Redcliffe Announces Increase to Credit Facility

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

Redcliffe Exploration Inc. ("Redcliffe" or the "Corporation") (TSX
VENTURE:RXP.A) (TSX VENTURE:RXP.B) is pleased to announce that it has received
indication from its lender that its revolving demand credit facility will be
increased to $12.6 million, escalating to approximately $15 million by September
30, 2008 based upon meeting certain production targets. The revised credit
facility is subject to final approval by the lender, and the Corporation expects
a formal commitment letter to be signed within two weeks.


The increased credit facility combined with forecasted 2008 cash flows and the
$8 million equity financing announced on March 20, 2008 is expected to entirely
fund the Corporation's previously announced $17.5 million capital budget for
2008, which includes drilling 11-16 wells primarily in the Peace River Arch area
of northwestern Alberta. This capital program follows up on significant recent
successes achieved in this basin at Gold Creek, Wapiti and Elmworth. The first
of these wells is scheduled to commence drilling late in the second quarter of
2008 at Gold Creek. The remainder of the program will be focused in the second
half of 2008.


Redcliffe is a Calgary, Alberta based company engaged in the exploration for,
and development and production of conventional crude oil and natural gas
reserves in western Canada. Redcliffe's strategy is to build shareholder value
through internally generated exploration and development drilling, and through
selective acquisitions. Redcliffe's areas of operational focus include the Peace
River Arch and Pembina areas of Alberta.


Forward-Looking Statements: This news release contains statements about future
events that are forward looking in nature and, as a result, are subject to
certain risks and uncertainties such as changes in plans or the occurrence of
unexpected events. Actual results may differ from the estimates provided by
management.