Ryland Oil Provides Update on Operations

Ryland Oil Corporation ("Ryland" or "the Company") (TSX VENTURE:RYD) is pleased
to provide an update respecting its operations.


Ryland's exploration focus continues to be on the Bakken formation in its 81
sections in the Flat Lake area of Southeast Saskatchewan which it has joint
ventured with Crescent Point Energy Corp. as operator. (Ryland's original joint
venture, TriAxon Energy, was recently acquired by Crescent Point). Crescent
Point's third farm-in horizontal well on Ryland's Bakken lands in the Flat Lake
area of southeast Saskatchewan, located at 1-22-1-14W2, is continuing to produce
approximately 180 barrels of oil per day. This was the third earning well
drilled by Crescent Point under the farm-out agreements, with Crescent Point
paying 100% of the costs to drill, complete and equip the well to earn a 50%
working interest in a portion of Ryland's surrounding acreage.


Crescent Point has successfully drilled and completed a fourth earning
horizontal well located at 3C5-30/4D8- 30 -1-1-15w2, approximately 4 miles
northeast of the 1-22-1-14W2 well. A 16 stage horizontal fracture stimulation of
the well was completed successfully. Crescent Point is taking steps to increase
lifting capacity to reduce the fluid column in the well. The well is currently
under confidential status.


Crescent Point also successfully completed a 16 stage horizontal fracture
stimulation on its fifth earning well late last week, located at
4C14-12/4C14-13-1-15W2, approximately 5 miles west of the1-22-1-14W2 well. The
well is currently being equipped for production.


Crescent Point may elect to drill a total of 7 earning wells to fully earn in to
its rights for the Bakken Formation across the Company's extensive Flat lake
acreage position.


Ryland also continues to consider strategic alternatives with its financial
advisor and agent, GMP Securities LP, to enhance corporate and shareholder
value.


RYLAND OIL CORPORATION

Gerald J. Shields, President

Issued and Outstanding: 198,147,535