Calgary, Alberta Trading Symbol: TSXV - "AHO.H" The Board of Directors (the "Directors") of Antler Hill Oil & Gas Ltd. (the "Corporation") have

ANTLER HILL OIL & GAS LTD.

Press Release

For Immediate Release October 17, 2013 Calgary, Alberta Trading Symbol: TSXV - "AHO.H"

The Board of Directors (the "Directors") of Antler Hill Oil & Gas Ltd. (the "Corporation") have accepted the resignation of Mr. Charles Chapman as a director, President, Chief Financial Officer and Chief Executive Officer. The Directors thank Mr. Chapman for his dedication and valuable contribution towards the start-up and establishment of the Corporation.

The Directors have appointed Mr. Victor Luhowy as interim President and Chief Executive Officer and Mr. Ken MacRitchie as interim Chief Financial Officer of the Corporation, effectively immediately.

For further information, please contact:

Antler Hill Oil & Gas Ltd.

Telephone: (403) 860-4225 E-Mail: [email protected] Mr. Vic Luhowy, Interim President

Neither the TSX Venture Exchange, Inc. nor its Regulation Service Provider (as that term is defined under the policies of the TSX Venture Exchange) has neither approved nor disapproved of the contents of this press release.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Corporation’s control that may cause actual results or performance to differ materially from those currently anticipated in such statements. Such forward-looking statements include comments regarding the private placement and use of funds.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.