DALLAS, TX–(EMWNews – August 11, 2008) – Gulf Onshore, Inc. (OTCBB: GFON) announced that

its Board of Directors has appointed R.Wayne Duke, Earl Moore and Mark

Smith as directors. The board also appointed Mr. Moore as Chief Executive

Officer and Mr. Smith as Chief Financial Officer. Dean Elliot has resigned

as an officer and director for personal reasons. The Company has also

formed a Pennsylvania operating company to explore business opportunities

in the Marcellus Shale.

Mr. Duke was a director of the Company from October 2007 to February 2008,

and was recently reappointed. Mr. Duke has over 25 years of experience in

the Maintenance, Repair and Operations of oil field equipment. He is

Chairman and CEO of USMetrics, Inc., a Dallas, TX-based supplier of

bearings and power transmission equipment, and chairman and CEO of

Industrial Clearinghouse, a private market for sale and barter of

industrial MRO products. Mr. Duke holds a BBA in Finance and a Masters

Degree in Business from The University of North Texas.

Mr. Moore has served as the Company’s Director of Oil Field Operations

since December 2007. He has extensive experience as a Project Manager, and

drilling and completion consultant for numerous independent and major oil &

gas exploration companies. During the past 5 years he has consulted on

wells for Key Petroleum, Weldon Corporation, TransAtlantic Petroleum,

Marathon Oil, Wentworth Energy and Anadarko Exploration. Specific duties

include Project Manager in charge of drilling, completion, re-completion or

work over operations on both conventional and horizontal wells.

Mr. Smith is a Certified Public Accountant, and has performed accounting

work for the Company on a consulting basis since early 2007. He has

extensive experience in management, finance, acquisition, forecasting/

budgeting and strategic planning for Fortune 100 companies. Mr. Smith was

formerly a manager for Coopers & Lybrand in Boston, MA, and the business

manager for The Valspar Corporation, Astra Products and Joslyn Hi-Voltage,

where his responsibilities included handling corporate control, auditing,

bank & private financing, and debt/cost reduction for global companies

whose revenues ranged from $30 MM to $2 B. His financial expertise includes

preparation of SEC filings and raising necessary growth capital through

private and public offerings. Mr. Smith received his B.S. from Boston

University in 1986.

The Company also announced formation of Shale Gas Operating, Ltd., a

Pennsylvania corporation, for the purpose of conducting oil and gas

drilling, completion and general operations on properties including the

Marcellus Shale. Shale Gas will seek authority from the Pennsylvania

Department of Environmental Protection, Bureau of Oil and Gas Management to

operate oil and gas wells in the state.

The Marcellus Shale extends throughout the Appalachian Basin from Tennessee

to southern New York, and is estimated to contain more than 500 trillion

cubic feet of natural gas. The Company has engaged in preliminary talks

with agents of two property owners, with a combined 3,200 acres in northern

Pennsylvania, for purposes of creating a drilling program to develop these

properties.

About Gulf Onshore, Inc.

Gulf Onshore, Inc. is an oil and gas company with a focus on oil and gas

prospects and properties which require further development. Gulf is careful

to develop a thorough drilling plan using advanced technologies in both

mapping and the use of 3D seismic reports and information. Gulf trades

under the ticker symbol GFON.OB on the OTCBB.

This Press Release may include forward-looking statements within the

meaning of Section 27A of the Securities Act of 1933 and Section 21E of the

Securities Act of 1934. A statement identified by the words “expects,”

“intends,” “projects,” “plans,” or similar phrases may be deemed

“forward-looking statements.” Although Gulf Onshore, Inc. believes that the

expectations reflected in such forward-looking statements are reasonable,

these statements involve risks and uncertainties that may cause actual

future activities and results to be materially different from those

suggested or described in this press release. These include risks inherent

in the drilling of oil and natural gas wells, including risks of fire,

explosion, blowout, pipe failure, casing collapse, unusual or unexpected

formation pressures, environmental hazards, and other operating and

production risks inherent in oil and natural gas drilling and production

activities, which may temporarily or permanently reduce production or cause

initial production or test results to not be indicative of future well

performance or delay the timing of sales or completion of drilling

operations; risks with respect to oil and natural gas prices, a material

decline in which could cause the Company to delay or suspend planned

drilling operations or reduce production levels; and risks relating to the

availability of capital to fund drilling operations that can be adversely

affected by adverse drilling results, production declines and declines in

oil and gas prices and other risk factors.

Contact: Taylor Capital, Inc. Stephen Taylor 973.351.3868