Arctic Hunter Announces Annual Filings Under National Instrument
51-101 Standards of Disclosure for Oil and Gas Activities
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/19/12 -- Arctic
Hunter Energy Inc. (TSX VENTURE:AHU) ("Arctic Hunter" or the
"Company") is pleased to announce that it has filed its Form 51-101F-Statement of Reserves Data and other Oil & Gas Information for its
year ended June 30, 2012. The Company has also filed Form 51-101F2
Report of Independent Qualified Reserves Evaluator and Form 51-101F3-Report of Management and Directors all under National Instrument
51-101. The filings can be accessed electronically on the System for
Electronic Document Analysis and Retrieval (SEDAR) website
ABOUT ARCTIC HUNTER
The Company is Canadian resource exploration and development Company
that identifies, acquires and finances the acquisition, exploration
and development of oil and gas assets in Western Canada and in North
America. The Company is an Alberta based, junior heavy oil producer.
The Company has a stable production base, and is maximizing future
production opportunities through selective property acquisitions and
identifying low risk exploration drilling activities.
The Company maintains a strong balance sheet and has a qualified
management oil & gas team of professionals in field exploration,
drilling and has the necessary manpower to develop its natural
resource and production properties. The Company is committed to
creating long term shareholder value by incurring minimum 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.
Certain information in this Press Release is forward-looking within
the meaning of certain securities legislation, and is subject to
important risks, uncertainties and assumptions. This forward-looking
information includes, among other things, information with respect to
the Company's beliefs, plans, expectations, anticipations, estimates
and intentions, including the licensing, completions and success of
future drilling and development activities, performance of existing
wells, the performance of new wells, general economic conditions,
availability of required equipment and services and prevailing
commodity prices. The words "may", "could", "should", "would",
"suspect", "outlook", "believe", "anticipate", "estimate", "expect",
"intend", "plan", "target" and similar words and expressions are used
to identify forward-looking information. The forward-looking
information in this Press Release describes the Company's
expectations as of the date of this Press Release.
Material factors which could cause actual results or events to differ
materially from such forward-looking information include, among
others, risks arising from general economic conditions and adverse
industry events, risks arising from operations generally, changes in
plans with respect to exploration or development projects or capital
expenditures; the uncertainty of reserve estimates; the uncertainty
of estimates and projections relating to production, costs and
expenses, and health, safety and environmental risks, commodity price
and exchange rate fluctuations; reliance on contractual rights such
as licenses and leases in the conduct of its business, reliance on
third parties, reliance on key personnel, possible failure of the
business model or business plan or the inability to implement the
business model or business plan as planned, competition,
environmental matters, and insurance or lack thereof and the other
factors described under "Risk Factors" in the Company's annual
reports available in Canada at www.sedar.com. Readers are cautioned
that this list of risk factors should not be construed as exhaustive.
The Company cautions that the foregoing list of material factors is
not exhaustive, is subject to change and there can be no assurance
that such assumptions will reflect the actual outcome of such items
or factors. When relying on the Company's forward-looking information
to make decisions, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events. It
has also assumed that the material factors referred to in the
previous paragraph will not cause such forward-looking information to
differ materially from actual results or events. The forward-looking
statements contained in this press release are made as of the date
hereof and the Company undertakes no obligation to update publicly or
revise any forward-looking statements or information, whether as a
result of new information, future events or otherwise, unless so
required by applicable securities laws.
Neither the TSX 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 Energy Inc.
President and CEO
(604) 408-3884 (FAX)
Arctic Hunter Energy Inc.
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