International TME Resources Inc. Announces a New Oil Field Discovery on its PEL 100 ORRI

DALLAS——(BUSINESS WIRE)—Wednesday, November 14, 2007—International TME Resources Inc., (OTC:ITME — News) is pleased is pleased that the operator of the PEL 100 Permit (145,569 Gross Acres) located in the Cooper-Eromanga Basin in South Central Australia reports a new oil field discovery.

The Cleansweep No. 1 (Stuart Petroleum) well flowed at a rate of more than 400 barrels of oil per day on the drill stem test.

The oil flowed from the Birkhead Formation at about 6,900 feet. Based on results of the D.S.T. and log analysis, the Cleansweep No. 1 will be cased and suspended pending completion as a new oil field producer from the basal Birkhead Formation.

Australia
ITME has onshore royalty and working interest holdings in 4,281,123 acres in the Cooper-Eromanga Basin in South Australia. Offshore Australia royalty interest in the Gippsland Basin total 370,572 acres.

Texas
ITME is in a joint venture to explore and develop a heavy oil project located on 33,963 acres, more or less, in Edwards Co., Texas. Currently, a coring program is underway to determine the feasibility of a pilot production program.