Redcliffe Provides Operational Update

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Redcliffe Exploration Inc. ("Redcliffe" or the "Company") (TSX VENTURE:RXP.A)
(TSX VENTURE:RXP.B) is pleased to provide the following operational update.


Drilling Results

In October 2009, Redcliffe announced a winter drilling program focused in the
Gold Creek and Pembina areas of Alberta. Since that announcement, the Company
has successfully drilled 4 (2.45 net) wells, resulting in 1 (0.25 net) oil well
and 3 (2.2 net) potential natural gas wells.


The first well of the program (25% WI) was drilled horizontally at no cost to
Redcliffe in December 2009 at Pembina for Cardium oil. The well was placed on
production in January 2010 and after recovering load fluid, is currently being
produced by the operator at approximately 125 bbl/d of light sweet Cardium oil.
With the success of this well, the Company expects to drill a second horizontal
well on the section in Q2 2010. Redcliffe has 12 (7.7 net) sections of land with
Cardium potential.


Also during December 2009, Redcliffe drilled and subsequently cased a vertical
well (100% WI) at Wapiti targeting Nikanassin gas and associated liquids. The
well encountered two zones within the Nikanassin Formation. Operations have been
delayed due to some downhole operational problems, but the well is now
perforated and awaiting a fracture stimulation when equipment becomes available.
The Nikanassin Formation represents a resource-style play that offers upside
from natural gas prices combined with the predictable nature of a large gas
deposit development utilizing horizontal drilling and multi-staged stimulation
techniques. Redcliffe's first quarter drilling program at Gold Creek is focused
on the establishment of the Nikanassin formation as a "resource" style asset.
Vertical wells drilled to the north and utilizing optimized fracture completion
techniques have achieved initial rates in the 3 to 5 mmcf/d range and other
operators in the area have recently drilled horizontal Nikanassin wells.
Redcliffe estimates that it has exposure to Nikanassin potential in
approximately 88 sections in this core area at an average controlled working
interest of 65%.


During Q1 2010, the Company participated in the drilling and casing of a
vertical well (33% WI) at Gold Creek targeting Nikanassin gas and associated
liquids, as well as secondary up-hole horizons. We anticipate the well to be
completed by the operator before breakup.


Also during Q1 2010, Redcliffe drilled and cased a vertical well (87% WI) at
Karr targeting the Montney Formation. This strategic well was drilled to
establish Montney gas and liquid potential on the southern portion of the
Company's Karr lands and adjoins the recent multi-well horizontal Montney
activity of an operator to the immediate North. The well has been extensively
sidewall-cored for reservoir optimization purposes and is expected to be
completed and tested before breakup. Redcliffe maintains an approximate 91%
working interest in the 15 sections of land over this prospect.


Remaining Q1 2010 Drilling Program

Redcliffe previously announced the proposed drilling of a horizontal Montney
well (100% WI) as part of a multi-well13.5 section farm-in at Karr and Gold
Creek. However, due to the length of time required to drill such a well
horizontally (45 - 50 days) plus the uncertainty as to the availability of
completion and stimulation equipment in the area, the risk of having the
operation extend into break-up with associated access issues was considered too
high. As a result, the Company plans to build the lease for this location and
commence drilling after break-up.


In the Gold Creek area, Redcliffe has 1 (0.5 net) additional vertical
non-operated well planned in Q1 2010, targeting Nikanassin gas and associated
liquids, as well as secondary up-hole zones. We anticipate this well will be
spud prior to month-end.


The Company has an extensive inventory of follow-up drilling locations and will
finalize its remaining 2010 drilling program once its winter drilling program is
complete.


Other Operational and Financial Updates

The Company's production for Q4 2009 averaged 862 boe/d (69% natural gas), with
certain wells continuing to produce on a restricted basis due to transportation
constraints. With the inclusion of the Cardium oil well drilled in Q4 2009,
current production is approximately 950 - 975 boe/d (67% gas), with 3 wells
waiting on completion. The Company does not expect to see increases in
production from the winter drilling program until late Q1 2010 or Q2 2010.


The Company's net debt at December 31, 2009 is estimated at $6.4 million,
against existing bank lines of $14.1 million.


The Company has entered into physical delivery contracts for 3,000 GJ/d for the
months of April 2010 to October 2010, inclusive, at an average price of $5.41/GJ
($5.70/mcf); these contracts represent the only commodity contracts outstanding
for 2010 at this time.


The Company expects to release its 2009 audited financial results and NI 51-101
reserve disclosures in late April 2010.


Redcliffe is a Calgary based company exploring for oil and gas in Alberta. The
Company has a significant land base of 118 (77 net) sections in the Peace River
Arch south of Grande Prairie, as well as additional lands in and around Pembina,
including 12 (7.7 net) sections with Cardium oil potential. Production is
focused in the Gold Creek/Wapiti area of northwestern Alberta and the Pembina
area of central Alberta.


Reader Advisories

Forward-Looking Statements: This news release contains certain forward-looking
statements, including management's assessment of future plans and operations,
capital expenditures and the timing thereof and expected timing and results from
operations, that involve substantial known and unknown risks, uncertainties and
assumptions, certain of which are beyond the Company's control. Such risks,
uncertainties and assumptions include, without limitation, those associated with
oil and gas exploration, development, exploitation, production, marketing,
processing and transportation, loss of markets, volatility of commodity prices,
currency fluctuations, imprecision of reserve estimates, environmental risks,
competition from other producers, inability to retain drilling rigs and other
services, delays resulting from or inability to obtain required regulatory
approvals and ability to access sufficient capital from internal and external
sources, the impact of general economic conditions in Canada, the United States
and overseas, industry conditions, changes in laws and regulations (including
the adoption of new environmental laws and regulations) and changes in how they
are interpreted and enforced, increased competition, the lack of availability of
qualified personnel or management, fluctuations in foreign exchange or interest
rates, stock market volatility and market valuations of companies with respect
to announced transactions and the final valuations thereof, and obtaining
required approvals of regulatory authorities. The Company's actual results,
performance or achievements could differ materially from those expressed in, or
implied by, these forward-looking statements and, accordingly, no assurances 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 that the Company
will derive there from. Readers are cautioned that the foregoing list of factors
is not exhaustive. Additional information on these and other factors that could
affect the Company's operations and financial results are included in reports,
including the Company's annual information form for the financial year ended 

December 31, 2008, on file with Canadian securities regulatory authorities and
may be accessed through the SEDAR website (www.sedar.com). All subsequent
forward-looking statements, whether written or oral, attributable to the Company
or persons acting on its behalf are expressly qualified in their entirety by
these cautionary statements. Furthermore, 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.


BOE may be misleading, particularly if used in isolation. A BOE conversion 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.