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News Releases

May 10, 2006
TSX: "ISR"

Shares 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

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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