The price of oil and gas has always been the priming agent to extracting domestic supplies that were once considered economically unreachable. Now, oil and gas prices are at the needed price level, and many smaller companies are taking advantage. Some may still be planning to take advantage, while others are already there and counting their coins.
Indigo-Energy Inc, A Nevada registered energy explorer, driller and marketer works to exploit new and existing oil and gas leases in the Upper Devonian sand formations of Kentucky, West Virginia and Pennsylvania. Each of the company’s leaseholds has been tested and are considered to offer significant reserves of oil and gas.
The company approaches its exploration, development and marketing programs from a very practical point of view. Nothing is haphazard, and no move made without first having all aspects of the proposed well sites understood and in place before drilling begins. The company has arranged over $6 million in funding for current operations and is in the process of seeking additional funding for acquisition of additional leases. Successful testing on several of the company’s sites was completed (most certified by US agencies). Favorable contracts have also been put in place for transportation and delivery of gas and oil products.
As a result of Indigo-Energy’s solid planning efforts, a steady revenue stream has been established. Since drilling began in 2006, the company has been on target for adding 30 wells in the region along with transit systems to the nearby Dominion gas line. As with all other aspects of the company’s growth, “practical” planning methods used at each of these well locations has been laid out with the future in mind. Adjacent properties are being considered and may be added as conditions permit. Infrastructure is in place at little expense to the company with gas and oil production underway. Many development companies are on their way toward production, but Indigo-Energy is there.
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