Ignis Petroleum steigt und steigt , 50% mindestens - 500 Beiträge pro Seite

[hasi22]

Neu etdeckt und steigt alle Tag !!!

Distanz zu Jahreshöchst noch über 50 %%%%%%%

Ignis Petroleum Signs Binding Contract to Participate in Crimson Bayou Prospect
Monday February 6, 8:00 am ET

DALLAS--(BUSINESS WIRE)--Feb. 6, 2006--Ignis Petroleum Group, Inc. (OTCBB:IGPG - News) is pleased to announce it has signed a definitive participation agreement and operating agreement with Range Production Company (NYSE:RRC - News) to drill the Crimson Bayou prospect located in Iberville Parish, Louisiana. If successful, the prospect could hold oil and gas reserves in excess of 30 billion cubic feet of gas equivalent and could require several additional wells to develop the full potential of the prospect.

[hasi22]

erholt sich heute wie viel andere Oelwerte

Last Trade: 1.15
Trade Time: 12:49PM ET
Change: Up 0.09 (8.49%)

[mm4882]

Das kommt immer auf die Sichtweise an - ich habe die Aktie noch zum Kurs 1,50 gekauft (Dezember) als ich den Tipp von ZACKS - InvesterRelations (2 Monatskursziel USD 5)- bekommen habe, seitdem ist er nur gefallen, vom NASDAQ "delisted" und in den Pinsheets aufgenommen worde - was für ein Erfolg, man sollte also etwas über den "Rand" sehen!

[hasi22]

[posting]20.326.487 von mm4882 am 22.02.06 15:31:31[/posting]Das versuche ich natürlich, indem ich gerade bemerke, dass der Titel nun 50% tiefer ist. Trotzdem danke ich für die warnenden Worte.
Bis Du der Meinung, dass dieser neue Kontrakt wertlos ist ?
beste Grüsse Hasi

[mm4882]

Wertlos sicherlich nicht, denke dass ein 1 Jahresziel für 3 USD realistisch ist, jedoch gibt es einige Probleme - da erst seit kurzem auch Einnahmen fließen, dass die Beteiligungen an den Ölfeldern 10-60% sind, keine eigenen, dass die Operation Costs seit ca 2 Jahren laufen, und noch nicht gesichert ist, dass es ein weitergehen gibt, da die einzige Finanzierungsform neue Aktien sind, da die Firma keine Darlehen/Kredite bekommt, daher besteht ein doch deutliches Risiko.
Da ich selber 1/2 Jahr in Texas (sogar Dallas und Houston) war, kenne ich auch dort die Gepflogenheiten etwas und weiß, wie schwer es ist sich dort ohne wirklicher Assets zu finanzieren.
Wie gesagt, sollte der Break Even nicht bald erreicht werde (und davor gibts sicherlich keine großen Kurssprünge), und das Geld ausgehen, ohne erneutes herein zu bekommen, denke ich, dass es zu einer Chapter 11 kommen wird, und dann sind die Aktien endgültig wertlos. Wie hoch das Risiko ist, kann glaub ich derzeit keiner beurteilen, ich bleibe aber dabei und hoffe, dass es gut geht, und eine Kursvervielfachung innerhalb des nächsten Jahres eintritt.

[merenge]

Ich denke schön langsam kommt da etwas

[hasi22]

Jetzt geht's los schon +19%%% in den Staaten

gnis Petroleum Announces Production in Barnett Shale
Wednesday April 19, 8:00 am ET

DALLAS--(BUSINESS WIRE)--April 19, 2006--Ignis Petroleum Group, Inc. (OTCBB:IGPG - News) announced today that the Inglish Sisters #3 well in the Barnett Shale has begun production after a successful completion. The Inglish Sisters #3 began recording revenue on April 7, 2006 and, as of April 17, 2006, has produced 1,300 barrels of oil and 7.1 million cubic feet of gas. Ignis holds 12.5% of the working interest, which is equal to a 9.375% net revenue interest, in the well before payout and 10% of the working interest, which is equal to a 7.5% net revenue interest, after payout. Ultimate recovery and reserve estimates will be determined based on an analysis of production data obtain during the next several months. The well is located in Cooke County, Texas and Rife Energy Operating, Inc. of Fort Worth, Texas is the operator.

http://biz.yahoo.com/bw/060419/20060419005234.html?.v=1

[hasi22]

Erholung in den Staaten,

Last Trade: 1.00
Trade Time: 11:39AM ET
Change: Up 0.16 (19.05%)

Grund:
Ignis Petroleum Agrees to Participate in Sherburne Field Development Prospect
Wednesday May 10, 8:00 am ET

DALLAS--(BUSINESS WIRE)--May 10, 2006--Ignis Petroleum Group, Inc. (OTCBB:IGPG - News) is pleased to announce that it has entered into a definitive participation agreement to drill the Sherburne Field Development prospect, located in Pointe Coupee Parish, Louisiana. Under the terms of the agreement, Ignis will pay 15% of the drilling, testing and completion costs. Upon completion Ignis will earn a 15% working interest in the well before payout and an 11.25% working interest in the well after payout. Rodessa Operating Company, Inc. of Corpus Christi, Texas, has been designated as operator of the prospect.

[hasi22]

mit steigendem Oelpreis kommt auch Ignis wieder (endlich)

[Charles01]

Mit Millionenverlusten läßt sich nur kein Anleger hinterm Ofen hervorlocken! :O

[brettonwoods]

Hier gibt es Interview von Börsenradio Network mit Philipp Buschmann, dem COO von Ignis Petroleum http://www.goldinvest.de/public/count_document.asp?y=7367&do… ist auf Deutsch

Gruß

[fireball69]

Ignis steigt heute schon wieder mit 20%!!!!!

[RiscTec]

Was ist denn jetzt los ?
Ich hatte mich schon mit IGPG als Depotleiche abgefunden aber anscheinend ist an den Gerüchten doch etwas dran.
Pari bei 0,33 US$ wären schon 0,25 Euro !!
Das wird ja doch noch etwas...

[beacker38]

!

Dieser Beitrag wurde moderiert.

[MadMod]

[hasi22]

Last Trade: 0.0071
Trade Time: 2:57PM ET
Change: 0.0026 (57.78%


bin zwar nicht mehr dabei

[candan]

endlich wieder frei!!!

[candan]

ich hab schon probiert einen neuen thread aufzumachen

[candan]

ging leider nicht

und der alte konnte nicht reaktiviert werden

[candan]

ist die aktienzahr glaubhaft?
und warum ist der kurs in den letzten monaten so eingebrochen?

leider kann ich keine gründe finden außer das die presseabteilung wohl seit herbst urlaub hat.


gez candan

[candan]

Ignis Petroleum Group, Inc. to Purchase Acreage and Producing Well in Bienville Parish, Louisiana
DALLAS, TX--Sep 7, 2007 -- Ignis Petroleum Group, Inc. (OTC BB:IGPG.OB - News) ("Ignis"), an oil and gas company with operations focused in the acquisition, exploration and development of crude oil and natural gas positions in the onshore U.S. Gulf Coast and Mid-Continent areas, today announced that it has agreed to acquire all of the acreage and producing properties currently held by Anadarko Petroleum Corporation within the Liberty Hills prospect area, located in Bienville Parish, Louisiana. Upon closing, the effective date of the transaction will be April 1, 2007. Ignis will operate the property.

Ignis will pay a purchase price of $3 million in cash, before customary closing adjustments. The consummation of the agreement is subject to standard closing conditions. The transaction is scheduled to close on or before September 28, 2007. Ignis is in the process of finalizing its due diligence and financing.

Ignis will be acquiring more than 11,900 gross acres and one producing well, the Martin Timbers 9-1, which is currently producing natural gas from the Vaughn and Cadeville sands within the Upper Cotton Valley ("UCV") formation. The acreage is covered by a recent 3D-seismic survey. Ignis will focus its development efforts on the UCV, which has both proven and prospective potential in various fault blocks within the acreage. Ignis may seek a working interest partner to further develop the property.

Michael P. Piazza, Ignis President and Chief Executive Officer, said, "We are excited to acquire this asset as we continue to focus on achieving our long-term growth targets. This acquisition is the largest in our Company's history and a major step as we endeavor to increase reserves and production, and build value for our shareholders. Additional details regarding the development plan will be forthcoming after we close the transaction."

About Ignis Petroleum

[candan]

ich hab gerade mal die hompage von ignis aufgerufen

mir ist bis eben nicht aufgefallen das die ne deutsche seite haben.

vorallem ist die d seite wesentlich übersichtlicher als die englische


komisch

[candan]

Antwort auf Beitrag Nr.: 34.045.119 von candan am 07.05.08 11:48:32

ich bin seit etwa 1 monat investiert

mal schauen was die zukunft bringt

[candan]

geht doch

[candan]

http://de.advfn.com/p.php?pid=staticchart&s=NB%5EIGPG&p=0&t=…



+12,86%

[candan]

0,009 RT

[tillessensee]

keiner mehr hier ?

[candan]

klar

hab gestern meine position ausgebaut jetzt kann s wieder nach oben gehn

[candan]

igpg ist eine der wenigen aktien wo ich keine bedenken habe das es bald wieder hoch geht

[candan]

die zahl der aktien ist seit monaten stabil nich so wie bei anderen klitschen 57 mil

[candan]

wenn es dann auch noch genug käufer gibt

gehts los

[tillessensee]

Antwort auf Beitrag Nr.: 34.378.717 von candan am 26.06.08 11:28:02

[candan]

auf gehts

[candan]

na keiner zu einem kleinen info austausch bereit?

