Trading Statement

Hunting PLC
13 December 2007


                                       


13 December 2007


                                  Hunting PLC

                            ('Hunting', the 'Group')

                            Pre-Close Trading Update


Hunting's preliminary results for the full year to 31 December 2007 will be
announced on

28 February 2008.


Dennis Proctor, Hunting's Chief Executive, said;


'The Group's current trading is strong with an order book running well into next
year, and despite the US Dollar weakness, we expect year end results to be in
line with market expectations. On a constant currency basis, our pre-tax profits
would be significantly exceeding expectations.


The majority of Hunting's growth this year will be from Hunting Energy. The Well
Completion division will see a material increase in operating profit due to
additional capacity and client rig activity. Well Construction and Exploration &
Production should see very significant improvements over last year.


In Gibson Energy, most divisions are expecting year-on-year increases with the
exception of our Marketing group. Due to the rapid increase in the oil price in
the second half of this year, the Canadian oil market moved into backwardation
which removed incentives for storage and added additional cost factors. Further,
heavy and sour oil differentials have risen in lock step with the West Texas
Intermediate price. We have taken the necessary steps to adjust to this extreme
volatility and are confident the Marketing group will remain a significant
contributor to Gibson's earnings. Truck Transportation is experiencing another
record year due to the increased volumes of crude oil activity. Moose Jaw
Refinery should deliver results similar to those of 2006 following a slow start
in the first half. Canwest Propane continues to benefit from prior acquisitions
and expanded operations.


Oil and gas company capital expenditure is expected to be around 7% above 2006
levels. Early indications suggest an 11% improvement in 2008. Accordingly, we
expect continued growth from our acquisitions, capital expenditure and
additional market share gains from increased capacity in Asia, Europe and the
United States.'


For further information, please contact:

Hunting PLC
Dennis Proctor, Chief Executive                    Tel: [phone]
Dennis Clark, Finance Director                     Tel: [phone]

Hogarth Partnership Limited                        Tel: [phone]
Andrew Jaques
Anthony Arthur


Notes to Editors:


Hunting PLC is an international oil services company providing solutions to the
world's oil and gas companies.




                      This information is provided by RNS
            The company news service from the London Stock Exchange