Not sure. I never use StoryBoarding, call me old fashioned but it's just too easy for me, can't beat a good old fashioned .xib although I'm sure I'll get bashed with many a reason as to why I should change my mind.
Anyway I find the easiest way to do it (it of course depends on the kind of app you're building) is just get the view controllers to load a different .xib dependent on the device type (there are many ways you can do this). Then you can just duplicate your existing .xib, change the dimensions to iPad size and change the files owner to whatever you want, as long as the if statement controlling the loading of either an iPhone or iPad .xib knows to load it.
It's a dirty hack but I've used it for a long time and find it works well and I can keep control of my project a lot easier. (a lot of my older apps use many hand dropped interface builder elements and no dynamic layouts).