Relentless Resources Ltd.
TSX VENTURE : RRL

June 29, 2011 17:04 ET

Relentless Resources Ltd. Announces Filing of 2011 First Quarter Statements and Commencement of Two Month Production Test for the First Horizontal Viking Well in Southwest Saskatchewan

CALGARY, ALBERTA--(Marketwire - June 29, 2011) - Relentless Resources Ltd. (TSX VENTURE:RRL) ("Relentless" or "the Company") announces that it has filed its unaudited interim financial statements for the three month period ended March 31, 2011, the accompanying management's discussion and analysis, such filings available on SEDAR at www.sedar.com.

The 100% working interest Relentless Loverna HZ 3C12-5-2C10-6-31-28 W3M well, the Company's first horizontal well on its recently acquired interests in southwest Saskatchewan, will be placed on production July 1st, 2011 for a two month production test. The completion of this well was previously announced by the Company in a press release dated May 16, 2011. The well is allowed to produce its 26.0 cubic meter of oil per day Economic Allowance for the two month production test.

Relentless acquired a 100 percent 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

Initial Production Rates

Any references in this news release to initial and/or final raw test or production rates and/or "flush" production rates are useful in confirming the presence of hydrocarbons, however, such rates are not determinative of the rates at which such wells will continue production and decline thereafter. Additionally, such rates may also include recovered "load oil" fluids used in well completion stimulation. While encouraging, readers are cautioned not to place reliance on such rates in calculating the aggregate production for the Company.

Forward Looking Statements

This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "believe", "plans", "intends", "confident", "may", "objective", "ongoing", "will", "should", "project", and similar expressions are intended to identify forward-looking information. More particularly, this document contains forward looking statements which include, but are not limited to, expected production and the future operations of Relentless, that 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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