2009-08-19-2007-02-01

WI

Claron Ventures Inc., Las Vegas, (OTCBB: CVTR) plans to acquire PetroHunter Energy NT Ltd. from parent PetroHunter Energy Corp., Denver, (OTCBB: PHUN) for an undisclosed amount of preferred and common stock and a financing warrant. Claron would change its name to Outback Energy Corp. and effect a recapitalization. PetroHunter has assets onshore Australia's Northern Territory, including an undivided 50% working interest in Exploration Permit 98, and will acquire PetroHunter remaining Northern Territory assets, including an undivided 50% working interest in permits 76, 99 and 117.