raised an aggregate of $448,000 pursuant to both tranches of the private placement and issued a total of 8,960,000 units.

Each unit is comprised of one common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price of $0.10 per share for a period of two years from the date of issuance.

In connection with the second tranche, a total of $5,040 and 100,800 warrants (“Finder’s Warrants”) were paid as  finders’ fees to arm’s length parties. The Finder’s Warrants are exercisable to acquire common shares of the Company at an exercise price of $0.10 per common share for a period of two years from the date of issuance.

All securities issued in this tranche of the financing are subject to hold periods expiring on August 10, 2014. Net proceeds from the offering will be used in connection with the Company’s exploration, development and drilling activities in the greater Lloydminster area of west-central Alberta & Saskatchewan.

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.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
astar@telus.com

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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ARCTIC HUNTER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

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ARCTIC HUNTER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Release Date: February 27, 2014

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the “Company”) announces that it has reserved up to 8,000,000 common shares in the capital of the Company in connection with a non-brokered private placement of Units of the Company, to be issued at a subscription price of $0.05 per Unit, for total gross proceeds of up to $400,000. Each Unit will consist of one (1) common share and one (1) common share purchase warrant, each warrant exercisable at a price of $0.10 per share for a period of two (2) years from the date of issuance. The private placement is subject to approval from the TSX Venture Exchange and all of the securities issued pursuant to the private placement will be subject to a four month hold period from the date of issue in accordance with applicable securities laws.

The Company has agreed to pay a finders’ fee to arm’s length parties for services in respect of the Unit Offering. The finder’s fee will consist of a cash fee equal to 8% of the gross proceeds of the Unit Offering and finders’ warrants entitling the finders to purchase that number of common shares which is equal to 8% of the number of Units purchased by subscribers referred to the Company by such finders. The finder’s warrants will be exercisable for a period of two years at a price of $0.10 per share.

The Company proposes to use the net proceeds from the Unit Offering in connection with its exploration, development and drilling activities in the greater Lloydminster area of west-central Alberta & Saskatchewan. The Closing of the Unit Offering is expected to occur in late February 2014.
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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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