Huntington Exploration Inc. (HEI.V)

Stable Production, Low Cost Oil Weighted Portfolio

February 2013

Management Team

• Robert J Verhelst (B.A.) President & Chief Executive Officer Previously 11 years senior management experience (partner,

director, officer, RR) in several Western Canadian based Brokerage firms including 6 years as President and CEO of a US (FINRA)

regulated foreign broker dealer. Three years regional and national management team at CIBC. 5 years combined experience at the Alberta Securities Commission and Vancouver Stock Exchange.

• Elizabeth More (P Geol) Vice President ExplorationPreviously V/P Exploration Angle Energy , V/P Exploration Flagship

Energy, Encal Energy, Altana Exploration, Gulf Canada Resources

• J Timothy Bowes(MBA) Vice President Land & Business Development Previously President North American Oil & Gas , V/P Corp Finance

Yorkton Securities, Manager Land Numac Energy

Board of Directors

• Steve Harding (P Geol)President and CEO of Contact Exploration, previous VP EnCana,

Chief Geoscientist at Husky Oil and Gas

• Michael Binnion (CA)President and CEO of Questerre Energy Corp., previous President of Terranex and President/CEO of Flowing Energy

• Roger McMechan (P Eng)

Chief Operating Officer of Iskander, previous Executive VP and Director at Winstar Resources Ltd and Sr. Manager at PetroCanada

• Hubert Marleau (B Sc Econ)President and Co-founder of Palos Capital Corporation, previous

Executive level of Nesbitt Thomson Inc. and Levesque Beaubien Inc.

Huntington Overview – Oil and Gas Portfolio

• Huntington – a recapitalized Co.

• New Board elected• Mandate to place new oil and gas assets into the Company

• New assets secured March 2012• Poised for growth - oil and gas projects acquired

. Huntington’s asset base:• Legacy assets – light oil W4 AB

• Crown land sales – Deep Basin gas W5 AB

• PrivateCo asset acquisition – gas & heavy oil AB

Economics of all Huntington projects are favourable

Capital Structure

• Current Shares Issued and Outstanding 89,904,987

• Options Outstanding @ $.10 8,600,000

• Shareholders Warrants exercisable @ $.10 59,750,000

• Proforma Fully Diluted share structure 158,254,987

Huntington – Acquisition Highlights• Oil and gas portfolio secured in central Alberta in Q1 2012

• Low entry cost, low risk• 60 boe/d current production, low declines• land base: net 36 sections >95% undeveloped ; year round access• Oil/liquids weighted projects

• Low risk drill inventory - low API gravity oil• drill ready oil prospects with seismic coverage• Recompletions on existing gas wells plus new drills

• 2P Reserves:• Liquids 226.2 MSTB• Gas 2421 MMCF

• 2P NPV @10% $8,332,000 *

*Reliance Engineering Group Ltd Reserve Report completed March 1, 2012

Warwick – base production

Calgary

Edmonton

W5 W4

ALBERTA

Edmonton

Calgary

Huntington’s core focus areas are:

• Atlee/Bindloss (heavy oil) • Wizard Lk (gas)• Pine Creek (liquids rich gas)

Pine Ck W5

Wizard Lk W4

Atlee/Bindloss W4

Huntington’s Core Areas

W. Canada Basin plays – top tier RoR for W4 heavy oil projects (risked half cycle)

Warwick: Mannville Producing Gas Asset

Producing gas well (50% WI)

2D controlled drill location – Viking/SparkyWarwick - Glauc gas

storage

Shallow Multi-zone sand reservoirs

• Production from Mannville stacked sands at 700m depth

• Recompletion potential exists in uphole sands from two WI wells• Colony, Sparky, Viking targets

• Low cost to drill, complete and tie in • 2 sections at 50% WI, non-op

Existing Production Highlights

• One well produces 60 BOE/day• EUR range 0.5 – 1.5 BCF per well• Operating costs ~$5/boe

