Boundary Bay Resources, Inc. Corporate Update

LAS VEGAS, March 17  /PRNewswire-FirstCall/ -- Boundary Bay Resources, Inc. (the "Company") is pleased to announce that, on March 14, 2008, a Letter of Intent ("LOI") was signed between the Company and OilTec LP ("OTL"). Under the terms of the LOI, the Company would acquire a 40% working interest of OTL's leasehold interest in the already producing Chevron Fee # 3 well (the "Well") located in Marion County, Oklahoma in exchange for $75,000.00 USD. The Well is already producing to a depth of 6400 feet.

The rework program being conducted by OTL shall include equipping well sites, electrifying the lease, installation and laying of water and production lines on the lease, deepen wells to alternative zones for the enhancement of the lease production or the disposal or injection of water.

Per the LOI, the Company would also acquire the right to purchase a 25% working interest in any subsequent wells drilled at the Chevron Fee property that are reworked and/or re-completed or re-entered for a pro rata share of cost.

Mr. Borschowa believes that "(t)his letter of intent illustrates that we are committed to our strategic plan to continue in the acquisition of working interests in established oil and gas properties."

About Boundary Bay Resources, Inc. http://www.boundarybayresources.com/.

Boundary Bay Resources is dedicated to building a competitive oil and gas company that is cash flow positive. The Company intends to acquire working interests in established oil and gas production companies (Public or Private). Funds generated from this domestic production will be used to acquire premium oil and gas properties with both proven reserves and upside exploration potential. The company understands how exploration or "blue sky" opportunities can significantly increase the value of any company (especially when a deposit is found). Therefore, once/if some solid acquisitions are completed, our aim is to begin looking for potential oil and gas properties.

  On Behalf of the Board of Directors,
  Lee Borschowa
  President


  Safe Harbor Statement under the Private Securities Litigation Reform Act
  of 1995:



This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

CONTACT: Investor Relations at: [phone] 

DATASOURCE: Boundary Bay Resources Inc.



CONTACT: Investor Relations at: [phone]

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