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Indigo-Energy Inc. Drills Third Well; ''Third Oil & Gas Well Successfully Drilled''

Posted on: Thursday, 20 July 2006, 12:01 CDT

Indigo-Energy, Inc. (OTC:IDGG) announced today that the company has successfully drilled their third oil and gas well in Monongalia County, West Virginia. The company is in the process of analyzing the well results with an on-site geologist and will make an appropriate announcement in the near future.

About Indigo-Energy Inc.

Indigo-Energy, Inc. is a Nevada corporation that owns 420 acres of mineral right leases (excluding coal) in Greene County, Pennsylvania and Monongalia County, West Virginia. Indigo-Energy, Inc. is in the business of drilling for natural gas and oil.

Safe Harbor: 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.

Source: Business Wire

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