RPL Renegade Petroleum Ltd.

Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is
pleased to announce that Renegade has:




a.  further strengthened its board of directors through the addition of
    three new experienced, skilled and independent directors: Messrs. Donald
    Copeland, Joseph Durante and Peter Burnham; 
b.  engaged one of the energy sector's premier executive search firms to
    assist and enhance the Renegade board's efforts to identify a new Chief
    Executive Officer; and 
c.  retained Kingsdale Shareholder Services Inc. to assist the Renegade
    board in discharging its duties in the face of the recently announced
    shareholder meeting requisition. 



Strengthened Board

Since the commencement of the strategic review, the Renegade board has
recognized that management and board changes were necessary; however, the
Renegade board has been keenly aware that the timing of such changes was
crucial. 


Recently, each of Mr. Alex Wylie, former Vice President, Finance and CFO, Mr.
Michael Erickson, former President, CEO and a director have departed from the
Company. In addition, Mr. Thomas Budd has replaced Mr. D.M. (Bud) McDonald as
Chairman of the Board. 


With the departures of Messrs. Erickson and McDonald, it is now possible to make
immediate further enhancements to the Renegade board. Effective today, each of
Messrs. Donald Copeland, Joseph Durante and Peter Burnham has joined the
Renegade board. Renegade believes that the addition of these independent
directors will significantly strengthen the Renegade board through the combined
skill sets, education and experiences of these three highly qualified
individuals. The following is a brief biography of each of these new directors.


Donald Copeland

Mr. Copeland, an engineer and independent businessman with extensive experience
in the oil and gas industry, currently sits on the board of directors of Western
Energy Services Corp. and Crocotta Energy Inc. He serves on the Corporate
Governance and Compensation Committee and Chairs the Health, Safety and
Environment Committee for Western Energy Services Corp. Mr. Copeland also serves
as Chairman of Toscana Energy Income Corporation, a public corporation that
acquires oil and natural gas properties for yield and capital appreciation
purposes that currently has approx. 2,700 boe/d of production. Mr. Copeland was
previously the Chairman of Stoneham Drilling Trust and he has founded and served
as the CEO and Chairman of a number of oil and gas corporations, both in the
producing sector and oil field services sector of the industry. He has also
served on the boards of numerous oil and gas industry corporations. Mr. Copeland
received a BSc. in Chemical Engineering from the University of Calgary. He is
also a graduate of the Director's Education Program sponsored by the Institute
of Corporate Directors.


Joseph Durante

Mr. Durante has over 25 years of experience in Canada's oil and gas industry.
Based in Calgary, Alberta, since 2003, Mr. Durante has been the Managing
Director and CEO of Sprott Toscana, an organization of financial and technical
experts focusing on providing financial and energy related yield vehicles to
investors. Sprott Toscana provides management services to its two investment
vehicles, Toscana Financial Income Trust and Toscana Energy Income Corporation.
Mr. Durante also serves as CEO and a Director of Toscana Energy Income
Corporation. Mr. Durante was also a co-founder and Chairman of Fairmont Energy
Inc., a public junior exploration and production company acquired by Delphi
Energy Inc., from August 2005 to October 2009, and a co-Founder and Chairman of
Ranchgate Energy Inc., which was a publicly listed junior exploration and
production company from June 2002 to August 2005 that grew its production base
to approximately 1,200 boe/d and was subsequently acquired by Clear Energy. In
addition, he was a co-founder and CEO of Ranchero Energy Inc., a TSX company
that grew its production base to approximately 1,400 boe/d through the drill bit
and was acquired by Primewest Energy Trust. Mr. Durante was also Managing
Director of Norrep Resource Management Ltd., a private consulting firm that
provided technical services to the Norrep Group of Funds from May 2001 to April
of 2002, where he provided advisory services to the Norrep joint venture and
flow-through funds. Mr. Durante received a Bachelor of Commerce in finance from
the University of Calgary in 1981.


