Ryland Oil Corporation (the "Company") (TSX VENTURE: RYD) is pleased to announce that at its special general meeting of shareholders held on March 12, 2009, the shareholders passed a resolution ratifying, confirming and approving the Company's Shareholder Rights Plan approved and adopted by the Company's board of directors on September 23, 2008. In addition, the shareholders also passed a resolution re-ratifying the Company's incentive stock option plan.

RYLAND OIL CORPORATION

Gerald J. Shields, President

The TSX Venture Exchange has not reviewed and does not accept any responsibility for the adequacy or accuracy of this news release, and no regulatory authority has approved or disapproved the information contained herein.

Contacts: Ryland Oil Corporation Mr. Jim Welykochy Vice-President Corporate Development (403) 861-1242 Website: www.rylandoil.com

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