[candan]

hallooooooooooooooooo

[candan]

bewegung

[candan]

[candan]

wo sind die interessierten?

[Stan.Laurel]

FRomm the ami thread

You guys are right on. They gained more ownership in more well in the last quarter of last yr and the 1st qrt of this year. Overhead should have stayed relatively the same and as oil prices continued to rise their revenue will have as well.

We have yet to see the effect the oil prices will play on these smaller companies. The balance sheets you are looking at are still based on oil being priced around the $70-$90 range. That alone could indicate a second quarter earnings report up anywhere from 20% concavity, to 50%. In addition when you calculate out the current net assets of IGPG against outstanding shears you will see the stock is very under priced and has been for a while. That’s mainly due to two thing; pumpers from the past and a hard headed TX leadership that does not speak up about their business. The only thing that will move this stock is its earning and I personally think right now is a good time to think about getting into IGPG if you are not already. We should see some good news by mid Aug. FYI, I am not a pumper and I am not on any other boards, this is simply my opinion on IGPG and I do put my money where my mouth is.

[candan]

FRomm die ami fädeln Sie Kerle ein, sind darauf richtig. Sie gewannen mehr Eigentumsrecht an mehr gut im letzten Viertel letzt Ihr und der 1. qrt dieses Jahres. Oben sollte relativ dasselbe geblieben sein, und weil Ölpreise fortsetzten sich zu erheben, werden ihre Einnahmen ebenso haben. Wir müssen noch die Wirkung sehen, die die Ölpreise auf diesen kleineren Gesellschaften spielen werden. Die Bilanzen, auf die Sie schauen, beruhen noch auf Öl, das um den 70. anordne wird bewertet. Dieser allein konnte einen zweiten Viertel-Einkommensbericht irgendwo von 20-%-Konkavität zu 50 % anzeigen. Außerdem, wenn Sie rechnen, das gegenwärtige Nettovermögen von IGPG gegen hervorragend mäht Sie werden sehen, dass das Lager sehr unter bewertet ist und eine Zeit lang gewesen ist. Das & # 8217; s hauptsächlich wegen zwei Dings; pumpers von der Vergangenheit und einem harten führte TX Führung an, die über ihr Geschäft nicht spricht. Das einzige Ding, das dieses Lager bewegen wird, ist sein Verdienen, und ich denke persönlich in diesem Augenblick ist eine gute Zeit, um an das Kommen in IGPG zu denken, wenn Sie nicht bereits sind. Wir sollten einige gute Nachrichten durch die Mitte Aug sehen. FYI, ich bin nicht ein pumper, und ich bin nicht auf irgendwelchen anderen Ausschüssen, das ist einfach meine Meinung auf IGPG, und ich lege wirklich mein Geld an, wo mein Mund ist.

[candan]

geile übersetzung

[candan]

Ignis Petroleum Group, Inc. to Purchase Acreage and Producing Well in Bienville Parish, Louisiana
DALLAS, TX--Sep 7, 2007 -- Ignis Petroleum Group, Inc. (OTC BB:IGPG.OB - News) ("Ignis"), an oil and gas company with operations focused in the acquisition, exploration and development of crude oil and natural gas positions in the onshore U.S. Gulf Coast and Mid-Continent areas, today announced that it has agreed to acquire all of the acreage and producing properties currently held by Anadarko Petroleum Corporation within the Liberty Hills prospect area, located in Bienville Parish, Louisiana. Upon closing, the effective date of the transaction will be April 1, 2007. Ignis will operate the property.

Ignis will pay a purchase price of $3 million in cash, before customary closing adjustments. The consummation of the agreement is subject to standard closing conditions. The transaction is scheduled to close on or before September 28, 2007. Ignis is in the process of finalizing its due diligence and financing.

Ignis will be acquiring more than 11,900 gross acres and one producing well, the Martin Timbers 9-1, which is currently producing natural gas from the Vaughn and Cadeville sands within the Upper Cotton Valley ("UCV") formation. The acreage is covered by a recent 3D-seismic survey. Ignis will focus its development efforts on the UCV, which has both proven and prospective potential in various fault blocks within the acreage. Ignis may seek a working interest partner to further develop the property.

Michael P. Piazza, Ignis President and Chief Executive Officer, said, "We are excited to acquire this asset as we continue to focus on achieving our long-term growth targets. This acquisition is the largest in our Company's history and a major step as we endeavor to increase reserves and production, and build value for our shareholders. Additional details regarding the development plan will be forthcoming after we close the transaction."

About Ignis Petroleum

Ignis Petroleum Group, Inc is a Plano, Texas-based oil and gas company focused on exploration, development and production of crude oil and natural gas reserves primarily in the onshore areas of United States Gulf Coast and Mid-Continent. The Company's management has closely aligned itself with strategic industry partners and is building a diversified energy portfolio. For more information, visit www.ignispetroleum.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans, and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional funding, the availability of needed personnel and equipment for future exploration and development, fluctuations in oil and gas prices, and general economic conditions.



Contact:

Michael P. Piazza
972-526-5250

[candan]

Nine-Month Operations Report: Ignis Barnett Shale Drills Nine Wells And Increases Net Production By 35%
DALLAS, Texas, June 1, 2007 – Ignis Petroleum Group, Inc., (OTCBB: IGPG), today provided the following operations and production update.

St. Jo Ridge (Barnett Shale) Field

Our program with W. B. Osborn Oil & Gas Operations ("WBO") to develop the field located in Montague and Cooke Counties, Texas, continues to progress and add to production. WBO owns 55% of the working interest and Ignis Barnett Shale, LLC ("IBS"), a partnership owned by Ignis Petroleum Group, Inc. and Silver Point Capital, owns 45%. The following are selected highlights:

As of the effective date, June 1, 2006, there were 14 producing wells.
Since June 1, 2006, we have drilled and completed 9 additional wells and now have 23 wells producing oil and gas. In addition, we have one well drilling and one well awaiting completion.
Gross production averaged 402 bopd and 3,115 mcfd in the first quarter. Net production to IBS's position averaged 128 Bopd and 948 Mcfd in the first quarter 2007 compared with 92 Bopd and 722 Mcfd in the fourth quarter, an increase of 35% on a barrel of oil equivalent basis.
IBS also derives revenue from its 45% ownership in the 26-mile gas gathering and treating system, which transports third-party gas in the area. Gross throughput to the plant was steady at an average 3,540 Mcfd in the first quarter 2007, compared with 3,679 Mcfd in the fourth quarter 2006.
To date, we have drilled four horizontal wells with three wells presently producing oil and gas and one well in completion.
As reported earlier this year, we completed the purchase of additional working interest in the Meador Ranch lease (721 gross acres) to increase our working interest to 22% from 11%. This acquisition included production from three existing wells.
Acom-A6 Well
The well located in Chambers County, Texas produced an average of 188 Bopd and 457 Mcfd in the month of April 2007. Through April 2007, the well had produced approximately 96,000 gross barrels of oil and 309 gross Mmcf of gas.
As previously reported, upon depletion of the currently producing interval, several additional prospective zones behind pipe will be considered for testing.
Ignis Petroleum Group, Inc. owns a 25% working interest in the well in which Denbury Resources is the operator pursuant to their purchase of Anadarko's interest in this well.
Sherburne Prospect
The Sherburne Field development prospect, located in Point Coupee Parish, Louisiana, is still undergoing testing.
Drilling was completed in September 2006, pipe was set and two intervals of interest were tested with non-commercial indications of gas.
The partners are currently considering an initiative to perforate and test another prospective interval, the 9,400' sand. This interval appears to have some water saturation from log analysis, but has produced a large volume of natural gas historically from a number of wells in the area; however, recently, the well has been inaccessible due to wet conditions in the area.
Ignis has a 15% before payout working interest in the well in which Rodessa Operating Company is the operator.
Barnett Shale Wells
The Inglish Sisters #3 well located in Cooke County, Texas continues to produce and has made approximately 6,000 gross barrels of oil and 50 gross million cubic feet of gas from the Barnett Shale since coming on-line last year.
Two additional wells, the Powell #1 and Powell #2 have been drilled and completed but have not yet produced in commercial quantities. We continue to investigate options in regard to these wells.
The Company has a 12.5% working interest in the wells in which ReoStar Energy is the operator.

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic
industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information.

For further information, visit http://www.ignispetroleum.com .


Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.

###

[candan]

ignis ist wohl doch ein geheimtip

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 12-Monats-Tief

Mit dem Rückfall auf 0,09 hat Ignis Petroleum Group Inc. am 03.Januar 2007 ein neues 12-Monats-Tief erreicht und notiert damit unter dem Niveau vom 29.Dezember 2006.

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 12-Monats-Tief

Mit dem Rückfall auf 0,08 hat Ignis Petroleum Group Inc. am 31.Mai 2007 ein neues 12-Monats-Tief erreicht und notiert damit unter dem Niveau vom 03.Januar 2007.

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 12-Monats-Tief

Mit dem Rückfall auf 0,08 hat Ignis Petroleum Group Inc. am 18.Juni 2007 ein neues 12-Monats-Tief erreicht und notiert damit unter dem Niveau vom 31.Mai 2007.


