RYD Ryland Oil Corp

Ryland Oil Corporation ("Ryland") (TSX VENTURE:RYD) announces that it has closed
the purchase of a 3% gross overriding royalty from Fairway Exploration LLC
("Fairway") on production from all petroleum and natural gas leasehold acreage
held by Ryland's wholly owned subsidiary, Pebble Petroleum Inc. ("Pebble"), in
southeastern Saskatchewan. In consideration for the royalty acquisition, Ryland
has paid Fairway US$1.2 million in cash and has issued to Fairway 1,200,000
Ryland common shares. The shares issued to Fairway are subject to a four month
hold period. This royalty acquisition has been approved by the TSX Venture
Exchange. 


Gerald J. Shields, President

Issued and Outstanding: 201,673,418

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