Indigo-Energy, Inc. Drills Additional Wells And HUB Energy, LLC is Indigo's Oil & Gas Operator.HENDERSON, Nev. -- Indigo-Energy, Inc. (IDGG) announced today that the company has successfully drilled twenty-seven oil and gas wells in specific locations in the Appalachian Basin in Pennsylvania, Kentucky and West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. under participation agreements with drillers and operators proficient in the developed area. Additional oil and gas leases have been successfully negotiated outside the original 420-acre tract in West Virginia where three oil and gas wells have been drilled. To date, Indigo now has fourteen wells drilled in Clearfield, Armstrong, Westmoreland and Indiana counties in Pennsylvania The following is a list of the sixty-seven counties of the Commonwealth of Pennsylvania in the United States of America. The city of Philadelphia is coterminous with Philadelphia County, and governmental functions have been consolidated since 1854. , eight oil and gas wells in Harrison and Monongalia counties in West Virginia and five oil and gas wells in Magoffin County, Kentucky Magoffin County is a county located in the U.S. state of Kentucky which was formed from parts of Floyd, Johnson, and Morgan Counties and officially created on 22 Feb 1860. As of 2000, the population is 13,332. Its county seat is Salyersville6. . The working interest in the wells range from 60% to 87.5% . The subsequent events work detailed in the Company's Form 10-QSB filed on February 28, 2007 discusses the certain economic arrangements with respect to each of the wells. Additionally, an "Advisory Service Agreement" with HUB Energy, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("HUB") of Indiana, PA to provide turnkey services in connection with the Company's expanded exploration and development of certain oil and gas prospects in Pennsylvania, West Virginia, Kentucky and Illinois is in place. About HUB Energy, LLC HUB Energy, LLC is an Indiana, PA based company that will provide exclusive oil and gas exploration advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal on behalf of Indigo-Energy, Inc. President Mark Thompson This article is about the Director-General of the BBC. For other individuals with the same name, see Mark Thompson (disambiguation) Mark Thompson (born July 31 1957) is Director-General of the BBC, a post he has held since 2004, and a former chief executive of Channel 4. , also President and owner of Mid-East Gas Company in Indiana, PA states, "HUB has entered into an agreement with Indigo-Energy to jointly develop oil and gas properties in a number of states where I have had various business partners and contacts in the oil and gas industry for the last thirty years." HUB Energy, LLC will secure leases, acquisitions and drilling prospects in the oil and gas business in a number of states outside Indigo's initial lease holdings in West Virginia. About Indigo-Energy, Inc. Indigo-Energy, Inc. is an independent Nevada energy company, engaged in the drilling, development, production and acquisition of certain oil and gas reserves located in the Upper Devonian sand and shell formations in Pennsylvania, West Virginia, Kentucky, and the New Albany New Albany, city (1990 pop. 36,322), seat of Floyd co., S Ind., near the falls of the Ohio River opposite Louisville, Ky.; inc. 1819. The city was a shipbuilding center in the 19th cent., and the riverboats Robert E. Lee and Eclipse were built there. Shale formation in Johnson County, Illinois Johnson County is a county located in the U.S. state of Illinois. As of 2000, the population is 12,878. Its county seat is Vienna, Illinois6. Geography According to the U.S. Census Bureau, the county has a total area of 904 km² (349 mi²). . This involves drilling of developmental oil and gas wells at the different program sites on proven reserves, purchase of existing producing oil and gas wells and the purchase of existing oil and gas leasehold interests. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. : Statements contained in this press release that are not based upon current or historical fact are forward looking in nature. Such forward- looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties, and events that may be beyond the control of Indigo-Energy, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include but are not limited to the ability to successfully complete drill projects, adapt to changes in technology, and energy competition. |
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