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CORRECTION FROM SOURCE: NAL Oil & Gas Trust Announces Conference Call Details for Third Quarter 2010 Results

Press Release - Nov 3, 2010

CALGARY, ALBERTA--(Marketwire - Nov. 3, 2010) - NAL Oil & Gas Trust (the "Trust") (TSX:NAE.UN) will release its third quarter financial and operating results on Tuesday, November 9, 2010 at 2:30 p.m. MST (4:30 p.m. EST) and will hold a conference call to discuss those results at 3:30 p.m. MST (5:30 p.m. EST).

Mr. Andrew Wiswell, President and CEO, will host the conference call with other members of the management team. The call is open to analysts, investors, and all interested parties. If you wish to participate, call 1-866-226-1792 toll free across North America. The conference call will also be accessible through the internet at http://events.digitalmedia.telus.com/nal/110910/index.php

A recorded playback of the call will be available until November 16, 2010 by calling 1- 800-408-3053, reservation 4188048.

NAL Oil & Gas Trust provides investors with a yield-oriented opportunity to participate in the Canadian upstream oil and gas industry. The Trust generates monthly cash distributions for its Unitholders by pursuing a strategy of acquiring, developing, producing and selling crude oil, natural gas and natural gas liquids from pools in southeastern Saskatchewan, central Alberta, northeastern British Columbia and Lake Erie, Ontario. Trust units trade on the Toronto Stock Exchange under the symbol "NAE.UN".

Contact Information:

NAL Oil & Gas Trust
Clayton Paradis
Manager, Investor Relations
403.294.3620 or Toll Free: 888.223.8792
403.515.3407 (FAX)
investor.relations@nal.ca
www.nal.ca