A downhole retrieval tool for engaging and retrieving an object from a wellbore includes a mandrel and a grapple having a contracted position and an expanded position. In the expanded position, the grapple engages the object for retrieval. The grapple is operably associated with an expansion member disposed on the mandrel to facilitate movement of the grapple between the contracted and expanded positions. The expansion member is releasably connected to the mandrel. In the event that the downhole tool and object, once secured to each other, are unable to be retrieved from the wellbore, the expansion member can be released from the mandrel which, in turn, causes the grapple to release from the object so that the downhole tool can be removed from the wellbore. A stored energy member facilitates movement of the grapple from the contracted position to the expanded position.