RRK

RED ROCK ENERGY Inc. (TSX VENTURE:RRK) ("Red Rock" or "the Corporation")
announced today that it has executed a Letter of Intent with a privately held
Alberta corporation ("Privco"), pursuant to which the parties shall form a joint
venture for the purpose of completing up to six wells as identified by Red Rock
and located in north eastern British Columbia. The completion of this joint
venture remains subject to the negotiation and execution of a definitive
agreement between the parties, receipt of approval from Privco's financial
backers, completion of due diligence procedures by Privco, and the obtaining of
any required corporate and regulatory approvals by Red Rock.


It is the intention of the parties that Red Rock will remain operator of any
projects initiated, and payment terms will include reimbursing Red Rock for
expenses associated with prospect development, prospect acquisitions and
provision of technical services. Relative to each of the prospects, Privco shall
pay 100% of all equipping and tie-in costs to earn an 80% interest in that
prospect.


In commenting on the transaction, Sandy Loutitt, President of Red Rock, stated:
"In a very tight financial market, it has been a very positive development to
establish the basis of a joint venture with this company. Operated by
experienced oil and gas executives, and funded by a strong partner, this joint
venture offers Red Rock an excellent opportunity to move ahead with the
development of a number of prospects which have been shown to offer significant
potential. We look forward to moving to the next stage of this exciting
partnership."


General Disclaimer

Red Rock and its management have taken all reasonable care in producing and
publishing information contained in this news release, and will endeavor to do
so on a periodic basis. Material in this news release may still contain
technical or other inaccuracies, omissions, or typographical errors, for which
Saccharum assumes no responsibility. Nor does Red Rock warrant or make any
representations regarding the use, validity, accuracy, completeness or
reliability of any claims, statements or information on this site. Under no
circumstances, including, but not limited to, negligence, shall Red Rock be
liable for any direct, indirect, special, incidental, consequential, or other
damages, including but not limited to, loss of programs, loss of data, loss of
use of computer of other systems, or loss of profits, whether or not advised of
the possibility of damage, arising from your use, or inability to use, the
material from this news release. The information is not a substitute for
independent professional advice before making any investment decisions.
Furthermore, you may not modify or reproduce in any form, electronic or
otherwise, any information on this site, except for personal use unless you have
obtained our express written permission. 


Forward-Looking Statements

This news release may contain forward-looking statements, including but not
limited to comments regarding predictions and projections. Forward-looking
statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements. 


For further information regarding Red Rock Energy Inc., please refer to the
Company's filings available on SEDAR (Http://www.sedar.com).

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