United Hunter Oil & Gas Corp. announces reorganization

Source: United Hunter Oil & Gas Corp.

United Hunter Oil & Gas Corp. (TSX Venture: UHO) (the "Corporation") is pleased to announce that as of January 1, 2012 the Corporation has completed an internal corporate reorganization whereby the Corporation completed a short form statutory amalgamation (the "Reorganization") with its wholly-owned subsidiary United Hydrocarbon Corporation ("UHC").

The purpose of the Reorganization was to simplify the Corporation's corporate structure by eliminating UHC as a wholly-owned subsidiary of the Corporation. UHC became a wholly-owned subsidiary pursuant to a reverse take-over transaction (the "Transaction") between the Corporation and UHC on or about April 23, 2010. The Transaction was completed by way of an amalgamation of UHC with 2240853 Ontario Inc., a then wholly-owned subsidiary of the Corporation which constituted the Corporation's qualifying transaction pursuant to the policies of the TSX Venture Exchange.

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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