International PetroReal Oil Corporation announces receipt of computer forensic acquisition and verification report



    CALGARY, Sept. 11 /CNW/ - International PetroReal Oil Corporation (TSX-V:
IPO) ("PetroReal" or the "Company") received on September 10, 2008, a computer
forensic acquisition and verification report (the "Report") from Duart
Computer Forensics ("Duart"). All computers belonging to PetroReal were picked
up by Duart on August 8, 2008 in order to conduct an acquisition and
verification process on each computer.
    A new board of directors for PetroReal was elected at the annual general
meeting of shareholders on August 7, 2008. After the annual general meeting,
the new directors of PetroReal attended at the corporate premises to discover
that all the computers, except for one, had been "scrubbed" of their data
(excluding accounting software data) on the instructions of the former
President, Mark Hlady. Duart was contacted immediately to acquire a computer
forensic image of all computers.

    
    The Report received confirms the following:

    -   the computers (except for one laptop) were wiped of their data using
        a software which wipes computer hard drives to the U.S. Department of
        Defence standards;
    -   data was copied to an external hard drive on the file server; and
    -   preliminary analysis indicates that back-ups may have been conducted
        as well as the presence of some fragmentary evidence on the file
        server and specifically identified computers but further analysis is
        required to confirm.
    

    PetroReal has information that instructions were given to Caffeinated
Computer Consulting Inc. by Mark Hlady, former President of PetroReal, to
scrub the computers located at PetroReal's Calgary office. The Company has
been informed that the only back-up of this data is in the possession of Mark
Hlady. A demand has been sent to Mark Hlady on August 15, 2008 through his
counsel for the return of the back-up data. To date no response has been
received.
    The computer data that remained or was recovered by the Company included
a working copy of Wolfpac which had all the accounting information for the
Company and all technical well licence information. In the opinion of the
Company, information necessary for the operation of the Company is in place.

    About International PetroReal Oil Corporation

    The Company is a Calgary-based, emerging, TSX Venture Exchange listed
company that is focused on exploration, development, and production of crude
oil and natural gas, primarily in North America. The Company's operations are
located in central and southern Alberta, southwestern Saskatchewan, and
Louisiana in the USA.

    Forward-Looking Statements

    This news release contains statements about oil and gas production and
operating activities that may constitute "forward-looking statements" or
"forward-looking information" within the meaning of applicable securities
legislation as they involve the implied assessment that the resources
described can be profitably produced in the future, based on certain estimates
and assumptions. Forward looking statements are based on current expectations,
estimates and projections that involve a number of risks, uncertainties and
other factors that could cause actual results to differ materially from those
anticipated by the Company and described in the forward-looking statements.
These risks, uncertainties and other factors include, but are not limited to,
adverse general economic conditions, operating hazards, drilling risks,
inherent uncertainties in interpreting engineering and geologic data,
competition, reduced availability of drilling and other well services,
fluctuations in oil and gas prices and prices for drilling and other well
services, government regulation and foreign political risks, fluctuations in
the exchange rate between Canadian and US dollars and other currencies, as
well as other risks commonly associated with the exploration and development
of oil and gas properties. Additional information on these and other factors,
which could affect the Company's operations or financial results, are included
in the Company's reports on file with Canadian securities regulatory
authorities. We assume no obligation to update forward-looking statements
should circumstances or management's estimates or opinions change unless
otherwise required under securities law.

    
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this press
    release.
    





For further information:

For further information: visit the Company's website at
www.petroreal.com or contact: Ernst Schlotter, President and Chief Executive
Officer, Email: research@sism.com, Address: No.444, 505 - 8th Avenue S.W.,
Calgary, Alberta, T2P 1G2, Tel: (403) 269-2044, Fax: (403) 269-2042

Organization Profile

INTERNATIONAL PETROREAL OIL CORPORATION

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