Wenn Sie wöchentlich eine klare Trend-Analyse mit konkreten Empfehlungen für Ignis Petroleum Group Inc. wünschen, sollten Sie Ignis Petroleum Group Inc. in Ihren persönlichen Infodienst Depot-TRENDS aufnehmen, den Abonnenten des Trendbrief Chartanalyst/Optionsbrief kostenlos erhalten. Neben vielen anderen Services können Sie dann auch den täglichen Ignis Petroleum Group Inc.-Trend-Check abrufen und erhalten zusätzlich unbegrenzten Zugriff auf die Trend-Checks für mehr als 5000 Aktien, Devisen, Zinsen und Rohstoffe.

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 12-Monats-Tief

Mit dem Rückfall auf 0,07 hat Ignis Petroleum Group Inc. am 19.Juni 2007 ein neues 12-Monats-Tief erreicht und notiert damit unter dem Niveau vom 18.Juni 2007.

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 12-Monats-Tief

Mit dem Rückfall auf 0,05 hat Ignis Petroleum Group Inc. am 25.Juni 2007 ein neues 12-Monats-Tief erreicht und notiert damit unter dem Niveau vom 21.Juni 2007

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 24-Monats-Tief

Mit dem Rückfall auf 0,01 hat Ignis Petroleum Group Inc. am 02.Januar 2008 ein neues 24-Monats-Tief erreicht und notiert damit unter dem Niveau vom 06.Dezember 2007

[candan]

Ignis Petroleum Group Inc. auf 24-Monats-Tief

Mit dem Rückfall auf 0,01 hat Ignis Petroleum Group Inc. am 09.Januar 2008 ein neues 24-Monats-Tief erreicht und notiert damit unter dem Niveau vom 08.Januar 2008.

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 24-Monats-Tief

Mit dem Rückfall auf 0,00 hat Ignis Petroleum Group Inc. am 13.März 2008 ein neues 24-Monats-Tief erreicht und notiert damit unter dem Niveau vom 11.Februar 2008.

[candan]

Ignis Petroleum Group Inc. auf 24-Monats-Tief

Mit dem Rückfall auf 0,00 hat Ignis Petroleum Group Inc. am 05.Mai 2008 ein neues 24-Monats-Tief erreicht und notiert damit unter dem Niveau vom 14.März 2008.

[candan]

As of Jul 10, 2008 6:19 PM ET
OTCBB IGPG $0.005 0.00 31.43%

Open: 0.003 Prev Close: 0.004
Day High: 0.005 Day Low: 0.003
Year High: 0.11 Year Low: 0.003
Volume: 1,980,143
Market Cap: $260,474
Outstanding: 52,094,728

[candan]

[candan]

AKTUELL 11.07.08 10.07.08

Aktueller Kurs 0,003 0,002

Währung EUR EUR

Kurszeit 08:40 08:43

Realtime

Differenz +0,001 (+50,00%) +0,000 ( +0,00%)

Eröffnungskurs 0,003 0,002

Tageshöchstkurs 0,003 0,002

Tagestiefkurs 0,003 0,002

Marktkapitalisierung 173,53 Tsd. 115,68 Tsd.

Letzter Schlusskurs 0,002 0,002

Schlusskurs-Datum 10.07. 09.07.

[candan]

AKTUELL 10.07.08 09.07.08

Aktueller Kurs 0,0046 0,0035

Währung USD USD

Kurszeit 21:52 21:38

Realtime

Differenz +0,0011 (+31,43%) +0,001 ( +25,00%)

Eröffnungskurs 0,003 0,003

Tageshöchstkurs 0,0054 0,004

Tagestiefkurs 0,003 0,003

Marktkapitalisierung 266,07 Tsd. 202,45 Tsd.

Letzter Schlusskurs 0,0035 0,003

Schlusskurs-Datum 09.07. 08.07.

Volumen 9.580,99 9,08 Tsd.

Gehandelte Stücke 2 Mio. 2,94 Mio.

Preisfeststellungen 41 22

[candan]

Aktueller Kurs 0,0046
Währung USD

Kurszeit 10.07. 21:52

STAMMDATEN
Name IGNIS PETROLEUM GROUP INC

Wertpapiertyp -

CDAX-Branche -

Ausgegebene Aktien 58 Mio. Stückaktien

[candan]

Detailed Quote for Ignis Petroleum Group Inc. (IGPG)
$ 0.0046 0.0011 (+31.43%) Volume: 0 15:52 EDT 10.07.2008













Today 5d 1m 3m 1y more
Last Price
0.0046
Change $
0.0011
Change %
31.43%
Tick


Bid
0.004
Bid Size
10000
Ask
0.005
Ask Size
5000

Open
0.003
High
0.0054
Low
0.003
Prev Close
0.0035

Last Trade
7/10/08
Volume
0
52 Wk Hi
0.11
52 Wk Low
0.0025

Market Cap
266.07 k
Ex-Div Date
N/A
Div Rate
N/A
Yield
N/A

Shares
57.84 m
EPS (TTM)
0.04
PE Ratio
0.10




Exchange
OBB

[candan]

Time & Sales
Price Size Exch Time
0.0046 50000 OBB 07/10
0.005 50000 OBB 07/10
0.005 5000 OBB 07/10
0.005 50000 OBB 07/10
0.005 5000 OBB 07/10
0.005 50000 OBB 07/10
0.0054 2300 OBB 07/10
0.0054 5000 OBB 07/10
0.0054 60000 OBB 07/10
0.005 40000 OBB 07/10
0.0051 100000 OBB 07/10
0.0054 100000 OBB 07/10
0.005 50000 OBB 07/10
0.005 50000 OBB 07/10
0.0054 5000 OBB 07/10
0.0054 10000 OBB 07/10
0.005 50000 OBB 07/10
0.005 118000 OBB 07/10
0.005 5000 OBB 07/10
0.005 5000 OBB 07/10
0.005 276000 OBB 07/10
0.0049 221000 OBB 07/10
0.005 20000 OBB 07/10
0.0049 20000 OBB 07/10
0.005 10000 OBB 07/10
0.0049 32000 OBB 07/10
0.005 32000 OBB 07/10
0.0049 35000 OBB 07/10
0.005 150000 OBB 07/10
0.005 10000 OBB 07/10

[candan]

http://app.quotemedia.com/quotetools/getChart?webmasterId=89…

[candan]

na immer noch niemand da

[candan]

wo ist denn die igpg gemeinde?

[candan]

wenn sich jemand beschweren will dann bitte

[candan]

aber irgendwie muss man die leute ja drauf aufmerksam machen

[candan]

ich beobachte ignis schon seit monaten

[candan]

und es gab keine verdächtigen aktien verwässerungen

[candan]

immer um die 58 mil st

[candan]

beim handel das gleiche

[candan]

nicht wie bei andern klitschen wo an einem tag mehr aktien gehandelt werden als es überhaupt gibt

[candan]

ich bin gestern noch mal eingestiegen

obwohl ich mein limit habe

[candan]

[candan]

so jetzt lieg es an euch

[candan]

wer wagt den zock

[candan]

MK bei ca 170000 €

[candan]

ca 58.000.000 ausgegebene aktien

[candan]

platz 37

[candan]

oder steckt doch euer geld in xcast

[candan]

die haben fast die gleiche anzahl an schares

nur alle denken es sind weniger

[candan]

http://web.s-investor.de/app/index.jsp?INST_ID=0001057

[candan]

[candan]

einfach mal drüber schlafen
es ist eure entscheidung

[candan]

was sind scho 170000

[candan]

Ignis Petroleum Group, Inc. to Purchase Acreage and Producing Well in Bienville Parish, Louisiana
DALLAS, TX--Sep 7, 2007 -- Ignis Petroleum Group, Inc. (OTC BB:IGPG.OB - News) ("Ignis"), an oil and gas company with operations focused in the acquisition, exploration and development of crude oil and natural gas positions in the onshore U.S. Gulf Coast and Mid-Continent areas, today announced that it has agreed to acquire all of the acreage and producing properties currently held by Anadarko Petroleum Corporation within the Liberty Hills prospect area, located in Bienville Parish, Louisiana. Upon closing, the effective date of the transaction will be April 1, 2007. Ignis will operate the property.

Ignis will pay a purchase price of $3 million in cash, before customary closing adjustments. The consummation of the agreement is subject to standard closing conditions. The transaction is scheduled to close on or before September 28, 2007. Ignis is in the process of finalizing its due diligence and financing.

Ignis will be acquiring more than 11,900 gross acres and one producing well, the Martin Timbers 9-1, which is currently producing natural gas from the Vaughn and Cadeville sands within the Upper Cotton Valley ("UCV") formation. The acreage is covered by a recent 3D-seismic survey. Ignis will focus its development efforts on the UCV, which has both proven and prospective potential in various fault blocks within the acreage. Ignis may seek a working interest partner to further develop the property.

Michael P. Piazza, Ignis President and Chief Executive Officer, said, "We are excited to acquire this asset as we continue to focus on achieving our long-term growth targets. This acquisition is the largest in our Company's history and a major step as we endeavor to increase reserves and production, and build value for our shareholders. Additional details regarding the development plan will be forthcoming after we close the transaction."

About Ignis Petroleum

Ignis Petroleum Group, Inc is a Plano, Texas-based oil and gas company focused on exploration, development and production of crude oil and natural gas reserves primarily in the onshore areas of United States Gulf Coast and Mid-Continent. The Company's management has closely aligned itself with strategic industry partners and is building a diversified energy portfolio. For more information, visit www.ignispetroleum.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans, and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional funding, the availability of needed personnel and equipment for future exploration and development, fluctuations in oil and gas prices, and general economic conditions.



