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News Releases Monday, January 15, 2007 International TME Resources, Inc. Increases Size of Mega West to 20,000 Acres Dallas, Texas, —(BUSINESS WIRE)— Monday, January 15, 2007 — International TME Resources Inc. (OTC:ITME — News) is pleased to report the acquisition of an additional 1,116 acres for the Mega West Project. The project now consists of 20,666 acres, more or less. Additional acreage is being acquired. The joint venture partners are finalizing locations for the core tests, and the joint venture group has acquired significant additional capital and hired a project manager and support personnel. Core Drilling is now expected to commence during February/March 2007. The project acreage is projected to contain more than 48 Million Barrels of recoverable oil per each 640-acre section. Total recoverable reserves are now estimated in excess of 1.4 Billion Barrels of oil. International TME Resources, Inc. retains a carried 30% Net Profits Interest in the Project. Trinity Sands Energy, LLC has the right to earn a 50% interest in the project by meeting certain funding schedules. For the BoardAllen White, President International TME Resources Inc. 6370 L.B.J. FRWY., Suite 174 Dallas, TX 75240 972.458.7013 Symbol: ITME Web: www.tmeresources.com This document contains forward-looking statements within the meaning of Section 21 E of the Securities and Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ for reasons that include but are not limited to political and economic conditions in the countries in which the Company does or intends to do business, regulatory action, product pricing, change in drilling schedules and competitive market conditions. These forward-looking statements represent the Company's best judgment at the date of this document and any changes in assumptions or external factors could produce significantly different results. |
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