About Index / Overview

The Company's goal is to generate increasing reserves and cash flow from a portfolio of moderate and higher risk prospects, while maintaining a strong upside and potentially building excellent value for shareholders. Management will also pursue appropriate opportunities to acquire or merge with businesses that share Index's risk-balanced approach to drilling opportunities and whose assets will enhance the Company's growth and shareholder value.

Results of Fiscal Year that ended on March 31, 2008:

• Revenue up 273% over FY 2007
• Production up 255%
• Reserves up 100%

Recent Summary

• Sustained history of drilling success rates while pursuing higher-
  impact prospects
• Now entering a key phase of development, with higher-impact wells comprising the major part of the drilling portfolio
• Debt-free
• Operating cash positive. Expects to be earnings positive at the close of its current Fiscal Year ending March 31, 2009
• Blue chip management team has extensive U.S. and worldwide expertise
• $2.77 million raised in February 2008, through a private placement of common stock with warrants

Key Strength

Access to strong off-market deals where participation in projects results from existing relationships with its operating partners. Index's highly experienced management team screens these deals and selects quality projects with the best chance of adding meaningful reserves to the portfolio.