Huntington Exploration Inc. Announces Asset Acquisition

The Board of Directors of Huntington Exploration Inc. ("HEI" or the "Company")
(TSX VENTURE:HEI) is pleased to announce that effective March 1, 2012, HEI has
acquired all of the mineral rights and related assets of an arm's length private
company operating in central Alberta, subject to final approval of the TSX
Venture Exchange. The assets include (60 BOE/d) of net production and a
portfolio of numerous prospects with working interests ranging from 37.5% to
100% on net acreage of approximately 36 sections. Under the terms of the
purchase agreement, HEI paid the vendor the purchase price of $1,750,000 in
cash, and in that regard has arranged short term debt financing of $1,000,000,
payable at 8% interest.


Hydrocarbon potential is oil-weighted for the subject lands, although natural
gas is also a significant secondary target. This acquisition will provide
Huntington with access to numerous drill-ready oil prospects, encouraging an
aggressive operational program. Capital costs associated with developing these
shallow petroleum-bearing reservoirs are low, well-suited to Huntington's
business model. 


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


Barrels of oil equivalent (BOE) may be misleading, particularly if used in
isolation. A BOE conversion ratio of six thousand cubic feet (Mcf) of natural
gas to one barrel (bbl) of oil is based on an energy conversion method primarily
applicable at the burner tip and is not intended to represent a value
equivalency at the wellhead. 


Forward Looking Statements:

This press release contains certain statements which constitute forward-looking
statements or information ("forward-looking statements"), including statements
regarding Huntington's business, such as anticipated exploration activities,
which by their nature are forward-looking statements and which are subject to
numerous risks and uncertainties, some of which are beyond Huntington's control,
including the impact of general economic conditions, industry conditions,
volatility of commodity prices, currency fluctuations, imprecision of reserve
estimates, environmental risks, operational risks in exploration and
development, competition from other industry participants, the lack of
availability of qualified personnel or management, stock market volatility and
the ability to access sufficient capital from internal and external sources.
Although Huntington believes that the expectations in our forward-looking
statements are reasonable, our forward-looking statements have been based on
factors and assumptions concerning future events which may prove to be
inaccurate. Those factors and assumptions are based upon currently available
information. Such statements are subject to known and unknown risks,
uncertainties and other factors that could influence actual results or events
and cause actual results or events to differ materially from those stated,
anticipated or implied in the forward looking information. As such, readers are
cautioned not to place undue reliance on the forward looking information, as no
assurance can be provided as to future results, levels of activity or
achievements. The forward-looking statements contained in this document are made
as of the date of this document and, except as required by applicable law,
Huntington does not undertake any obligation to publicly update or to revise any
of the included forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this cautionary statement.