Arctic Hunter Energy Abandons Interest in Alberta Well

Arctic Hunter Energy Inc. has abandoned its interest in its well drilled on LSD-4 Section 2-50-2 W4M located in east central Alberta. The well was drilled pursuant to a farm-out agreement with Sahara Energy Ltd., Forent Energy Ltd. (as Farmors) and Petrocapita Oil and Gas L.P. (as Farmee together with the Company).