Mr. Bradley Parkes reports

RESOLUTE RESOURCES LTD. ANNOUNCES RIG RELEASE, OPERATIONS UPDATE AND 11-24 WELL LICENSE

Resolute Resources Ltd.'s Stampede No. 14 rig has been rig-released from the 5-25-83-24W5 drill pad upon completion of the drilling of the Resoluteresltd HZ Anthony 7-24-83-24 well.

The Resoluteresltd HZ Anthony 7-24-83-24 took 17 days to drill and the final AFE will be within 15 per cent of the previously estimated well costs. Reservoir production testing will commence with results available in approximately six weeks.

In addition, Resolute is pleased to announce that it has received a well licence for the Resoluteresltd HZ Anthony 11-24-83-24 and pad construction has commenced. The Resoluteresltd HZ Anthony 11-24-83-24 well is designed to target the Gething Channel reservoir. The expected spud date is the first week of November, 2023.

About Resolute Resources Ltd.

Resolute is an energy corporation trading on the TSX Venture Exchange under the symbol RRL. Resolute has projects in northwest Alberta and northeast British Columbia, where it is exploring shallow cretaceous sandstone reservoirs that can be exploited with multilateral open hole wells. Resolute has accumulated just under 35,000 acres in its GFD light oil project in northwest Alberta and approximately 10,000 acres at its Evie project in northeast British Columbia. Resolute is pursuing projects that are high in environmental social and governance metrics, that result in lower emission oil and low water use due to no hydraulic fracturing, but that provide high economic returns.

We seek Safe Harbor.