THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES.


Redcliffe Exploration Inc. (TSX VENTURE:RXP.A) (TSX VENTURE:RXP.B) ("Redcliffe")
is pleased to announce that it has entered into an agreement with Richardson
Partners Financial Limited to issue, by way of a private placement, up to
10,000,000 flow-through Class A shares (the "Shares") on a commercially
reasonable efforts basis at $0.60 per Share for gross proceeds of up to
approximately $6.0 million. Proceeds from the offering will be used to incur
qualifying flow-through expenditures.


Closing of the offering is expected to occur on or about October 22, 2008, and
is subject to the receipt of all requisite regulatory and stock exchange
approvals. The securities issued under the private placement will be subject to
a four month hold period from the date of closing.


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.


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.


These securities have not been and will not be registered under the United
States Securities Act of 1933, as amended, or the securities laws of any state,
and may not be offered or sold in the United States unless an exemption from
registration is available. This news release does not constitute an offer to
sell or the solicitation of an offer to buy these securities in the United
States.