Mr. Timothy Turner reports

UNITED HUNTER OIL AND GAS CORP. ANNOUNCES OPERATIONAL UPDATE ON ITS JOINT VENTURE WITH EXCELARON LLC

The management of United Hunter Oil & Gas Corp.'s joint venture partner, Excelaron LLC, has elected to dissolve the company and will be submitting a certificate of cancellation to the California Secretary of State's office to finalize this decision. After several failed attempts to secure approval from the San Luis Obispo County Board of Supervisors for a minor use permit to drill a test well, it has been decided to allow the remaining oil, gas and other mineral leases to expire on their own terms.

Excelaron also held title to undivided mineral interests in select properties in the Huasna Valley, San Luis Obispo county, California, and has recently conveyed a proportional 65-per-cent interest to the corporation for $10 (U.S.) and other good and valuable consideration, and 35 per cent to Sacgasco LLC for its interests in each of these mineral assets. These conveyance documents for the corporation were recorded in the San Luis County Clerk's office on Aug. 22, 2016, and received by the corporation on Sept. 23, 2016.

The combined dissolution of Excelaron and the previously dissolved Alamo Creek LLC will conclude the corporation's efforts in California at this time but will not impede the corporation from continuing with its review of other prospects both domestically and internationally.

We seek Safe Harbor.