Relentless Resources Ltd.

March 21, 2011 12:40 ET

Relentless Resources Announces Rig Release of First Horizontal Well in Southwest Saskatchewan Viking Light Oil Regional Resource Play

CALGARY, ALBERTA--(Marketwire - March 21, 2011) - Relentless Resources Ltd. ("Relentless" or "the Company") is pleased to announce the successful drilling of the 100% working interest Relentless Loverna HZ 3C12-5-2C10-6-31-28 W3M well, its first horizontal well on its recently acquired interests in southwest Saskatchewan. The well was drilled and production casing set to a measured depth of 1,395 meters after drilling a 582 meter horizontal section of Viking reservoir. The horizontal section of Viking reservoir in the well will be completed using multi-stage fracturing after spring break-up.

Relentless acquired a 100-per-cent working interest in the Viking petroleum and natural gas rights on 518 ha (1,280 acres) of contiguous lands in this area in November 2010.

About Relentless Resources Ltd.

Relentless is a Calgary based emerging oil and natural gas company, engaged in the exploration, development, acquisition and production of natural gas and light gravity crude oil reserves in Alberta and Saskatchewan. Relentless' common shares trade on the TSX Venture Exchange under the symbol RRL.

Relentless' primary corporate objective is to achieve non-dilutive growth and enhance shareholder value through internal prospect development, strategic production acquisitions and prudent financial management.

Reader Advisory

This news release includes management's assessment of future plans and operations, wells to be drilled, timing of drilling of wells and planned capital expenditures, which may constitute forward-looking statements under applicable securities laws and necessarily involve risks including, without limitation, risks associated with oil and gas development, production, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, and the inability to fund required capital expenditures. Actual future results may differ materially from those assumed or described in such forward-looking statements as a result of the impact of issues, risks and uncertainties whether described herein or not, which Relentless may not be able to control. The reader is therefore cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and Relentless undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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