Red Hill Energy Inc.
TSX VENTURE : RH

Red Hill Energy Inc.

December 24, 2007 09:00 ET

Red Hill Energy Extends Investor Relations Agreements

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 24, 2007) - Red Hill Energy (TSX VENTURE:RH) is pleased to announce that it has extended the investor relations services of both Mau Capital Management ("Mau") of Vancouver, BC and Richmond Club Corp. of Toronto, Ontario to continue to provide investor relations service assistance to the Company. The terms for both contracts are for periods of 12 months each.

Red Hill Energy also announces that it has granted 50,000 options to Mau Capital Management for a three year term to purchase common shares of the Company at $0.95 per share, subject to regulatory approval.

Mr. John Lee, the principal of Mau, is an analyst at FreeMarketNews.com, a frequent speaker at resource conferences, and a publisher of articles for several internet news websites such as Kitco.com.

The Richmond Club is a Toronto media firm that showcases high growth companies to its membership through its website and at investor luncheon meetings. These presentations generate exposure to fund managers, stockbrokers and analysts.

ABOUT RED HILL ENERGY

Red Hill Energy Inc. is developing over 1 billion tonnes of 100% owned, high quality thermal coal from two historic Mongolian coal basins. Red Hill also has several uranium properties and several gold and copper exploration projects located throughout Mongolia. Red Hill has a strategic alliance with Mega Uranium Ltd. to jointly develop its uranium assets and has a full time office in Mongolia's capital, Ulaanbaatar.

RED HILL ENERGY INC.

G. Arnold Armstrong - Chairman and CEO

Ranjeet Sundher - President

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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