Result Energy Inc. Announces Revised Closing Date for Asset Sale

    CALGARY, May 20 /CNW/ - Result Energy Inc. ("Result" or the
"Corporation"; TSX-V: RTE) wishes to announce that its previously disclosed
sale of certain of its oil and gas properties (See news release dated May 6,
2009) is now anticipated to close on or about August 1, 2009 and that the
purchaser's initial financing condition in respect of the proposed acquisition
has been satisfied.

    Result Energy Inc. is a publicly traded Canadian energy company involved
in the exploration and development of oil and gas properties in western
Canada. Result trades on the TSX Venture Exchange under the symbol "RTE".

    Neither 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.

For further information:

For further information: William Matheson, President & CEO, Result
Energy Inc., (403) 777-0007

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