NuLoch Resources Grants Options

Mon Mar 31, 8:16 PM

CALGARY, ALBERTA--(Marketwire - March 31, 2008) - NuLoch Resources Inc. (TSX VENTURE: NLR-A.V)(TSX VENTURE: NLR-B.V) announces that the Board of Directors has approved a grant of stock options to directors, officers, employees and consultants of NuLoch to purchase an aggregate of 1,507,500 Class A common shares at an exercise price of $1.15 per common share pursuant to the company's stock option plan. The options vest at the rate of one-third annually over three years and expire five years from the date of grant.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts

R. Glenn Dawson
NuLoch Resources Inc.
President and CEO
(403) 920-0455

2200, 444 - 5th Avenue SW
NuLoch Resources Inc.
Calgary, Alberta T2P 2T8
(403) 920-0455
(403) 920-0457 (FAX)
Email: nuloch@nuloch.ca