NuLoch Resources Inc.

NuLoch Resources Inc.

October 27, 2009 09:00 ET

NuLoch Resources Expands Team

CALGARY, ALBERTA--(Marketwire - Oct. 27, 2009) -

NuLoch Resources Inc. ("NuLoch" or the "Company") (TSX VENTURE:NLR.A) (TSX VENTURE:NLR.B) is pleased to announce the addition of two new members to its team.

Gary Browne has joined NuLoch in the position of Vice-President, Land. He brings over 30 years experience as a landman and executive in the oil and gas industry with considerable experience in the Williston Basin of the United States. Mr. Browne will direct the Company's corporate development activities with responsibility for all land functions. He reports to Glenn Dawson, President and CEO.

Nathan Laviolette has also joined the team as Senior Landman with primary responsibility for development of the Company's interests in Saskatchewan. He brings 10 years of industry experience, most recently with Tristar Oil & Gas Ltd. Mr. Laviolette reports to Mr. Browne.

The Board of Directors of NuLoch has approved a grant of stock options to directors, officers and employees of the Company to purchase an aggregate of 3,405,000 Class A common shares at an exercise price of $0.70 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • NuLoch Resources Inc.
    R. Glenn Dawson
    President and CEO
    (403) 920-0455
    (403) 920-0457 (FAX)
    NuLoch Resources Inc.
    2200, 444 - 5th Avenue SW
    Calgary, Alberta T2P 2T8