Relentless Resources Ltd. ("Relentless" or "the Company") (TSX VENTURE:RRL)
announces it has entered into a non-binding letter agreement to acquire a 100%
working interest in petroleum & natural gas rights ("P&NG rights") on 1,295 ha
(3,200 acres) of contiguous lands in southwest Saskatchewan from a private arm's
length oil & gas company for a purchase price of $550,000, $50,000 of which is
payable through the issuance of 500,000 common shares of Relentless at a deemed
price of $0.10 per share. 


The interests proposed to be acquired include 518 ha (1,280 acres) of P&NG
rights from the Surface to the top of the Precambrian as well as 777 ha (1,920
acres) of various deeper P&NG rights. The two sections of land with all P&NG
rights (Viking rights) are prospective for the southwest Saskatchewan regional
light oil resource Viking zone play which utilizes horizontal drilling and
multi-stage fracturing technology. The lands directly offset an existing Viking
light oil pool. 


Closing of the purchase of the P&NG rights is subject to the parties negotiating
a formal purchase and sale agreement on or before November 19, 2010. Such
agreement will contain standard industry terms and conditions, including the
conditions that the transaction be subject to board and regulatory approval,
including that of the TSX Venture Exchange. 


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's
common shares trade on the TSX Venture Exchange under the symbol RRL. 


Relentless's 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 contains certain forward-looking information and statements
with the meaning of applicable securities laws. The use of any of the words
"expect", "anticipate", "continue", "estimate", "objective", "confident",
"might", "proposed" and similar expressions are intended to identify
forward-looking information or statements. In particular, but without limiting
the foregoing, this news release contains forward-looking information and
statements pertaining to the completion of the acquisition of petroleum and
natural gas interests and other expectations, beliefs, plans, goals, objectives,
assumptions, information and statements about possible future events,
conditions, results or performance. Various assumptions were used in drawing the
conclusions or making the projections contained in the forward-looking
statements throughout this news release. Readers are cautioned that the
assumptions used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements. Relentless's
actual results, performance or achievement could differ materially from those
expressed in, or implied by, these forward-looking statements and, accordingly,
no assurance can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so what
benefits Relentless will derive there from. Relentless disclaims any intention
or obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
securities laws.
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