Contact:

Michael P. Piazza
972-526-5250




------das waren die letzten news-----

[candan]

seit dem totenstille

[candan]

in d ist seit ewigkeiten kein handel mehr

[candan]

wo sind die mutigen?

[candan]

ich entschuldige mich schon mal für meine dauerpostings

aber irgendwie muss man ja igpg bekannt machen

[candan]

Antwort auf Beitrag Nr.: 34.484.623 von Stan.Laurel am 10.07.08 22:56:54

FRomm the ami thread

You guys are right on. They gained more ownership in more well in the last quarter of last yr and the 1st qrt of this year. Overhead should have stayed relatively the same and as oil prices continued to rise their revenue will have as well.

We have yet to see the effect the oil prices will play on these smaller companies. The balance sheets you are looking at are still based on oil being priced around the $70-$90 range. That alone could indicate a second quarter earnings report up anywhere from 20% concavity, to 50%. In addition when you calculate out the current net assets of IGPG against outstanding shears you will see the stock is very under priced and has been for a while. That’s mainly due to two thing; pumpers from the past and a hard headed TX leadership that does not speak up about their business. The only thing that will move this stock is its earning and I personally think right now is a good time to think about getting into IGPG if you are not already. We should see some good news by mid Aug. FYI, I am not a pumper and I am not on any other boards, this is simply my opinion on IGPG and I do put my money where my mouth is.





das ist von heute

[candan]

FRomm die ami fädeln Sie Kerle ein, sind darauf richtig. Sie gewannen mehr Eigentumsrecht an mehr gut im letzten Viertel letzt Ihr und der 1. qrt dieses Jahres. Oben sollte relativ dasselbe geblieben sein, und weil Ölpreise fortsetzten sich zu erheben, werden ihre Einnahmen ebenso haben. Wir müssen noch die Wirkung sehen, die die Ölpreise auf diesen kleineren Gesellschaften spielen werden. Die Bilanzen, auf die Sie schauen, beruhen noch auf Öl, das um den 70. anordne wird bewertet. Dieser allein konnte einen zweiten Viertel-Einkommensbericht irgendwo von 20-%-Konkavität zu 50 % anzeigen. Außerdem, wenn Sie rechnen, das gegenwärtige Nettovermögen von IGPG gegen hervorragend mäht Sie werden sehen, dass das Lager sehr unter bewertet ist und eine Zeit lang gewesen ist. Das & # 8217; s hauptsächlich wegen zwei Dings; pumpers von der Vergangenheit und einem harten führte TX Führung an, die über ihr Geschäft nicht spricht. Das einzige Ding, das dieses Lager bewegen wird, ist sein Verdienen, und ich denke persönlich in diesem Augenblick ist eine gute Zeit, um an das Kommen in IGPG zu denken, wenn Sie nicht bereits sind. Wir sollten einige gute Nachrichten durch die Mitte Aug sehen. FYI, ich bin nicht ein pumper, und ich bin nicht auf irgendwelchen anderen Ausschüssen, das ist einfach meine Meinung auf IGPG, und ich lege wirklich mein Geld an, wo mein Mund ist.





und die lustuge übersetzung

[candan]

schaut euch ignis einfach mal unverbindlich an

und endscheidet selbst

[candan]

http://de.advfn.com/p.php?pid=qkchart&cb=1208437142&symbol=N…

[candan]

scheint loszugehen

[candan]

viel glück allen investierten

[candan]

da sind wir doch gleich bei 1 ct

[candan]

für alle die welche geholt haben

gut gemacht

so kanns weiter gehen

[mastermind23]

Antwort auf Beitrag Nr.: 34.491.309 von candan am 11.07.08 18:28:18

Respekt! Guter Riecher!

[mastermind23]

Unglaublich das der Wert bisher nicht gelaufen ist.

Ölpreis weiter auf Rekordfahrt!

[mastermind23]

Antwort auf Beitrag Nr.: 34.491.309 von candan am 11.07.08 18:28:18

Was ist deiner Meinung hier noch möglich?

[candan]

kann ich nicht sagen was noch geht

da es ja mit news sehr ruhig ist

[candan]

aber einiges wird noch drin sein

[candan]

ich hab mir heut gedacht das andere auch dran teil haben sollen

vor ein paar monaten bin ich eingestiegen dann ging es mal richtig ab da aber der bekanntheitsgrad nicht da war ging es genauso schnell wieder runter

da jetzt doch ein paar drauf aufmerksam geworden sind bin ich zuversichtlich das der kurs sich in höheren regionen stabilisiert

[candan]

[mr.krabs]

0,01$
Unfaßbar das kaum was los ist hier.
Viele sind wahrscheinlich "mit Untergang spielen" beschäftigt.

[mastermind23]

Antwort auf Beitrag Nr.: 34.491.696 von mr.krabs am 11.07.08 19:14:29

[mastermind23]

Aber nicht zu stürmisch werden, wir wollen die nächsten tage weiter etwas zu feiern haben.

Denk daran, rom wurde auch nicht an einem tag erbaut.

[candan]

wird noch

[candan]

aufjedenfall ein guter anfang

[Schnubbi1909]

Jetzt bin ich aber mal wirklich überrascht
Hätte im Leben nicht dran geglaubt, dass wir an einem Freitag, wo normalerweise in den USA sämtliche Gewinne mitgenommen werden, einen Schlußkurs bei 8 haben !!!
Freunde, ich denke das könnte nächste Woche und in der Zukunft mit diesem Wert noch Spaß machen!
Auch wenn es bisher ein reiner Zock mit dieser Aktie ist, stimmt mich der heutige Tag rundum positiv. Allseits eine gute Nacht und auf eine schöne grüne nächste Woche

[candan]

schlußkurs 0,008 ist doch erstmal ok

[candan]

wie gehts am montag weitzer?

[candan]

wir werden es sehen ob der anstieg nur von kurzer dauer war

[candan]

58 mil shares

[candan]

MK ca 290000

[candan]

leider gibt es keine news

[candan]

kann sich aber noch ändern

[candan]

wenn man bedenkt wo der kurs herkommt

[candan]

und anscheinend keine verwässerung stattfindet

[Saftladen]

[candan]

sag ich doch

[candan]

echt ruhig hier

[candan]

mal sehen wie es heut weitergeht

[candan]

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 24-Monats-Tief

Mit dem Rückfall auf 0,00 hat Ignis Petroleum Group Inc. am 05.Mai 2008 ein neues 24-Monats-Tief erreicht und notiert damit unter dem Niveau vom 14.März 2008.


Wenn Sie wöchentlich eine klare Trend-Analyse mit konkreten Empfehlungen für Ignis Petroleum Group Inc. wünschen, sollten Sie Ignis Petroleum Group Inc. in Ihren persönlichen Infodienst Depot-TRENDS aufnehmen, den Abonnenten des Trendbrief Chartanalyst/Optionsbrief kostenlos erhalten. Neben vielen anderen Services können Sie dann auch den täglichen Ignis Petroleum Group Inc.-Trend-Check abrufen und erhalten zusätzlich unbegrenzten Zugriff auf die Trend-Checks für mehr als 5000 Aktien, Devisen, Zinsen und Rohstoffe.

Börsengewinne werden in Trends erzielt. Wie einfach Sie mit Hilfe einer konsequenten technischen Analyse in allen Trends, d.h. sowohl in der Hausse, wie in der Baisse, Geld verdienen können, zeigt Ihnen ein kostenloser Test des Trendbrief Chartanalyst/Optionsbrief, zu dem wir Sie heute herzlich einladen. Testen Sie jetzt zwei Ausgaben und alle Services kostenlos.

Jetzt zwei Ausgaben kostenlos testen
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Ausführliche Informationen zum Trendbrief Chartanalyst/Optionsbrief


06.05.2008
© boerse.de

[candan]

DGAP-News: Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors
15.03.2007 - 09:09

Ignis Petroleum Group Inc. / Personalie

15.03.2007

Veröffentlichung einer Corporate-Mitteilung, übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
---------------------------------------------------------------------------

Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors

Dallas, Texas, USA. 14. März 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) gab heute die einstimmige Wahl von Herrn Geoffrey Lowndes Evett zum Chairman des Board of Directors bekannt. Als ein Spezialist für Unternehmensplanung und Projektfinanzierung bringt Herr Evett über 30 Jahre an Erfahrung aus dem Führungsbereich der internationalen Depositengeschäftsbranche in das Unternehmen ein. Unter seinen beruflichen Erfolgen ist auch seine Stelle als Chief Manager der Westminster Bank in London, England. Dort war er mit der Finanzierung internationaler Gesellschaften und deren Kapitalbedürfnissen beschäftigt.

Herr Evett ist zurzeit ein Non-Executive Director im Board of Directors der Ignis Petroleum. Dort ist er im Prüfungs- und Vergütungsausschuss tätig. Er ist gegenwärtig aktiv im Management Board der CR-City, A.S. tätig, ein tschechisches Immobilienentwicklungsunternehmen. Dort leitete eine 100-Millionen-USD-Finanzierung für ein großes Sanierungsprojekt in Prag. Herr Evett ist ein Mitglied des British Chartered Institute of Bankers und wurde vor kurzem zumTreuhänder des British Coronary Thrombosis Trust ernannt.

