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March 15, 2007

Vancouver, B.C., March 15, 2007 Tearlach Resources Ltd. (TSX.V: TEA)  Tearlach Resources Ltd. has acquired two oil leases totaling 90 acres of former oil-producing property located in the Kern Front oil field at Bakersfield, Calif.

A memorandum of understanding (MOU) has been entered into between the company and Oil & Gas Technology Services Inc. of Encino, Calif., for the acquisition of a 60-per-cent ownership in two additional parcels of approximately 45 acres, each contiguous to the portions of the Kern Front oil field in which the company recently acquired a 60-per-cent ownership interest.

Consideration for the acquisition will comprise 1.4 million fully paid and non-assessable common shares of the company at a nominal value of 80 cents per share. The MOU is subject to approval of the TSX Venture Exchange.

The two parcels lie between two portions of the Bakersfield property previously acquired and contains 15 capped, completed and connected wells, as well as steam and flow lines and a tank farm/oil processing facility. Historical reserves of 2.1 million and 2.3 million barrels of oil in place and historic production from the two properties is believed to total 390,000 barrels of oil suggesting that both properties are in primary production stage.

Malcolm Fraser

The TSX Venture Exchange has not reviewed News Release and neither approves nor disapproves of the contents hereof, which remain the sole responsibility of the Company.

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