United Hunter Oil & Gas Corp.

United Hunter Oil & Gas Corp.

September 04, 2012 12:37 ET

United Hunter Oil and Gas Corp. Announces Appointment of Mr. Tim Turner as Director

CALGARY, ALBERTA--(Marketwire - Sept. 4, 2012) - United Hunter Oil & Gas Corporation (TSX VENTURE:UHO) ("UHO").

United Hunter Oil & Gas Corp. (the "Corporation"), is pleased to announce that Mr. Tim Turner was appointed, subject to regulatory approval, as director for the Corporation.

Mr. Tim Turner has a BBA in Petroleum Land Management from the University of Texas at Austin and has over 30 years of experience as a landman, title researcher, contract negotiator and business development specialist. Mr. Turner is a member of the Mediation Section of the State Bar of Texas and was a very active Member of the American Association of Professional Landman, having served on the board for several years and ultimately receiving one of the Associations highest public service awards. Mr. Turner has worked for Exxon, USA and Phillips Petroleum Company; where his responsibilities included preparing legislative and regulatory position papers, issuing formal written comments to proposed agency rules, recommending enhancements, and advocating the company's position and testifying before legislative committees and regulatory bodies at the local, state and national levels. Today, Mr. Turner serves as President and CEO of Mogul Energy International, Inc., an exploration and production company based in Houston, Texas.

Additionally, Mr. Turner will be granted 350,000 options. The options have an exercise price of $0.10 per common share, will expire five years from the date of grant and will vest 1/3 per year for 3 years with the first 1/3 vesting on the date of grant. All option grants are subject to regulatory approval.

The Corporation is pleased that Mr. Turner has joined the board of United Hunter. Mr. Turner brings extensive operational experience in United States to United Hunter including exploration and production management skills, land management expertise, familiarity with public agency hearings (federal, state & local), expert testimony; complete property inspections, evaluation, reports and damage claims.

United Hunter Oil & Gas Corp. (www.unitedhunteroil.com) is a Canadian based corporation with management very experienced in the oil and gas industry and has projects in California and Canada. United Hunter Corp is publicly traded on TSX Venture Exchange (TSX VENTURE:UHO). The Corporation's public filings may be found at http://www.sedar.com.

Certain statements contained in this press release constitute "forward-looking statements" as such term is used in applicable Canadian and US securities laws. These statements relate to analyses and other information that are based upon forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, costs and timing of exploration and production development, availability of capital to fund exploration and production development; political, social and other risks inherent in carrying on business in a foreign jurisdiction, the effects of a recessionary economy and such other business risks as discussed herein and other publicly filed disclosure documents. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release.

Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

This news release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. When used herein, words such as "intended" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions by and information available to the Corporation. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Actual results may differ materially from those currently anticipated. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

The TSX.V Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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