Renegade Petroleum Ltd. Announces Executive Changes

CALGARY, ALBERTA–(Marketwired – Aug. 23, 2013) – Renegade Petroleum Ltd. (“Renegade” or the “Company”) (TSX VENTURE:RPL), a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, announces the departure of Mr. Brad Wakefield, Vice President, Exploitation of the Company, effective immediately. Mr. Wakefield has decided to resign to pursue other personal and professional opportunities. The Board of Directors and management of the Company wish him well in his future endeavors.

The Company is pleased to announce the appointment of Mr. Russell Walz as Interim Vice President, Exploration. Mr. Walz has been an integral part of the Renegade team since February 2010 and brings extensive operational and geological experience to the Company. Mr. Walz is a professional Geologist who graduated from the University of Regina with a Bachelor of Science in Geology. He has held various exploration and development positions with Talisman and, most recently, has held the role of Manager of Geoscience at Renegade since November, 2011.

ANNUAL GENERAL MEETING

Renegade’s Annual General and Special Meeting of Shareholders is scheduled for 11:00am MST Friday September 27, 2013 at the Petroleum Club, Devonian Room, located at 319 – 5^th Avenue SW, Calgary, Alberta.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.