Peter Burnham

Mr. Burnham is a geologist and independent businessman with extensive executive
experience in both private and public oil and natural gas companies. Mr. Burnham
has a strong knowledge of the Western Canadian Sedimentary Basin and in
particular, southeast Saskatchewan, one of Renegade's core areas. Mr. Burnham's
34 years of experience encompasses various executive roles including that of
Vice President, Exploration of Tri Link Resources Ltd. (1981-2000). Since the
sale of Tri Link in 2000, Mr. Burnham has managed and directed a number of
privately held companies, including as Co-Founder, President and Director of
Arista Energy Ltd (2004-2008) which was sold to Tri Star in 2008. In addition,
on a consulting basis, Mr. Burnham assists organizations in evaluating
opportunities for investment in start up and junior E&P companies. Among his
clients is the Goal Group, a private equity firm of which Herb Pinder, a
Renegade director, is a principal. Mr. Burnham is a director with Pulse Seismic,
a public company, where he chairs the Environment, Health & Safety Committee and
is a member of both the Corporate Governance and Nominating Committee and the
Compensation Committee. Mr. Burnham also currently serves on the board of two
privately held companies, Epping Energy Inc. and Freemont Resources Ltd. Mr.
Burnham graduated from the University of British Columbia in 1979 and holds a
BSc. in Geological Sciences. He recently completed the ICD Corporate Directors
Program. He is a member of the Association of Professional Engineers, Geologists
and Geophysicists of Alberta (APEGGA).


Executive Search Firm

Immediately upon the departure of Mr. Erickson, the Renegade board took steps to
identify an appropriate CEO for Renegade. One such step was to consider engaging
an executive search firm. After reviewing the options available, Renegade is
pleased to announce that it has engaged one of the energy sector's premier
executive search firms to assist and enhance the Renegade board's efforts to
identify a new CEO. The Renegade board is confident that this engagement will be
a positive step in the search process.


Proxy Solicitation Firm

In response to the requisition of a special meeting of shareholders made by
FrontFour Capital Group, LLC, a U.S.-based hedge fund purporting to hold in
excess of 5% of the outstanding Renegade common shares, Renegade has retained
Kingsdale Shareholder Services Inc. to assist the Renegade board in discharging
its duties in the face of such requisition. Although the shareholders decisively
supported the current members of the Renegade board at a meeting of shareholders
held just over a month ago, with each current director receiving more than 80%
support of the shareholders that voted at the meeting, the Renegade board will
comply with FrontFour's meeting requisition and will call a meeting this week,
well in advance of the required 21 day statutory deadline to do so.


CORPORATE INFORMATION

Renegade is a light oil focused development and production company with assets
located in Saskatchewan, Alberta, Manitoba and North Dakota. Renegade's common
shares trade on the TSX Venture Exchange under the symbol RPL.


FORWARD-LOOKING STATEMENTS

Statements in this document may contain forward-looking statements or
information within the meaning of applicable securities laws. The reader is
cautioned that assumptions used in the preparation of such information may prove
to be incorrect. Events or circumstances may cause actual results to differ
materially from those predicted, as a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the Company. In addition, forward-looking statements or information are based on
a number of factors and assumptions which have been used to develop such
statements and information but which may prove to be incorrect. Although the
Company believes that the expectations reflected in such forward-looking
statements or information are reasonable, undue reliance should not be placed on
forward-looking statements because the Company can give no assurance that such
expectations will prove to be correct. The forward-looking statements contained
in this news release are made as at the date of this news release and the
Company does not undertake any obligation to update publicly or to revise any of
the included forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by applicable securities
laws.


Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Renegade Petroleum Ltd.
Andrew Greenslade
Interim CEO
(403) 930-1102


Renegade Petroleum Ltd.
Mark Lobello
Interim CFO
(403) 355-8921


Kingsdale Communications
(416) 644-4031
contactus@kingsdalecommunications.com

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