'Wir freuen uns, dass Geoff diese Verantwortung in seiner Rolle als Chairman angenommen hat,' sagte Michael P. Piazza, Chief Executive Officer und President der Ignis Petroleum. 'Er wird sich auf den Finanzierungsbedarf der Ignis Petroleum konzentrieren, um das Unternehmen im Einklang mit den Zielsetzungen des sehr erfahrenen etablierten Managementteams zu expandieren. Geoff bringt die entscheidende Finanzfachkenntnis in das Unternehmen ein, die nach unserer Auffassung für Ignis sehr nützlich sein wird, während wir weitere Explorations- und Entwicklungsprojekte erwerben und entwickeln.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die von der großen Fachkenntnis des Management und des technischen Teams, den neuen Stellen und der Anwendung neuer Technologien profitieren. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201, USA Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de





DGAP 15.03.2007

[candan]

DGAP-News: Ignis Barnett Shale bohrt sieben Quellen und erhöht Nettoproduktion um 24%
12.02.2007 - 08:02

Ignis Petroleum Group Inc. / Sonstiges

12.02.2007

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
---------------------------------------------------------------------------

Ignis Barnett Shale bohrt sieben Quellen und erhöht Nettoproduktion um 24%

Dallas, Texas, USA. 9. Februar 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) legte heute eine Aktualisierung des Geschäftsbetriebs und der Produktion vor.

St. Jo Ridge (Barnett Shale) Field

Unser Programm mit W.B. Osborn Oil & Gas Operations ('WBO') zur Entwicklung des Feldes in den Montague und Cooke Counties, Texas, macht weitere Fortschritte. WBO besitzt einen 55%-Förderanteil und Ignis Barnett Shale, LLC ('IBS'), eine Partnerschaft der Ignis Petroleum Group Inc. und Silver Point Capital, besitzt die restlichen 45%. Folgend einige wichtige Punkte:

- Zum 1. Juni 2006 hatten wir 14 produzierende Quellen.
- Seit dem 1. Juni 2006 bohrten und bereiteten wir 7 Quellen zur Förderung vor. Wir besitzen jetzt 21 Öl und Gas produzierende Quellen. Ferner bohren wir zur Zeit eine Quelle und eine weitere Quelle erwartet die Vorbereitung zur Förderung.
- Im vierten Quartal betrug die Nettoproduktion aus dem Anteil der IBS im Durchschnitt 92 Barrel Öl pro Tag (Bopd) und 722.000 Kubikfuß Gas pro Tag, verglichen mit 64 Bopd und 641.000 Kubikfuß Gas pro Tag im dritten Quartal. Eine Steigerung von 24% auf Basis von Barrel Öl-Äquilant.
- IBS bezieht ebenfalls Einnahmen aus ihrem 45%-Besitzanteil an dem 26 Meilen langen Gassammel- und Aufbereitungssystem, das Gas dritter Parteien in diesem Gebiet transportiert. Der Bruttodurchsatz zur Aufbereitungsanlage erhöhte sich auf durchschnittlich 3.679.000 Kubikfuß Gas pro Tag im vierten Quartal, verglichen mit 3.445.000 Kubikfuß Gas pro Tag im dritten Quartal. Eine Steigerung um 7%.
- Wir haben bis dato zwei horizontale Quellen gebohrt. Eine dieser Quellen produziert zur Zeit Öl und Gas, während die andere zur Förderung vorbereitet wird. Eine dritte Quelle wird gegenwärtig gebohrt. Wir planen, im Laufe von 2007 insgesamt drei vertikale und acht horizontale Quellen zu bohren. Wir werden dafür die Bohranlage Nr. 39 der Pioneer Drilling Company einsetzen, die wir durchgehend unter Vertrag haben.
- Wir schlossen vor kurzem den Erwerb eines zusätzlichen Förderanteils am Meador-Ranch-Pachtgebiet (721 Acre, brutto) ab, um unseren Förderanteil von 11% auf 21% zu erhöhen. Diese Akquisition schloss die Produktion von drei bestehenden Quellen ein.

Quelle Acom-A6

- Die in Chambers County, Texas, liegende Quelle produziert gegenwärtig im Durchschnitt 195 Bopd und 428.000 Kubikfuß Gas pro Tag, brutto. Bis Ende 2006 hatte die Quelle eine Bruttoproduktion von 78.000 Barrel Oil und 268 Mio. Kubikfuß Gas.
- Die Quelle begann Anfang Oktober 2006, Wasser zu fördern. Sie hat aber bis zum Ende des Jahres einen konstanten Wassergehalt von 50% beibehalten. Der Förderdruck ist mit ungefähr 1.775 psi weiterhin hoch. Nach Erschöpfung des gegenwärtigen Förderhorizonts, kommen mehrere weitere höffige Horizonte für Fördertests in Frage.
- Ignis Petroleum Group Inc. besitzt einen 25%-Förderanteil an der Quelle. Anadarko Petroleum Corporation ist der Betreiber.

Sherburne-Projekt

- Das Entwicklungsprojekt Sherburne Field in Point Coupee Parish, Louisiana, wird noch getestet.
- Die Bohrarbeiten wurden im September 2006 abgeschlossen. Danach wurde die Bohrung verrohrt und zwei Horizonte wurden gestestet. Sie enthielten aber keine wirtschaftlichen Gasmengen.
- Die Partner überlegen sich zur Zeit eine Initiative, einen anderen höffigen Horizont, den 9.400-Fuß-Sandstein, zu perforieren und zu testen. Dieser Horizont scheint laut Bohrlochvermessung, etwas mit Wasser gesättigt zu sein, hat aber in der Vergangenheit in diesem Gebiet aus einer Reihe von Quellen große Erdgasmengen produziert.
- Ignis besitzt an der Quelle einen 15%-Förderanteil vor Rückzahlung der Explorations- und Konstruktionskosten. Rodessa Operating Company ist der Betreiber.

Quellen im Barnett Shale

- Die Quelle Inglish Sisters Nr. 3 in Cooke County, Texas, ist weiter in Betrieb und hat seit Produktionsbeginn im letzten Jahr ungefähr 5.600 Barrel Öl, brutto, und 44 Mio. Kubikfuß Gas, brutto, aus dem Barnett Shale produziert.
- Zwei weitere Quellen, Powell Nr. 1 und Powell Nr. 2 wurden gebohrt und zur Förderung vorbereitet. Sie haben aber bis jetzt noch keine wirtschaftlichen Mengen produziert. Ignis untersucht unsere Möglichkeiten hinsichtlich dieser Quellen.
- Das Unternehmen besitzt an den Quellen einen 12,5%-Förderanteil. Rife Energy Operating Inc. ist der Betreiber.

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die aus neuen Pachtmöglichkeiten, neuen Technologien und neuen Informationen entstehen. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201 Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de




DGAP 12.02.2007

[candan]

[candan]

und

[candan]

Meldung
DGAP-News: Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der Exploration
05.01.2007 - 10:53

Ignis Petroleum Group Inc. / Personalie

05.01.2007

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
---------------------------------------------------------------------------

Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der Exploration

Dallas, Texas, USA. 4. Januar 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) gab heute die Ernennung von Robert W. Stancil zum Senior Vice President der Exploration bekannt. Herr Stancil, 53, wird für die Leitung der gesamten Explorationsaktivitäten der Ignis Petroleum verantwortlich sein, einschließlich der Identifizierung, Bewertung und Entwicklung neuer Geschäftsmöglichkeiten. Er wird ein Mitglied im Führungsstab der Ignis Petroleum sein.

Herr Stancil besitzt über 30 Jahre Berufserfahrung in der Öl- und Gasbranche. Bis vor kurzem war er Vice President of North America Exploration bei der Anadarko Petroleum Corporation. Dort war er für die gesamte Exploration auf dem Festland und die Verwaltung des Explorationsportfolios verantwortlich. Er war ebenfalls an der Unternehmensstrategie und -planung beteiligt. Davor hatte Herr Stancil verschiedene Stellen bei Anadarko, einschließlich General Manager und Senior Vice President der Exploration und Produktion, Anadarko E&P USA Inc.. Dort war er für die Explorationsgebiete im Ostteil der Golfküste zuständig. Im Laufe seines Berufslebens leitete er erfolgreiche Explorationsprogramme in produktiven Explorationsgebieten in den USA mit besonderem Schwerpunkt auf das Gebiet der Golfküste. Herr Stancil führte neue Explorationskonzepte in den vollentwickelten Sedimentbecken auf Anadarkos Liegenschaften ein und führte in den Explorationsgebieten Bossier in Osttexas, Lower Cotton Valley in Nord-Louisiana und im Miozän in Süd-Louisiana ein Explorations- und Entwicklungsprogramm mit 52 Bohranlagen durch.

Herr Stancil ist ein Absolvent der Campbell University in North Carolina (Bachelor of Science in Geologie). Er ist ein Mitglied der American Association of Petroleum Geologists, der derzeitige Vice Chairman des Komitees zur Ressourcen-Bewertung der Houston Geological Society und Lafayette Geological Society. Während seiner Amtszeit im National Petroleum Council von 2002 bis 2003 leitete er als Mitglied der Supply Task Group des National Petroleum Council die unkonventionelle Ressourcen-Abschätzung für Erdgas in Nordamerika.

