Mr. Alexander Lindsay reports

RESOLUTE RESOURCES LTD PROVIDES WELL UPDATE

Resolute Resources Ltd. has provided an update in respect of HZ Anthony 12-19-83-23 which commenced drilling Nov. 24 and was completed on Dec. 3. Gething channel sand was encountered as per geologic modelling. A total of 2,350 metres of open hole were drilled over four laterals, which were terminated short due to formation dropping below log-verified oil saturation and a desire to avoid unnecessary risk. Significant oil shows, gas response and visible sample porosity were observed during drilling as well as no apparent losses due to fracturing.

Upon bringing the pump on-line the well did not demonstrate sustained inflow and as a result a workover was performed due to potential cuttings bridging and very heavy oil was encountered. Subsequent testing of the hydrocarbons recovered during the workover showed approximately six API bitumen. Attempts were made following the workover to aid the initiation of flow but were ultimately unsuccessful. While significant high-quality reservoir rock was encountered throughout the drilling of the well the formation fluid is not conducive to cold flow production. Based on fluorescence tests on wells that penetrated the target reservoir and fluid tests of similar target sands in the area Resolute expected higher API oil predrill. The company is in the process of re-evaluating its landholdings based on the results achieved to date on its Grimshaw property. The company's Flood acreage includes an abandoned well with a fluid test within the Gething that produced 35 API oil. The company is assessing options to validate the quality of this fluid test at Flood in a timely and cost-effective manner and will provide an update upon conclusion of this assessment.

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, 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. 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.

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