Lightning-1 Helps Prove Possible 23 Million Barrel or Approx. $1.4 Billion Dollar Oil Field Potential on International TME Resources Inc. ORRI

Dallas, Texas, (BUSINESS WIRE) Tuesday, April 18, 2006 — International TME Resources Inc. (OTC:ITME - News) is pleased to announce that the operator for the PEL 115 Joint Venture advises that after completing the drilling of another successful development well at Mirage-4 on TME's ORRI under PEL 115, located in the prolific Cooper/Eromanga Basin, the rig was ordered to move approximately 2.5 miles northeast of the Mirage-4 well and drill a wildcat well to test the boundaries of the Mirage Oil Field. The PEL 115 operator reports that oil shows were observed in the Murta Formation over the 14 meter interval from 1,317 to 1,331 meters as observed from cuttings fluorescence.

An open hole Drill Stem Test No.1 was carried out over the interval 1,312 to 1,325 meters. The Murta section has been tested in the Upper part of the reservoir and the test results from this section are considered to be positive. The Murta reservoir section and hydrocarbon shows continue below the tested interval and the reservoir has been confirmed as the same gross thickness of fifteen meters as that encountered in the Mirage wells.

These results support the model that the Murta reservoir contains oil over the Greater Mirage area the exploitation and development potential of which will be evaluated following the Jindivik 1 exploration well.

Lightning-1 has successfully tested the Greater Mirage Murta oil pool concept of a potential 23 million barrels of oil in place or approximately $1.6 Billion Dollars (using current market prices) over the Mirage-Lightning area.

TME Is Currently Receiving ORRI Revenue Checks From The Mirage Oil Field And Anticipates Growing Revenues
Mirage-1 was discovered in 2004 and began oil production in January 2005. The Mirage-1 well produces approximately 400 BOPD from the Murta Formation and has produced over 37,000 barrels of oil to date. Mirage-2 was spudded in Feb 06 and is being completed as a Murta Formation oil well. Mirage-2 is currently shut-in pending the arrival of a swabbing unit to swab the well in for production testing. The Mirage-3 well spudded in March 06 and will be completed as a Murta oil producer after having successfully completed Drill Stem Test (DST) No.1 at an estimated flow rate of 324 barrels of oil per day. Mirage-4 confirms the extension of the Mirage oil field and will be completed as a Murta oil producer.

If the production testing of Mirage-2, Mirage-3, Mirage-4 & Lightning-1 on the Mirage Oil Field is successful, as we hope it will be, we should see an increase in production from the current 400 barrels of oil per day from the Mirage-1 to a possible target of approximately 1,000 +/- barrels of oil per day. Any increase in oil production from the Mirage Oil Field would be timely in this current time of high oil prices.

About TME:
The company has royalty interests in more than 4,651,695 acres located in two-world class petroleum basins in Australia, the Cooper-Eromanga Basin and the Gippsland Basin.

Substantial holdings have been acquired in two world class petroleum basins. The Cooper-Eromanga Basin (Onshore) located in the state of South Australia and the Gippsland Basin (Offshore) located in the Bass Straits and offshore to the State of Victoria.

Offshore
The Company has acquired royalty holdings in 370,572 acres in the Gippsland Basin. This Basin contains some of the largest fields in the world and wells that are world record Producers. One well in the Halibut Field has produced 60 million bbls. of oil - a world record. Many TCF of natural gas have been produced from fields in this Basin.

Onshore
The Company has acquired royalty and working interest holdings in 4,281,123 acres in the Cooper-Eromanga Basin. To date, this Basin has produced a total of 11 Trillion cubic feet of natural gas and 450 million barrels of oil have been discovered. Since the first gas discovery in 1963, a total of 123 gas fields and 58 oil fields have been discovered.

Texas
ITME has entered into a joint venture to develop a heavy oil and natural gas project in southwest Texas. A total of 13,500 acres, more or less have been acquired in the prospect MEGA WEST AREA. Multiple Marble Falls Reefs have been mapped at a depth of 4,200 feet and the first site to be drilled will offset a mapped high to two old gas wells that produced .25 BCF per well. Cores will be taken in the Trinity Oil Sands at a depth of 1,000+,- feet over an interval of more than 70 feet. These cores will provide an update to previous old cores which verified the existence of the Trinity Oil Sand oil saturation. 65% oil saturation, 30% porosity and thousands of millidarcys of permeability were measured. ITME will earn a carried 30% net profits interest in the project and will manage the operation. The company's consulting geologist projects a multi-million barrel recoverable potential for the project.