Michael P. Piazza, CEO der Ignis, sagte: 'Wir freuen uns sehr, dass Bob dem Managementteam der Ignis beitritt. Dies ist eine sehr wichtige Stelle im Unternehmen und ich erwarte, dass Ignis signifikant von Bobs über 30jähriger Erfolgsgeschichte in der Exploration und Produktion sowie von seinem dynamischen Führungsstil profitieren wird.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die aus neuen Pachtmöglichkeiten, neuen Technologien und neuen Informationen entstehen. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201 Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de





DGAP 05.01.2007

[candan]

Meldung
DGAP-News: Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der Exploration
05.01.2007 - 10:53

Ignis Petroleum Group Inc. / Personalie

05.01.2007

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
---------------------------------------------------------------------------

Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der Exploration

Dallas, Texas, USA. 4. Januar 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) gab heute die Ernennung von Robert W. Stancil zum Senior Vice President der Exploration bekannt. Herr Stancil, 53, wird für die Leitung der gesamten Explorationsaktivitäten der Ignis Petroleum verantwortlich sein, einschließlich der Identifizierung, Bewertung und Entwicklung neuer Geschäftsmöglichkeiten. Er wird ein Mitglied im Führungsstab der Ignis Petroleum sein.

Herr Stancil besitzt über 30 Jahre Berufserfahrung in der Öl- und Gasbranche. Bis vor kurzem war er Vice President of North America Exploration bei der Anadarko Petroleum Corporation. Dort war er für die gesamte Exploration auf dem Festland und die Verwaltung des Explorationsportfolios verantwortlich. Er war ebenfalls an der Unternehmensstrategie und -planung beteiligt. Davor hatte Herr Stancil verschiedene Stellen bei Anadarko, einschließlich General Manager und Senior Vice President der Exploration und Produktion, Anadarko E&P USA Inc.. Dort war er für die Explorationsgebiete im Ostteil der Golfküste zuständig. Im Laufe seines Berufslebens leitete er erfolgreiche Explorationsprogramme in produktiven Explorationsgebieten in den USA mit besonderem Schwerpunkt auf das Gebiet der Golfküste. Herr Stancil führte neue Explorationskonzepte in den vollentwickelten Sedimentbecken auf Anadarkos Liegenschaften ein und führte in den Explorationsgebieten Bossier in Osttexas, Lower Cotton Valley in Nord-Louisiana und im Miozän in Süd-Louisiana ein Explorations- und Entwicklungsprogramm mit 52 Bohranlagen durch.

Herr Stancil ist ein Absolvent der Campbell University in North Carolina (Bachelor of Science in Geologie). Er ist ein Mitglied der American Association of Petroleum Geologists, der derzeitige Vice Chairman des Komitees zur Ressourcen-Bewertung der Houston Geological Society und Lafayette Geological Society. Während seiner Amtszeit im National Petroleum Council von 2002 bis 2003 leitete er als Mitglied der Supply Task Group des National Petroleum Council die unkonventionelle Ressourcen-Abschätzung für Erdgas in Nordamerika.

Michael P. Piazza, CEO der Ignis, sagte: 'Wir freuen uns sehr, dass Bob dem Managementteam der Ignis beitritt. Dies ist eine sehr wichtige Stelle im Unternehmen und ich erwarte, dass Ignis signifikant von Bobs über 30jähriger Erfolgsgeschichte in der Exploration und Produktion sowie von seinem dynamischen Führungsstil profitieren wird.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die aus neuen Pachtmöglichkeiten, neuen Technologien und neuen Informationen entstehen. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201 Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de





DGAP 05.01.2007

[candan]

DALLAS--(BUSINESS WIRE)--Feb. 6, 2006--Ignis Petroleum Group, Inc. (OTCBB:IGPG - News) is pleased to announce it has signed a definitive participation agreement and operating agreement with Range Production Company (NYSE:RRC - News) to drill the Crimson Bayou prospect located in Iberville Parish, Louisiana. If successful, the prospect could hold oil and gas reserves in excess of 30 billion cubic feet of gas equivalent and could require several additional wells to develop the full potential of the prospect.

[candan]

[candan]

mk 290000€
shares 58.mil

[candan]

[candan]

gibt es denn niemanden hier?

[candan]

der ignis interessant findet

[candan]

und

[candan]

was zu schreiben hat

[candan]

auf eine grüne woche

[candan]

ist ja überall so wenig wie hier

[candan]

wird sich noch ändern

[candan]

mk 290000€


shares 58.mil

[Stan.Laurel]

Die JoJo Aktie vom Dienst oder was ....

[candan]

schon möglich

[candan]

mann muss ja nur den absprung schaffen

[candan]

und das ist die kunst am aktienhandel

[candan]

man darf sich nie zu fest an einem titel binden

[candan]

und mann muss seinen prinzipien treu bleiben

[candan]

[candan]

wer weis was noch geht

[candan]

was passieren kann

[candan]

schlechter als der dax kanns hier auch nicht laufen

[candan]

160 t€ mk

[candan]

bei 58 mil shares

[candan]

aber keinen interessierts

[candan]

naja dann werd ich wohl noch mal zuschlagen

[candan]

[candan]

Kurs-Highlight - IGNIS PETROLEUM GROUP INC

Ignis Petroleum Group Inc. auf 24-Monats-Tief

Mit dem Rückfall auf 0,00 hat Ignis Petroleum Group Inc. am 05.Mai 2008 ein neues 24-Monats-Tief erreicht und notiert damit unter dem Niveau vom 14.März 2008.


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Börsengewinne werden in Trends erzielt. Wie einfach Sie mit Hilfe einer konsequenten technischen Analyse in allen Trends, d.h. sowohl in der Hausse, wie in der Baisse, Geld verdienen können, zeigt Ihnen ein kostenloser Test des Trendbrief Chartanalyst/Optionsbrief, zu dem wir Sie heute herzlich einladen. Testen Sie jetzt zwei Ausgaben und alle Services kostenlos.

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Ausführliche Informationen zum Trendbrief Chartanalyst/Optionsbrief


06.05.2008
© boerse.de

[candan]

DGAP-News: Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der Exploration
05.01.2007 - 10:53

Ignis Petroleum Group Inc. / Personalie

05.01.2007

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
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Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der Exploration

Dallas, Texas, USA. 4. Januar 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) gab heute die Ernennung von Robert W. Stancil zum Senior Vice President der Exploration bekannt. Herr Stancil, 53, wird für die Leitung der gesamten Explorationsaktivitäten der Ignis Petroleum verantwortlich sein, einschließlich der Identifizierung, Bewertung und Entwicklung neuer Geschäftsmöglichkeiten. Er wird ein Mitglied im Führungsstab der Ignis Petroleum sein.

Herr Stancil besitzt über 30 Jahre Berufserfahrung in der Öl- und Gasbranche. Bis vor kurzem war er Vice President of North America Exploration bei der Anadarko Petroleum Corporation. Dort war er für die gesamte Exploration auf dem Festland und die Verwaltung des Explorationsportfolios verantwortlich. Er war ebenfalls an der Unternehmensstrategie und -planung beteiligt. Davor hatte Herr Stancil verschiedene Stellen bei Anadarko, einschließlich General Manager und Senior Vice President der Exploration und Produktion, Anadarko E&P USA Inc.. Dort war er für die Explorationsgebiete im Ostteil der Golfküste zuständig. Im Laufe seines Berufslebens leitete er erfolgreiche Explorationsprogramme in produktiven Explorationsgebieten in den USA mit besonderem Schwerpunkt auf das Gebiet der Golfküste. Herr Stancil führte neue Explorationskonzepte in den vollentwickelten Sedimentbecken auf Anadarkos Liegenschaften ein und führte in den Explorationsgebieten Bossier in Osttexas, Lower Cotton Valley in Nord-Louisiana und im Miozän in Süd-Louisiana ein Explorations- und Entwicklungsprogramm mit 52 Bohranlagen durch.

Herr Stancil ist ein Absolvent der Campbell University in North Carolina (Bachelor of Science in Geologie). Er ist ein Mitglied der American Association of Petroleum Geologists, der derzeitige Vice Chairman des Komitees zur Ressourcen-Bewertung der Houston Geological Society und Lafayette Geological Society. Während seiner Amtszeit im National Petroleum Council von 2002 bis 2003 leitete er als Mitglied der Supply Task Group des National Petroleum Council die unkonventionelle Ressourcen-Abschätzung für Erdgas in Nordamerika.

Michael P. Piazza, CEO der Ignis, sagte: 'Wir freuen uns sehr, dass Bob dem Managementteam der Ignis beitritt. Dies ist eine sehr wichtige Stelle im Unternehmen und ich erwarte, dass Ignis signifikant von Bobs über 30jähriger Erfolgsgeschichte in der Exploration und Produktion sowie von seinem dynamischen Führungsstil profitieren wird.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die aus neuen Pachtmöglichkeiten, neuen Technologien und neuen Informationen entstehen. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201 Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de





DGAP 05.01.2007
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Firmenname: Ignis Petroleum Group Inc.; Land: Vereinigte Staaten von Amerika; VWD Selektoren: 1C;

[candan]

Meldung
DGAP-News: Ignis Barnett Shale bohrt sieben Quellen und erhöht Nettoproduktion um 24%
12.02.2007 - 08:02

Ignis Petroleum Group Inc. / Sonstiges

12.02.2007

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
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Ignis Barnett Shale bohrt sieben Quellen und erhöht Nettoproduktion um 24%

Dallas, Texas, USA. 9. Februar 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) legte heute eine Aktualisierung des Geschäftsbetriebs und der Produktion vor.

