<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001478397</cik>
        <entityName>Renegade Petroleum Ltd.</entityName>
        <issuerAddress>
            <street1>725, 435 - 4TH AVE SW</street1>
            <city>CALGARY</city>
            <stateOrCountry>A0</stateOrCountry>
            <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
            <zipCode>T2P 3A8</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(403) 410-3376</issuerPhoneNumber>
        <jurisdictionOfInc>ALBERTA, CANADA</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>Colonia Energy Corp.</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>J.</firstName>
                <middleName>Alexander</middleName>
                <lastName>Wylie</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 3A8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>C.</middleName>
                <lastName>Erickson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 - 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 3A8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Paul</firstName>
                <middleName>T.</middleName>
                <lastName>Codd</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 - 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 3A8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <lastName>Young</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 - 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 3A8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <lastName>Ambrose</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 - 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 3A8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Donald</firstName>
                <middleName>Murdoch</middleName>
                <lastName>McDonald</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>#1500, 324 8th Avenue SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 2Z2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Donald</firstName>
                <middleName>T.</middleName>
                <lastName>Boykiw</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2500, 450 1st Street SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 5H1</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName>Brockwell</middleName>
                <lastName>Mannix</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 - 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 2G2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Dallas</firstName>
                <lastName>Duce</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1160 Taisey Crescent</street1>
                <city>Estevan</city>
                <stateOrCountry>A9</stateOrCountry>
                <stateOrCountryDescription>SASKATCHEWAN, CANADA</stateOrCountryDescription>
                <zipCode>S4A 2T6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Martin</firstName>
                <middleName>Andrew</middleName>
                <lastName>Scase</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>725, 435 - 4th Ave SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T2P 2G2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Oil and Gas</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$5,000,001 - $25,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-04-29</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Kim Ritchie</recipientName>
                <recipientCRDNumber>5046308</recipientCRDNumber>
                <associatedBDName>Griffiths McBurney Corp.</associatedBDName>
                <associatedBDCRDNumber>40620</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>145 King Street West, Suite 300</street1>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <stateOrCountryDescription>ONTARIO, CANADA</stateOrCountryDescription>
                    <zipCode>M5H 1J8</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NY</state>
                    <description>NEW YORK</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2544758</totalOfferingAmount>
            <totalAmountSold>2544758</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>Canadian dollars have been converted to U.S. dollars based on the noon rate as reported by the Bank of Canada on April, 29, 2010 of CDN$1.00 = US$0.9946.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>139961</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>Canadian dollars have been converted to U.S. dollars based on the noon rate as reported by the Bank of Canada on April, 29, 2010 of CDN$1.00 = US$0.9946.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Renegade Petroleum Ltd.</issuerName>
                <signatureName>J. Alexander Wylie</signatureName>
                <nameOfSigner>J. Alexander Wylie</nameOfSigner>
                <signatureTitle>Vice President of Finance and Chief Financial Officer</signatureTitle>
                <signatureDate>2010-05-07</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
