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United Hunter Oil & Gas Announces Option Grant

Share Capital & Compensation

United Hunter Oil & Gas Announces Option Grant

Toronto, Ontario – October 18, 2011 - United Hunter Oil & Gas Corp. (UHO: TSX- V) (the “Corporation”) has granted 350,000 options to a consultant. The options have an exercise price of $0.15 per common share, will expire and 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.

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

For additional information, please contact:

Dr. Arthur Halleran CEO (403) 667-4941 [email protected]

Scott Koyich, President Brisco Capital Partners (403) 262-9888 [email protected]

or

Graeme Dick, BMgmt Brisco Capital Partners (403) 561-8989 [email protected]

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.