Dutton Associates Rated Index Oil and Gas Inc. (IXOG.OB) with a “Speculative Buy”
Index Oil and Gas is a company based out of Houston, Texas. The recently established oil and gas exploration and production company has several producing properties in Texas, Louisiana, and Kansas. Their successful drilling track record and carefully crafted operational strategy creates a sophisticated risk-management system. The independent research company is expecting sales to grow rapidly because of Oil Company’s experienced management team, growing prospective inventory in key basins, and favorable market sector outlook. They believe Index Oil and Gas should turn cash-flow positive and experience rapid growth in the longer term. They concluded the research report stating a $1.80…
