News Releases
May
10, 2006
TSX: "ISR"
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Issued: 13,245,463
DRILLING
UPDATE
International
Sovereign Energy is pleased to report that it has stimulated and
performed a short flow test on Prevo 6-21-39-1W5
(75% working interest), in central Alberta. The initial indications
are that the well should be capable of producing gas
at a rate of 1 mmcf/d or 120 BOED net to the Company. ISE
anticipates the well will be on production by
the third quarter this year.
Three
wells drilled and cased during the first quarter in the Peace
River region and in Medicine River of Alberta are being evaluated
for multi zone completion opportunities. The wells will be
completed and evaluated during the second quarter pending
removal of road ban limitations and service rig availability.
International
Sovereign continues to pursue its active drilling program
with six (6) wells planned for drilling in Sinclair Manitoba,
Medicine River, Forestburg, Marwayne and Milo Alberta during
the months of May/June 2006.
International
Sovereign Energy Corp. is an oil and gas exploration development
and production company with offices in Vancouver, British
Columbia, Calgary, Alberta and Islamabad, Pakistan and is
active in the exploration and development of hydrocarbon reserves
in Western Canada and internationally.
For further information contact:
Dr.
Waseem Rahman
Director
Tel:
(604) 684-7372
Fax:
(604) 684-2407 |
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Or
visit our website at www.isove.com
The
Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Certain information provided in this press release contains
forward-looking statements that by their nature are subject
to numerous risks and uncertainties and readers are cautioned
that actual results may vary considerably from those forecasted.
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