Vertical Well Forecast*

Capex D&C $500,000IRR 65%NPV 10 $643,000EUR 1240 MMcfIP 750 mcf/day

* $3.25 AECO, CDN $

Atlee property - Ellerslie Oil ProspectLand and 3D seismic coverage

HEI land base

• 9.5 sections at 100% WI and 7.0 sections at 50% WI

• HEI operates 16.5 contiguous gross sections

• > 95% undeveloped land

• Offsetting Crown land available

• Year round drilling

3D seismic coverage

Huntington land – Ellerslie rights

Atlee property - Ellerslie Oil Prospect3D Amplitude map – Ellerslie sand porosity

Ellerslie reservoir• Target reservoir at 1025m depth;

• 3D seismic coverage (24 km2) shot in 2010 has identified several potential drill locations

• Analogue production immediately west

• Vertical IP rates 40 b/d - no frac 11-12 degree API oil

• OOIP 5.3MMBbls/half section; Significant in place oil resource

• Pools have 4 - 8 infill locations;

inventory 15+ locations

proposed initial well locations

channel cut/trap features

Vertical Well Forecast*

Capex D&C $550,000IRR 57%NPV 10 $472,000EUR 54 MboeIP 40 bopd

* $60/bbl flat price, CDN $

Bindloss property - Glauconitic Oil Prospect

Glauconitic sand reservoir

• Reservoir at 800m depth; 3-5m net pay, > 20% porosity

• HEI operates 8.5 gross sections at 100% WI

• Vertical wells define channel trend; low risk drills supported by available 2D seismic

• Analog production in immediate area with IP rates > 40 b/day

no frac, 13 degree API oil

• Ellerslie channel sands secondary target

Huntington land – Glauconite rights

Cum 69,855 Bbls

Cum 38,482 Bbls

Cum 19,477 Bbls

Horizontal Well Forecast* Capex $1,000,000IRR 50%NPV 10 $1,300,000EUR 88,000bblIP 80bbl/d

* $60/bbl flat price, CDN $

Mannville well control shown

proposed re-entry / drill locations

Wizard Lake property – Mannville resource gas prospect

Upper Mannville sand reservoirs

• Regionally extensive, liquids rich gas-charged sands up to 31m gross thickness

• Extensive 3D seismic coverage is available

• Excellent application for horizontal drilling

• HEI operates 3 gross sections at 100% WI

• Ample processing and infrastructure

• 10-12 BCF/section with potential for 4HZ/section

• Additional acreage in area to be acquired in2013;

Room to grow land holdings at low cost

6-32: Mannville production IP 1.7Mmcf/dtarget zone

Upper Mannville channel Net Pay >9% porosity (m)

Horizontal Well Forecast* Capex $1,800,000IRR 73%NPV 10 $1,700,000EUR 340MboeIP 2Mmcf/d

* $3.25 AECO,$CDN, 22 Bbls / 1Mmcf liquids

Pine Creek W5 property – gas prospectsBluesky Resource and High Impact Leduc opportunity

Bluesky production map

* $3.25 AECO, CDN $ 50 Bbls/1Mmcf liquids

Bluesky Reservoir

• Excellent Bluesky opportunity de-risked by offsetting industry HZ wells • IP 4-6 MMCF/day with NGL’s

