Redcliffe Exploration Inc.
TSX VENTURE : RXP.A
TSX VENTURE : RXP.B

Redcliffe Exploration Inc.

June 05, 2008 16:52 ET

Redcliffe Announces Commencement of Drilling Program and Management Changes

CALGARY, ALBERTA--(Marketwire - June 5, 2008) -

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Redcliffe Exploration Inc. (TSX VENTURE:RXP.A) (TSX VENTURE:RXP.B) ("Redcliffe" or the "Company") is pleased to announce the commencement of its summer drilling program targeting multi-zone liquid-rich gas and oil in the Company's core areas. Drilling commenced this week on the first of 3-5 gross wells in Pembina and Medicine River, and the Company is currently planning a rig move in Gold Creek in the Peace River Arch and expects to spud its first of 6-8 gross wells this week. Redcliffe intends to drill a total of 11-16 gross wells during the remainder of 2008, with its primary focus in the Peace River Arch area of Alberta.

Redcliffe is also pleased to announce the addition of Mr. Wolfgang Rupf to the Board of Directors, as well as the appointments of Mr. Geoffrey Upitis to the position of Vice President, Exploration and Mr. Kevin MacInnes to the position of Vice President, Engineering and Corporate Development. Mr. Rupf is a significant shareholder in Redcliffe and will facilitate future European financial involvement in the Company. Both Mr. Upitis and Mr. MacInnes have been with the Company since its inception and through their technical expertise have contributed greatly to its recent successes.

Redcliffe also wishes to announce that Mr. Bruce Hall, Vice President, Land, resigned from the Company, effective May 31, 2008. The directors and management wish to express their gratitude to Mr. Hall for his contributions to the Company and we wish him well in his future endeavors.

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Forward-Looking Statements: This news release contains statements about future events that are forward looking in nature and, as a result, are subject to certain risks and uncertainties such as changes in plans or the occurrence of unexpected events. Actual results may differ from the estimates provided by management.

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Contact Information

  • Redcliffe Exploration Inc.
    Daryl H. Connolly
    President & CEO
    (403) 539-8440
    (403) 539-8433 (FAX)
    Email: dconnolly@redcliffe.ca
    or
    Redcliffe Exploration Inc.
    George Gramatke
    Vice President, Finance & CFO
    (403) 539-8442
    (403) 539-8433 (FAX)
    Email: ggramatke@redcliffe.ca