United Hunter Oil & Gas Corp. Provides Operational Update in Texas
United Hunter Oil & Gas Corp. Provides Operational Update in Texas
VANCOUVER, British Columbia, July 08, 2019 -- United Hunter Oil & Gas Corp. (TSX-V: UHO) and Frankfurt: A118VK) (the
“Corporation” or “UHO”) is pleased to provide an update on the Corporation’s recent activities.
Management of the Corporation has identified and reviewed numerous internationally located oil and gas projects over the past
several months. Most recently, several potential projects have been identified in the Texas Permian Basin area that the
Corporation has focused on heavily and sees significant potential for the Corporation to continue its efforts and move forward
with additional investigative work. One of the promising projects currently has incremental production, the opportunity to rework
several of the wells for additional production and has the upside potential for behind pipe development in the future. While
informal discussions continue, no formal agreements have been negotiated or executed at this time. Management will continue
its due diligence efforts to study and high grade these projects for the best possible results for the Corporation. There can be
no assurance that such discussions or investigations will result in the Corporation entering into any agreements or acquiring
any interests in any property or project. Additional details will be disseminated as they develop.
United Hunter Oil & Gas Corp. (www.unitedhunteroil.com) is a Canadian based corporation with management very experienced
in the oil and gas industry. United Hunter Oil & Gas Corp. is publicly traded on TSX Venture Exchange (TSX-V: UHO) and
Frankfurt Exchange (UHO: A118VK). The Corporation’s public filings may be found at http://www.sedar.com.
Certain statements contained in this press release constitute “forward-looking statements” and forward-looking information
(collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws.
These statements relate to analyses and other information that are based upon forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. In particular, this news release contains forward-looking
statements relating to: (i) UHO’s business activities, strategy and objectives; (ii) future operational and financial performance;
(iii) the potential to add new projects and properties; and (iv) potential transactions that UHO may enter into. The reader is
cautioned that such forward-looking statements may prove to be incorrect.
Forward-looking statements are made based on management’s beliefs, expectations, estimates and opinions on the date the
statements are made and the Corporation undertakes no obligation to update forward-looking statements and if these beliefs,
estimates and opinions or other circumstances should change, except as required by applicable law. Various factors and
assumptions, certain of which are beyond UHO's control, are applied in drawing conclusions or making the forecasts or
projections set out in forward-looking statements. Specific material factors and assumptions include, but are not limited to: (i)
UHO’s future plans for expenditures and development; (ii) business prospects and opportunities; (iii) the ability of UHO to
locate new business opportunities; (iv) the ability of UHO to obtain timely financing on acceptable terms; (v) the timely receipt
of any required regulatory approvals; (vi) dependence on key personnel and the ability of UHO to retain and hire qualified
personnel; (vii) competitive forces within the oil and gas industry; (viii) the general continuance of current industry conditions;
(ix) a stable industry regulatory environment; and (x) future commodity prices.
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some
of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and
uncertainties, both generic and specific, and a number of factors could cause UHO's actual performance and results to differ
materially from any projections of future performance or results expressed or implied by such forward-looking statements.
These risks and uncertainties include, but are not limited to, those contained herein and those contained in UHO’s
management’s discussion and analysis for the year ended December 31, 2018, which is available on SEDAR at
www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional information, please contact:
Timothy Turner
CEO
(713) 858-3329