• Reservoir continuity over Huntington’s land

Leduc Reservoir

• 50 bcf Leduc anomaly identified from industry 3D on 100% WI lands

Horizontal Well Forecast - Bluesky*

Capex $5,000,000IRR 100%NPV 10 $6,829,000EUR 860 MboeIP 4Mmcf/d + NGL

Location of Leduc anomaly on industry 3D seismic

NI 51-01 Reserve Report as at Mar 1 2012

Reserves identified at Atlee, Provost, Warwick and Pine Creek properties

Forward Looking Statements

Disclaimer This presentation contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements"). In particular, this presentation contains forward looking statements pertaining to the following: business plans and strategies; the 2012/13 capital budget; the potential exploration success; expectations regarding the ability to raise capital and to add to reserves through exploration and development; and treatment under governmental regulatory regimes. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will in fact be realized. Actual results will differ, and the difference may be material and adverse to Huntington Exploration and its shareholders. Forward-looking statements are based on Huntington Exploration current beliefs as well as assumptions made by, and information currently available to, Huntington Exploration concerning anticipated financial performance, business prospects, strategies, regulatory developments, future commodity prices, future production levels, the ability to obtain equipment in a timely manner to carry out exploration activities, the ability to market natural gas successfully to customers, the impact of increasing competition, the ability to obtain financing on acceptable terms, and the ability to add production and reserves through exploration activities. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties (both general and specific) and risks that forward looking statements will not be achieved. These factors include, but are not limited to risks associated with oil and gas exploration, financial risks, substantial capital requirements, bank financing, government regulation, environmental, prices, risks may not be insurable and reserves estimates. The forward-looking statements contained in this presentation are made as of the date hereof and Huntington Exploration does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward looking statements contained herein are expressly qualified by this cautionary statement.

Appendix

SE Alberta Cretaceous plays

Huntington W4 properties area

Atlee property - Ellerslie Oil ProspectType log: Ellerslie channel sand

Ellerslie channel sandPerforated, no fracCUM 1,264 Bbls oil

Mid-Mannville channel sandSecondary target zone

GR – Neutron density porosity GR – SP resistivity

Vertical well

• Ellerslie is a seismically identified oil resource

• > 5MM Bbls OOIP – 320 ac (1/2 section)

15% sand porosity cutoff – 6m net pay

GR - Neutron density por. SP - resistivity

Glauconitic sands Perforated, no fracCUM 43,978 Bbls oil

Atlee property - Ellerslie Oil ProspectType log: Glauconitic sands

15% sand porosity cutoff

Vertical well

• Prolific oil production from vertical wells in immediate area

Atlee property - Economics & Reserves

Vertical Well Forecast*

Capex $550,000

IRR 57%

NPV 10 $472,000

EUR 54 Mboe

IP 40 bopd

* $60/bbl flat price, CDN $

• Significant oil resource in place• Superior economics with heavy oil drilling program

Bindloss property - Glauconitic Oil ProspectType log: Glauconitic sand

Glauconitic sandtarget zone

GR - Neutron density porosity3.5m net pay 15% cutoff

GR – SP resistivity

02/6-12-22-5W4 - Vertical well

• Type well in section 12 – HEI 100% WI

• Cum 38,482 Bbls oil

Bindloss property - Glauconitic Oil ProspectType log: Glauconitic sand

Glauconitic sandtarget zone

GR - sonic GR – SP Elog

• vertical well in section 12: 100% WI

• Cum 19,477 Bbls oil; final rate 8 bopd

• Abd pressure 7900 SITP (Nov 2003) 8700 BH pressure, 13.8 degree API oil

11-12-22-5W4 - Vertical well

15% sand porosity cutoffSonic log

Bindloss property - Economics & Reserves

* $60/bbl flat price, CDN $

• Significant oil resource – ¼ section • Superior economics with heavy oil drilling program

Horizontal Well Forecast* Capex $1,000,000IRR 50%NPV 10 $1,300,000EUR 88,000bblIP 80bbl/d

Wizard Lake property – Mannville production

HEI Wizard Lake 6-32-48-27W4 Mannville gas production - cum gas 0.125 BCF

Wizard Lake property – Mannville productionHEI Wizard Lake 6-32-48-27W4/4 Mannville gas productionIP 1.7 Mmcf/day - cum gas 0.125 BCF

Mid-Mannville channels• 31m gross pay > 6% porosity• Top channel perf’d in 2007:

1348-50m• Excellent HZ drilling

candidate

Glauconite equivalent sand• 11m gross pay > 6% porosity• Excellent HZ drilling candidate

SP-Induction

Lower CH

6% por.

GR – ND por.

Sample description : 9-32 offset well – Mid-Mnvl SSFine-coarse grained sands, oil/condy stained

Upper CH

Glauc equiv

Wizard Lake property - Mannville Economics & Reserves

* $3.25 AECO flat price used

Horizontal Well Forecast*

Capex $1,800,000

IRR 73%

NPV 10 $1,700,000

EUR 340Mboe

IP 2Mmcf/d

• Significant gas resource – ½ section

Original gas-In-Place calculations