Iteration Energy Ltd (ITX). announces that on March 30, 2007 it filed its Annual Information Form for the year ended December 31, 2006



    CALGARY, April 2 /CNW/ - Iteration Energy Ltd.(TSX-ITX) announces that on
March 27, 2007 it filed its Annual Information Form for the year ended
December 31, 2006, which includes Form 51-101F1 - Statement of Reserves Data
and Other Oil and Gas Information, Form 51-101F2 - Report of Reserve Data by
Independent Qualified Reserves Evaluator and Form 51-101F3 - Report of
Management and Directors on Oil and Gas Disclosure. The Annual Information
Form can be found for viewing by electronic means on the System for Electronic
Document Analysis and Retrieval at www.sedar.com. They are also available on
the Company website at www.iterationenergy.com.

    The TSX has not reviewed this press release and does not accept
    responsibility for the accuracy of any of the data presented here-in.

    %SEDAR: 00002576E




For further information:

For further information: Mr. Brian Illing, President and CEO, or Mr.
Sean Johnson, CFO at (403) 261-6883

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ITERATION ENERGY LTD.

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