Huntington Exploration Inc. Announces Grant of Stock Options

C. Alan Smith, Chief Executive Officer of Huntington Exploration Inc.("HEI" or
the "Company") (TSX VENTURE:HEI) announced today that that, subject to
shareholder and regulatory approval, including approval of the TSX Venture
Exchange, the board of directors have approved a 10% rolling incentive Stock
Option Plan. In addition, subject to regulatory approval and shareholder
approval of the Stock Option Plan, it has granted a total of 7,800,000 options
to purchase common shares of HEI to the directors and consultants of HEI, in
accordance with the Corporation's new Stock Option Plan. These options expire
five years from the date of grant, have an exercise price of $0.09 and vest, as
to 50%, on each of the one year and two year anniversaries of the date of grant
(such that the options are fully vested two years from the date of grant). As
these options have been granted prior to shareholder and regulatory approval of
the Stock Option Plan, including approval of the TSX Venture Exchange, the
options will not be exercisable until such approval has been obtained. 


HEI has determined that exemptions from the various requirements of the TSX
Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for
the issuance of the options to the directors of the Corporation (Formal
Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair
Market Value Not More Than 25% of Market Capitalization).


HEI is an exploration-focused company actively pursuing opportunities in the
petroleum and natural gas business in Western Canada sedimentary basin.


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.

Huntington Exploration (TSXV:HEI)
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