NuLoch Resources Reports Increase in Bank Line and Establishes Repeatability in Three Forks Sanish in Saskatchewan and North Dak

   NuLoch Resources Inc. (TSX VENTURE: NLR.A) (TSX VENTURE: NLR.B) (OTCQX: NULCF) corporate production achieved 1,100 boe/d in late May consisting of 73% light oil. This production included 315 bopd from Tableland, Saskatchewan and 240 boe/d from North Dakota. There are 6 wells (1.7 net) currently drilling or awaiting completion.

The Company's available line of credit with a Canadian chartered bank is currently undrawn and has been increased by 65% to $14.0 million.

NuLoch has drilled six (4.5 net) horizontal oilwells in the Three Forks Sanish formation at Tableland, Saskatchewan since Q4 2009. The average initial gross production rate over 30 days (IP-30) is 165 bopd for the first four (3.1 net) of those wells. A fifth well (0.7 net) is still in its initial 30 day period while the sixth (0.7 net) awaits its multi-stage fracture completion. In addition to the IP-30 oil rates, these wells produce approximately 20 boe of liquids-rich natural gas per 100 barrels of crude oil. Capturing this value with centralized processing facility will be part of the development of this field.

Glenn Dawson, President and CEO of NuLoch, stated, "We have successfully extended our quickly developing Three Forks Sanish crude oil resource play in North Dakota onto our extensive 32,000 net acre position in Saskatchewan. A 100% success rate on our first five wells is a considerable achievement in any emerging play. There are some variations in our completion techniques and we continue to evaluate our cased-hole hydraulic fracturing methods to enhance oil rates and ultimate recoveries. The geology at Tableland is similar to North Dakota and we have de-risked future development for light oil (40 degree API) on 20% of our 52 net sections in Canada. We have identified an inventory of 32 locations to develop these de-risked lands at three wells per section. Drilling will continue in the second half of 2010 as we plan to step out to prove more of our land."

In North Dakota, the 300 bopd IP-30 we averaged over the last five Three Forks Sanish one-mile horizontal wells (0.5 net) and early positive results from four two-mile wells (0.2 net) has accelerated the pace of development on NuLoch's 32,500 net acres in Divide and Burke counties. Two additional drilling rigs are being brought to the play that will result in approximately four wells being drilled each month in the second half of 2010. At that pace, with interests in more than 400 sections of land in North Dakota, NuLoch has eight years of drilling inventory in the Three Forks Sanish formation assuming only one well per section. Portions of this land is also prospective in the Middle Bakken with one well (0.1 net) drilling and another (0.2 net) planned for this summer utilizing 2-mile horizontal laterals with 30 fracture stages. NuLoch's working interest ranges from 10% to 30% on most of the land.

Advisories

Use of Barrels of Oil Equivalent (boe)

Disclosure provided herein in respect of boe units may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf of natural gas to 1 bbl of crude oil is based on an energy equivalency conversion method primarily applicable at the burner tip and may not represent a value equivalency at the wellhead.

Forward-Looking Statements

Certain statements in this document or incorporated herein by reference constitute "forward-looking statements". These forward-looking statements can generally be identified as such because of the context of the statements, including words indicating that the Company "believes", "anticipates", "expects", "plans" or words of a similar nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions which will, among other things, impact demand for and market prices of the Company's products; industry capacity; the ability of the Company to implement its business strategy, including exploration and development activities; the ability of the Company to complete its capital programs; successful negotiations with bankers and other third parties; the success of exploration and development activities; production levels; government regulations and the expenditures required to comply with them (especially safety and environmental laws and regulations); asset retirement obligations; and other circumstances affecting revenues and expenses.

Common Shares Outstanding

Class A : 95,448,538

Class B : 652,500

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.

Contacts: NuLoch Resources Inc. R. Glenn Dawson President and CEO [phone] [phone] (FAX) [e-mail] NuLoch Resources Inc. 2200, 444 - 5th Avenue SW Calgary, Alberta T2P 2T8