St. Jo Ridge (Barnett Shale) Field

Unser Programm mit W.B. Osborn Oil & Gas Operations ('WBO') zur Entwicklung des Feldes in den Montague und Cooke Counties, Texas, macht weitere Fortschritte. WBO besitzt einen 55%-Förderanteil und Ignis Barnett Shale, LLC ('IBS'), eine Partnerschaft der Ignis Petroleum Group Inc. und Silver Point Capital, besitzt die restlichen 45%. Folgend einige wichtige Punkte:

- Zum 1. Juni 2006 hatten wir 14 produzierende Quellen.
- Seit dem 1. Juni 2006 bohrten und bereiteten wir 7 Quellen zur Förderung vor. Wir besitzen jetzt 21 Öl und Gas produzierende Quellen. Ferner bohren wir zur Zeit eine Quelle und eine weitere Quelle erwartet die Vorbereitung zur Förderung.
- Im vierten Quartal betrug die Nettoproduktion aus dem Anteil der IBS im Durchschnitt 92 Barrel Öl pro Tag (Bopd) und 722.000 Kubikfuß Gas pro Tag, verglichen mit 64 Bopd und 641.000 Kubikfuß Gas pro Tag im dritten Quartal. Eine Steigerung von 24% auf Basis von Barrel Öl-Äquilant.
- IBS bezieht ebenfalls Einnahmen aus ihrem 45%-Besitzanteil an dem 26 Meilen langen Gassammel- und Aufbereitungssystem, das Gas dritter Parteien in diesem Gebiet transportiert. Der Bruttodurchsatz zur Aufbereitungsanlage erhöhte sich auf durchschnittlich 3.679.000 Kubikfuß Gas pro Tag im vierten Quartal, verglichen mit 3.445.000 Kubikfuß Gas pro Tag im dritten Quartal. Eine Steigerung um 7%.
- Wir haben bis dato zwei horizontale Quellen gebohrt. Eine dieser Quellen produziert zur Zeit Öl und Gas, während die andere zur Förderung vorbereitet wird. Eine dritte Quelle wird gegenwärtig gebohrt. Wir planen, im Laufe von 2007 insgesamt drei vertikale und acht horizontale Quellen zu bohren. Wir werden dafür die Bohranlage Nr. 39 der Pioneer Drilling Company einsetzen, die wir durchgehend unter Vertrag haben.
- Wir schlossen vor kurzem den Erwerb eines zusätzlichen Förderanteils am Meador-Ranch-Pachtgebiet (721 Acre, brutto) ab, um unseren Förderanteil von 11% auf 21% zu erhöhen. Diese Akquisition schloss die Produktion von drei bestehenden Quellen ein.

Quelle Acom-A6

- Die in Chambers County, Texas, liegende Quelle produziert gegenwärtig im Durchschnitt 195 Bopd und 428.000 Kubikfuß Gas pro Tag, brutto. Bis Ende 2006 hatte die Quelle eine Bruttoproduktion von 78.000 Barrel Oil und 268 Mio. Kubikfuß Gas.
- Die Quelle begann Anfang Oktober 2006, Wasser zu fördern. Sie hat aber bis zum Ende des Jahres einen konstanten Wassergehalt von 50% beibehalten. Der Förderdruck ist mit ungefähr 1.775 psi weiterhin hoch. Nach Erschöpfung des gegenwärtigen Förderhorizonts, kommen mehrere weitere höffige Horizonte für Fördertests in Frage.
- Ignis Petroleum Group Inc. besitzt einen 25%-Förderanteil an der Quelle. Anadarko Petroleum Corporation ist der Betreiber.

Sherburne-Projekt

- Das Entwicklungsprojekt Sherburne Field in Point Coupee Parish, Louisiana, wird noch getestet.
- Die Bohrarbeiten wurden im September 2006 abgeschlossen. Danach wurde die Bohrung verrohrt und zwei Horizonte wurden gestestet. Sie enthielten aber keine wirtschaftlichen Gasmengen.
- Die Partner überlegen sich zur Zeit eine Initiative, einen anderen höffigen Horizont, den 9.400-Fuß-Sandstein, zu perforieren und zu testen. Dieser Horizont scheint laut Bohrlochvermessung, etwas mit Wasser gesättigt zu sein, hat aber in der Vergangenheit in diesem Gebiet aus einer Reihe von Quellen große Erdgasmengen produziert.
- Ignis besitzt an der Quelle einen 15%-Förderanteil vor Rückzahlung der Explorations- und Konstruktionskosten. Rodessa Operating Company ist der Betreiber.

Quellen im Barnett Shale

- Die Quelle Inglish Sisters Nr. 3 in Cooke County, Texas, ist weiter in Betrieb und hat seit Produktionsbeginn im letzten Jahr ungefähr 5.600 Barrel Öl, brutto, und 44 Mio. Kubikfuß Gas, brutto, aus dem Barnett Shale produziert.
- Zwei weitere Quellen, Powell Nr. 1 und Powell Nr. 2 wurden gebohrt und zur Förderung vorbereitet. Sie haben aber bis jetzt noch keine wirtschaftlichen Mengen produziert. Ignis untersucht unsere Möglichkeiten hinsichtlich dieser Quellen.
- Das Unternehmen besitzt an den Quellen einen 12,5%-Förderanteil. Rife Energy Operating Inc. ist der Betreiber.

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die aus neuen Pachtmöglichkeiten, neuen Technologien und neuen Informationen entstehen. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201 Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de




DGAP 12.02.2007
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Firmenname: Ignis Petroleum Group Inc.; Land: Vereinigte Staaten von Amerika; VWD Selektoren: 1C;

[candan]

Meldung
DGAP-News: Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors
15.03.2007 - 09:09

Ignis Petroleum Group Inc. / Personalie

15.03.2007

Veröffentlichung einer Corporate-Mitteilung, übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
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Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors

Dallas, Texas, USA. 14. März 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) gab heute die einstimmige Wahl von Herrn Geoffrey Lowndes Evett zum Chairman des Board of Directors bekannt. Als ein Spezialist für Unternehmensplanung und Projektfinanzierung bringt Herr Evett über 30 Jahre an Erfahrung aus dem Führungsbereich der internationalen Depositengeschäftsbranche in das Unternehmen ein. Unter seinen beruflichen Erfolgen ist auch seine Stelle als Chief Manager der Westminster Bank in London, England. Dort war er mit der Finanzierung internationaler Gesellschaften und deren Kapitalbedürfnissen beschäftigt.

Herr Evett ist zurzeit ein Non-Executive Director im Board of Directors der Ignis Petroleum. Dort ist er im Prüfungs- und Vergütungsausschuss tätig. Er ist gegenwärtig aktiv im Management Board der CR-City, A.S. tätig, ein tschechisches Immobilienentwicklungsunternehmen. Dort leitete eine 100-Millionen-USD-Finanzierung für ein großes Sanierungsprojekt in Prag. Herr Evett ist ein Mitglied des British Chartered Institute of Bankers und wurde vor kurzem zumTreuhänder des British Coronary Thrombosis Trust ernannt.

'Wir freuen uns, dass Geoff diese Verantwortung in seiner Rolle als Chairman angenommen hat,' sagte Michael P. Piazza, Chief Executive Officer und President der Ignis Petroleum. 'Er wird sich auf den Finanzierungsbedarf der Ignis Petroleum konzentrieren, um das Unternehmen im Einklang mit den Zielsetzungen des sehr erfahrenen etablierten Managementteams zu expandieren. Geoff bringt die entscheidende Finanzfachkenntnis in das Unternehmen ein, die nach unserer Auffassung für Ignis sehr nützlich sein wird, während wir weitere Explorations- und Entwicklungsprojekte erwerben und entwickeln.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die von der großen Fachkenntnis des Management und des technischen Teams, den neuen Stellen und der Anwendung neuer Technologien profitieren. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201, USA Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de





DGAP 15.03.2007
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Firmenname: Ignis Petroleum Group Inc.; Land: Vereinigte Staaten von Amerika; VWD Selektoren: 1C;

[candan]

seit dem gibts nichts neues

[candan]

und heute

[candan]

so wo sind die interessierten

[candan]

keiner da?

[candan]

monologe sind echt öde

[candan]

[candan]

ask 43
bid 50

[candan]

[candan]

Market Cap
242.94 k usd

[candan]

Shares
57.84 m

[candan]

na los, irgendwer ist doch bestimmt hier

[candan]

[candan]

es wird langweilig

[candan]

[Schnubbi1909]

Antwort auf Beitrag Nr.: 34.511.170 von candan am 15.07.08 14:50:15

Bin mal gespannt was heute über den großen Teich passiert.
Hoffe mal das einige die 5 als Einstiegskurs sehen. Ansonsten wird es schwer wieder nen Satz nach oben zu machen. Aber ich bin da mal optimistisch Auf einen hoffentlich grünen Tag

[candan]

ich dachte schon ich bleib alleinunterhalter

[candan]

die 5 würd ich auch als guten einstieg sehen

da die chancen größer als das risiko sind

[candan]

ist ja ganz schöne nachfrage bei 4

[candan]

mal schauen wer nachgibt die 4 oder die 5

[BulletinWinning]

Antwort auf Beitrag Nr.: 20.126.063 von hasi22 am 09.02.06 21:46:38

Na seit ihr schon alle raus

geht jetzt wohl los
bin gestern nicht reingekommen

habe dann halt heute zugeschlagen

ist jetzt aber auch an der Zeit das die abgeht
die werden jetzt wohl genug gesammelt haben

[candan]

gibt es doch noch jemanden hier

[BulletinWinning]

Antwort auf Beitrag Nr.: 34.570.524 von candan am 23.07.08 16:13:35

bleib auch noch ne weile hier


IGPG has a beautiful share structure and now that we don't have to worry about Cornell I am as happy as can be.!!!!!!!!!!!!

