Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) is pleased to announce that the name of the Company will change to "Hunter Oil Corp." to better reflect the business of the Company. Effective at the opening of trading on August 16, 2016, the common shares of the Company will trade under the new name and new corresponding TSX Venture Exchange trading symbol, "HOC".

The Company's new CUSIP number is 44570P102 and its ISIN number is CA44579P1027. The Company's website has also been updated to www.hunteroil.com to reflect the name change.

The name change was previously approved by the Board of Directors of the Company and has received all requisite approvals. No action is required to be taken by the Company's shareholders in connection with the name change, and no other change has been made to the Company's share capital.

About Hunter Oil Corp. (formerly Enhanced Oil Resources Inc.)

Hunter Oil Corp. owns and operates two large historic oil fields in New Mexico, the Milnesand and Chavaroo oil fields. Recorded production of these two fields is in excess of 37 million barrels, representing approximately 10% of the oil in place. The Company plans to unlock the value in these resource-rich fields by increasing the efficiency of its operations, and by applying new and proven unconventional production technologies.