March Resources Corp. Corporate Update

CALGARY, ALBERTA -- (MARKET WIRE) -- 04/03/08 -- March Resources Corp. ("March") (TSX VENTURE: MCF) is pleased to announce that the logging of Pica #1 has been completed. Pica #1 has been cased to its total depth of just over 3,100 metres and logging interpretation has identified several prospective zones. It is anticipated that 12-17 separate prospective zones will be perforated. March has determined that the perforation of the well will be most efficiently completed with a wire line unit. The tools necessary for this operation are currently enroute.

March expects to prepare the drilling rig for movement to the Pica #2 location immediately, and therefore will spud Pica# 2 as soon as possible. It is expected that the drilling of Pica #2 will take approximately 40 days to reach the total depth. Pica #2 is being drilled on the eastern flank of the main Pica structure.

The results of the logging and completion programs from Pica #1 will be released by March as they become available. Once the equipment arrives on site, it is anticipated that the perforating operations will take approximately one week to complete.

March has a 100% interest in both the Pica North and Pica South Blocks which in total cover 2.5 million acres.

Trading in the securities of the Corporation should be considered highly speculative.

Safe Harbour

Statements in this press release may contain forward-looking information including expectations of future operations, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The information contained above related to the drilling results are subject to a number of qualifications and assumptions, and discloses no reserves of any nature. Prospective resources are those quantities of oil and gas estimated on a given date to be potentially recoverable from undiscovered accumulations. Prospective resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects.

There is no certainty that any portion of the resource will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources. The reader is cautioned not to place undue reliance on this forward-looking information.

The TSX-Venture Exchange has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press release.

Contacts: March Resources Corp. Dave Antony President and CEO (403) 531-1710 Email: dantony@marchresources.ca Website: www.marchresources.ca

2008-04-03 18:10:42 0328064 MARKETWIRE