News Releases
December
14, 2007
TSX:
“ISR”
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Outstanding: 13,928,084
SUCCESSFUL
COMPLETION OF MEDICINE RIVER 2-25
International
Sovereign Energy Corp. (the “Company ”) is pleased
to report that the completion and testing of the
Medicine River 2-25 twin (85% W.I.) has been successful. The
well was completed in the Colony zone, tested at a gross rate
of 1,250 mcf/d (208 boed). The Company estimates that the
well will initially produce in the range of 1,000 mcf/d gross
(166 boed), the Company plans to have this well on production
before the year-end. The well has other prospective uphole
zones in the Belly River and Edmonton Sands; which will be
evaluated at a later date.
The
Company continues its focus in the Peace River area (40% W.I.),
acquiring an additional section of land this week; this section
offsets the Company’s current producing well. Seismic data
is currently being evaluated to select next drill location
in this area.
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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