Relentless Resources Ltd. (TSX VENTURE:RRL) ("Relentless" or "the Company")
announces that it has filed its audited annual financial statements for the year
ended December 31, 2011, the accompanying management's discussion and analysis,
and the reports relating to reserves data and other oil and gas information, for
the year ended December 31, 2011 (Forms 51-101F1, F2 and F3), as mandated by
National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities
("NI 51-101"). All these filings are available on SEDAR under the profile of
Relentless at www.sedar.com.


Relentless also announces that the Relentless Loverna HZ 4C15-6-2C13-6-31-28 W3M
well, the second horizontal well drilled on Relentless lands, is now on
production. The first horizontal well, which was drilled and completed in the
first and second quarters of 2011, is currently producing approximately 30
barrels of oil per day. Total Company production is approximately 45 to 50
barrels of oil and NGL's per day and 200 thousand cubic feet per day of natural
gas, representing, in aggregate, approximately 78 to 83 boes per day. 


Although disappointed by the second wells' results, Relentless is very
encouraged by the overall results of the Loverna Viking property. Relentless has
three additional licensed horizontal drilling locations and a minimum of eight
unlicensed drilling locations identified to develop the lands with a drilling
density of eight horizontal wells per section.


Relentless acquired 100 percent working interest in the Viking petroleum and
natural gas rights on 518 ha (1,280 acres) of contiguous lands in the Loverna
area of Saskatchewan in November of 2010.


Annual General and Special Meeting

The Company also announces it has scheduled its annual general and special
meeting of shareholders for Wednesday, May 30, 2012, in the Rocky Mountain Room
on the 10th Floor, Livingston Place, West Tower, 250 - 2nd Street S.W., Calgary,
Alberta at 2:00 p.m. MDT. Shareholders are encouraged to attend and participate
in the business of the meeting.


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 contains certain forward-looking information and
forward-looking statements (collectively, "forward-looking statements") under
the meaning of applicable securities laws, including Canadian Securities
Administrators' National Instrument 51-102 - Continuous Disclosure Obligations.
The use of the words "intended", "outlook", "expected", "potential", "will" and
"planned" identify these forward-looking statements.


The forward-looking statements contained in this news release reflect several
material factors and expectations and assumptions of Relentless including,
without limitation, assumptions relating to the ability of Relentless will
continue to fund or conduct its operations in a manner consistent with past
operations and the general continuance of current or, where applicable, assumed
operational and industry conditions. Relentless believes the material factors,
expectations and assumptions reflected in the forward-looking statements are
reasonable at this time but no assurance can be given that these factors,
expectations and assumptions will prove to be correct. 


Barrels of oil equivalent ("boes") may be misleading, particularly if used in
isolation. A boe conversion ratio of 6 Mcf: 1 Bbl is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead.
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