LAS VEGAS, March 24 /PRNewswire-FirstCall/ -- Boundary Bay Resources, Inc. (the "Company") is pleased to announce that, on March 22, 2008, a definitive agreement (the "Agreement") was executed between the Company and OilTec LP ("OTL"). Per the terms of the Agreement, the Company has acquired 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 and deepening wells to alternative zones for the enhancement of the lease production or the disposal or injection of water. The Company has also acquired 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. "This agreement further illustrates our commitment to acquire an interest in established oil and gas properties," stated Lee Borschowa, President of Boundary Bay. "We believe that acquiring such properties will provide us with sufficient resources to continue to implement our business plan." About Boundary Bay Resources, Inc. http://www.boundarybayresources.com/. Boundary Bay Resources is a 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: 250media - Investor Relations, 1-888-472-1960, DATASOURCE: Boundary Bay Resources Inc. CONTACT: 250media - Investor Relations, 1-888-472-1960,

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