Ryland Oil Names New Senior Petroleum Engineer

Dick Findley, Chairman of Ryland Oil Corporation, has announced the appointment of Richard Pershall as Senior Petroleum Engineer. Pershall is a drilling and completion engineer with more than 28 years of industry experience.

Prior to joining the Company Pershall spent 4 years as Operations Manager with Halliburton Project Management, where he was primarily responsible for supervising and managing the drilling and completion operations of several projects throughout the Rocky Mountain Region and into Canada. Prior to joining Halliburton, Pershall was a Technical Representative/Completion Consultant for Baker Oil Tools. From 1996 to 2001 Pershall was employed as Technical Sales Engineer for Schlumberger Oilfield Services. He has extensive experience in engineering and project management in complex geological environments. Pershall has a BSc in Petroleum Engineering from the New Mexico Institute of Mining and Technology. He is a member of the Society of Petroleum Engineers. Pershall will be based in the Company's Denver office.

Said Chairman Findley, "Mr. Pershall is a very important addition to our management team. His vast experience in drilling and completion adds a key component to our planned active drilling and completion program we are currently pursuing. With Mr. Pershall's appointment we now have all the elements of a complete engineering team led by Mr. Tom Lantz."

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