GOR Goldrea Resources Corp

United Hunter Oil & Gas Corp. (TSX VENTURE:UHO) ("UHO") has disposed of its
Wabamum interest in the 7-22-05-26W4 well at the Leduc Woodbend area of Alberta
(the "7-22 Well") for a cash payment and a Gross Overriding Royalty ("GOR") of
12%. A confidentiality clause prevents any further disclosure of the terms of
this disposal. The 7-22 Well was a test well for the farm-in agreement between
UHO and MEC Operating Company and the subsequent disposal of the interest in the
well also included the termination of the previously existing Farm-in agreement.


The San Luis Obispo County Planning Commission meeting on the Huasna Final Draft
Environmental Impact Review that was previously scheduled for November 10, 2011
has been rescheduled for late February, 2012. This new date would suggest that
the San Luis Obispo County Board of Supervisors (decision makers on the
potential permit) meeting on Huasna will now probably meet towards the end of
March.


Dr. Halleran, CEO of UHO states, "disposing of the Wabamum interest at Leduc
Woodbend puts capital back into UHO and we hope that the GOR will push UHO
closer to being cash flow positive."


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


Certain statements contained in this press release constitute "forward-looking
statements" as such term is used in applicable Canadian and US 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. 


Any statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or are not statements of historical fact and should be viewed as
"forward-looking statements". Such forward looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Corporation to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such risks and other factors
include, among others, costs and timing of exploration and production
development, availability of capital to fund exploration and production
development; political, social and other risks inherent in carrying on business
in a foreign jurisdiction, the effects of a recessionary economy and such other
business risks as discussed herein and other publicly filed disclosure
documents. Although the Corporation has attempted to identify important factors
that could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other factors that
cause actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate as actual results and future events could vary or differ materially
from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements contained in this news release.


Forward-looking statements are made based on management's beliefs, 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.


This news release contains forward-looking statements based on assumptions,
uncertainties and management's best estimates of future events. When used
herein, words such as "intended" and similar expressions are intended to
identify forward-looking statements. Forward-looking statements are based on
assumptions by and information available to the Corporation. Investors are
cautioned that such forward-looking statements involve risks and uncertainties.
Actual results may differ materially from those currently anticipated. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.

Goldrea Resources (CSE:GOR)
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부터 5월(5) 2024 으로 6월(6) 2024

Goldrea Resources (CSE:GOR)
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부터 6월(6) 2023 으로 6월(6) 2024