News Releases
November
28, 2007
TSX:
“ISR”
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DOMESTIC
DRILLING UPDATE
International
Sovereign Energy Corp. (the “Company ”) is pleased to report
that the drilling of the Medicine River 2-25 twin,
in which the Company holds an 85% W.I., is approaching the
closing stages of the operation significantly ahead of schedule. The
well has been logged and all five prospective zones are present (Basal
Quartz, Glauconite, Colony, Belly River and Edmonton Sands).
The well was drilled to total depth (2,140 m) four days ahead
of schedule and is significantly under budget. The completion
operation is scheduled to commence during the first week of
December, 2007 to evaluate the zones with the intention of
commingling production from the multiple zones to optimize
cost and production efficiency. The well is expected to be
on production before the end of December, 2007.
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, please contact:
Omair
Choudhry
Chief
Financial Officer
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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