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News Releases

October 14, 2008

Shares Outstanding:  16,048,084

TSX: “ISR”                                                                                            

 

BERWYN, ALBERTA-GAS WELL RESULTS

 

International Sovereign Energy Corp. (the "Company") is pleased to report that the completion and testing of the recently drilled Berwyn 7-11 twin (100% W.I.), has been successful. The well was completed in the Bluesky formation and tested at a gross rate of 2.65 MMcf/d (441 BOED). The Company estimates that the well will initially produce in the range of 1.2 Ð 1.5 MMcf/d gross (200 - 250 BOED) once the gathering system has stabilized. The Company aims to have this well on production by mid November 2008. The well has other prospective uphole zones in the Notikewan and Paddy formations which will be evaluated at a later date.

International Sovereign Energy Corp. is an oil and gas exploration development and production company that is active in the exploration and development of hydrocarbon reserves in Western Canada and internationally.

For further information, please contact:

Eugene Hretzay
Chief Executive Officer
Tel:(416) 508-3472
ehretzay@isove.com

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.

Forward-looking statements: This news release contains certain forward-looking statements, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of these events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Additional information on the Company's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forwardlooking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.


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