Hunter Oil Corp. announced that it has completed the previously announced return of capital distribution of $1.25 (CAD 1.625) per common share. The distribution represents substantially all of the proceeds received by the company from the sale of the company's assets announced August 31, 2018, less outstanding liabilities and a reserve for working capital. In an effort to control costs, the company announced that effective October 31, 2018, the company is closing its Houston office and will consolidate management functions in Vancouver, British Columbia. The company's address is: Hunter Oil Corp., 1040 West Georgia Street, Suite 940, Vancouver, British Columbia, Canada V6E 4H1.

In connection with the sale of the company's assets and the relocation of the company's offices, Al H. Denson, Rick Powers and Mark Strawn, all of whom were based in Texas, have resigned as the company's CEO, CFO and Vice-President, respectively. Andrew Hromyk, the company's Executive Chair, has been appointed as the company's Chief Executive Officer.  The company is seeking a suitable CFO candidate and anticipates having in place an interim CFO, based in Vancouver, in the immediate future.