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Press release from Marketwire

Renegade Petroleum Ltd. Confirms March 2013 Dividend

Thursday, March 14, 2013

Renegade Petroleum Ltd. Confirms March 2013 Dividend16:30 EDT Thursday, March 14, 2013CALGARY, ALBERTA--(Marketwire - March 14, 2013) -THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is pleased to announce that a cash dividend in the amount of $0.019167 per share ($0.23 annualized) will be paid on April 15, 2013 to shareholders of record as of March 31, 2013. The ex-dividend date is March 26, 2013.These dividends are designated as "eligible dividends" for Canadian income tax purposes.CORPORATE INFORMATION Renegade's common shares trade on the TSX Venture Exchange under the symbol "RPL". Renegade has approximately 203.1 million common shares outstanding and 211.8 million fully-diluted common shares. Renegade is also pleased to announce that it has updated its corporate presentation which is available at FOR FURTHER INFORMATION PLEASE CONTACT: 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. Contact Information: Renegade Petroleum Ltd.Michael EricksonPresident & CEO(403) 355-8922Renegade Petroleum Ltd.Alex WylieVice-President, Finance & CFO(403)