RXP.A Redcliffe Exploration Inc.

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

Redcliffe Exploration Inc. (TSX VENTURE:RXP.A)(TSX VENTURE:RXP.B) ("Redcliffe")
is pleased to announce the raising of US$6,000,000 from a group of United States
based investors through Redcliffe Land Fund LLC. This capital, in addition to
our current cash flow and credit lines, will enable Redcliffe to continue its
focus of developing high-quality, high-impact gas and oil drilling prospects in
the dynamic Gold Creek/Wapiti areas of the Peace River Arch. Currently,
Redcliffe has over 35,000 gross acres of undeveloped lands in this highly
prospective and competitive basin. Over the last 18 months Redcliffe has
participated in the successful drilling of seven gas discoveries, one oil
discovery and one dry hole. Currently, three additional wells are scheduled to
be drilled prior to year-end in this area.


Under the terms of the Redcliffe Land Fund Agreement ("RLFA"), Redcliffe has
sold a 66.67% working interest in certain lands that were acquired over the past
2.5 years in the Gold Creek/Wapiti areas of the Peace River Arch. RLFA will also
finance 66.67% of certain future land purchases in this area to the end of 2008.
Redcliffe in turn will have the obligation to drill, or cause to be drilled, six
wells over the next 36 months to earn back 80% of the interest in these lands
after payout of all capital costs. Redcliffe will maintain technical and
operational control over these lands in regards to all drilling and operational
issues. These interests will be held in trust for the investors.


This capital arrangement allows Redcliffe to participate in the very active
Crown land sales centered around our Gold Creek/Wapiti properties in the second
half of 2008. This year, as reported in our August 28, 2008 press release,
Redcliffe has doubled its undeveloped land base in this core property. Recent
land sale activity in this area has been highlighted in the press after the
September 3rd Alberta land sale results were announced and this area has
remained one of the most active drilling basins in Alberta through 2007 and
2008.


Reader Advisories

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.

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