Updated share structure as of 12:45 pm today. Restricted shares increased by 9,791,667 since 7/8/2008.

Share structure as of 7/23/2008

68,703,243 in the free trading float (same as of 7/8/2008)

57,806,151 shares are restricted (increased by 9,791,667 since 7/8/2008)

126,509,394 total issued and outstanding shares (increased by 9,791,667 since 7/8/2008)

300,000,000 total authorized shares

--------------------------------------------------

http://xml.10kwizard.com/...w.php?repo=tenk&ipage=5788395%3C…




Es erscheint IGPG zahlt Cornell Kapital fünfundfünfzigtausend Dollar ($ 55.000) pro Monat aus ihren Gewinnen aus dem "ACOM 6" Brunnen. Cornell Kapital wandelt keine Aktien um oder verkauft sie bis zum 10. Januar 2009, solange IGPG die Zahlungen aktuell hält. Es gibt eine Klausel, wenn das Geld, das IGPG gegenwärtig vom "ACOM 6" macht, für eine kurze Zeitraumgebühr einzig auf die Entscheidung der Vermittlung des solchen Brunnens reduziert wird, um Erhaltung oder Überholen des Brunnens, dann zu erleben, die die Gesellschaft einen Feiertag von der Zahlungsverpflichtung YA gegenüber anfordern kann, global (Cornell Kapital) während der Zeiten des von solcher Erhaltung oder Überholen der ACOM 6 Brunnens und YAs verursachten reduzierten Cashflows global soll seine Zustimmung zu solcher Bitte nicht unvernünftig verweigern. IGPG bewegt vorwärts sich. Keine weitere Verdünnung.

[BulletinWinning]

0,008

und da gehts wieder hin,so wie es aussieht
OTC kenner letztes Posting lesen

[candan]

SIEHT DOCH GUT AUS HEUT




GLEICH FÄLLT DIE
1

[candan]

RAUF RAUF RAUF

[candan]

[candan]

WEITER GEHTS

[candan]

ECHT SUPER

[candan]

[candan]

rt =0,7ct

[BulletinWinning]

Antwort auf Beitrag Nr.: 34.579.416 von candan am 24.07.08 16:18:47

ja,ja 7cent kommen auch noch


Rt. 0,008 erstmal

[candan]

mal schauen

[candan]

[candan]

war heut aber ein sehr guter start gewesen

[candan]

von mir aus kann s jetzt wieder richtung norden

[candan]

[candan]

der kurs hat sich erstmal bei 7 festgefressen

[candan]

mal seht was gleich passiert

[candan]

RT 0,61

[candan]

[candan]

7 rt

[candan]

08:00 ARCA 15000 0.006
07:30 PERT 5000 0.0056
07:30 NITE 5000 0.005
07:30 ETRD 5000 0.004
07:30 HDSN 5000 0.004
07:30 VNDM 5000 0.0026
07:30 DOMS 5000 0.0025
07:36 ABLE 5000 0.0025 ↓
07:30 HILL 5000 0.002
07:30 VFIN 5000 0.002
07:56 BEST 5000 0.002 ↓
08:04 UBSS 5000 0.001 ↓
07:41 MERI 5000 0.0001 ↓

















Ask Size MMID Time
0.006 10000 NITE 07:30
0.007 5000 VNDM 07:30
0.008 67300 ARCA 08:00
0.008 5000 ETRD 07:30
0.008 5000 HILL 07:30
0.008 5000 PERT 07:30
0.0085 5000 HDSN 07:30
0.014 5000 VFIN 07:30
↓ 0.014 5000 ABLE 07:36
↓ 0.014 5000 BEST 07:56
0.025 5000 DOMS 07:30
↓ 0.51 2500 MERI 07:41
↑ 2000.00 500 UBSS 08:04

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.


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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.


Add IGPG.OB to Portfolio Set Alert

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On :rolleyesecember 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.


Add IGPG.OB to Portfolio Set Alert

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Date: May 10, 2006
Ignis Petroleum Agrees to Participate in Sherburne Field Development Prospect
Ignis Petroleum Group, Inc. (OTCBB:IGPG) is pleased to announce that it has entered into a definitive participation agreement
to drill the Sherburne Field Development prospect, located in Pointe Coupee Parish, Louisiana. Under the terms of the agreement,
Ignis will pay 15% of the drilling, testing and completion costs. Upon completion Ignis will earn a 15% working interest in the
well before payout and an 11.25% working interest in the well after payout. Rodessa Operating Company, Inc. of Corpus Christi,
Texas, has been designated as operator of the prospect.
The prospect is an attic gas play up dip to two Texaco wells that were recompleted in the 1960's to shallower zones after producing
more than 15 billion cubic feet (Bcf) of natural gas and 450,000 barrels of condensate. These wells were the highest wells drilled
on the structure. Each well was flowing approximately 1 million cubic feet of gas, 12 to 14 barrels of condensate, and 200 to 300
barrels of water per day.
The Sherburne Field was first discovered in the early 1950's and has produced approximately 120 Bcf of natural gas and 2.5 million
barrels of oil. The field is a low-relief downthrown rollover anticline structure that produced primarily from Frio sand reservoirs
with Cockfield and Sparta sands as secondary objectives. The field extends almost four miles east-west. In all thirteen (13) wells
were completed in the zone of interest. None of the wells were drilled on the crest of the structure.
Drilling of the well is scheduled to commence in the third quarter of 2006.
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development
of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic
industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities,
new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements
This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995,
including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed
in this release. Among the important factors that could cause actual results to differ materially from those indicated by such
forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability
of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general
economic conditions.

[candan]

Date: May 10, 2006
Ignis Petroleum Agrees to Participate in Sherburne Field Development Prospect
Ignis Petroleum Group, Inc. (OTCBB:IGPG) is pleased to announce that it has entered into a definitive participation agreement
to drill the Sherburne Field Development prospect, located in Pointe Coupee Parish, Louisiana. Under the terms of the agreement,
Ignis will pay 15% of the drilling, testing and completion costs. Upon completion Ignis will earn a 15% working interest in the
well before payout and an 11.25% working interest in the well after payout. Rodessa Operating Company, Inc. of Corpus Christi,
Texas, has been designated as operator of the prospect.
The prospect is an attic gas play up dip to two Texaco wells that were recompleted in the 1960's to shallower zones after producing
more than 15 billion cubic feet (Bcf) of natural gas and 450,000 barrels of condensate. These wells were the highest wells drilled
on the structure. Each well was flowing approximately 1 million cubic feet of gas, 12 to 14 barrels of condensate, and 200 to 300
barrels of water per day.
The Sherburne Field was first discovered in the early 1950's and has produced approximately 120 Bcf of natural gas and 2.5 million
barrels of oil. The field is a low-relief downthrown rollover anticline structure that produced primarily from Frio sand reservoirs
with Cockfield and Sparta sands as secondary objectives. The field extends almost four miles east-west. In all thirteen (13) wells
were completed in the zone of interest. None of the wells were drilled on the crest of the structure.
Drilling of the well is scheduled to commence in the third quarter of 2006.
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development
of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic
industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities,
new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements
This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995,
including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed
in this release. Among the important factors that could cause actual results to differ materially from those indicated by such
forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability
of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general
economic conditions.

[candan]

Date: May 05, 2006
Ignis Petroleum Provides Operations and Financing Update
Ignis Petroleum Group, Inc. (OTCBB:IGPG) is pleased to provide an update regarding the Company's recent operations and
financing activities.
Barnett Shale Production
The Company, with its operating partner Rife Energy Operating, Inc. has finished the drilling and completion of its three Barnett
Shale wells. Ignis holds a 12.5% working interest in the wells before payout and 10% working interest after payout. The three
wells include the Powell #1 in Montague County, Texas, and the Powell #2, and Inglish Sisters #3 in Cooke County, Texas.
As of May 3, 2006, the Inglish Sisters #3 well, which began recording revenue on April 7, 2006, had produced 11 million cubic
feet of natural gas and 2,071 barrels of crude oil. The Powell #1 and #2 wells are currently at the finishing the flow back of water
used in the hydraulic fracturing procedure and have had strong oil and gas shows.
Acom A-6 Well Production
The Acom A-6 well, which is located in Chambers County, Texas, produced at an average daily rate of 109 barrels of oil during
the month of March and 513 thousand cubic feet of gas during the month of February. The company has a 25% working interest
in the well in which Kerr-McGee is the operator.
Barnett Crossroads Prospect
The Wefel Family Trust 19-1 #1 well, located in Escambia County, Alabama, commenced drilling operations on March 20, 2006 and
reached a total depth of 14,600 feet on April 25, 2006. The Company found shows of oil and gas in three separate dolomite stringers
within the 400-foot target Smackover formation. The amount of recoverable reserves; however, was deemed to be less than necessary
to warrant a commercial completion and management decided to plug and abandon the well.
Financing
On April 28, 2006, the Company amended its securities purchase agreement with Cornell Capital Partners, L.P. to accelerate issuance
and sale of the final $1,000,000 of the $5,000,000 in 7% secured convertible debentures issuable by the Company under the agreement.
In connection with the amendment to the securities purchase agreement, the Company agreed to issue Cornell warrants to purchase
an additional 6,225,408 shares of the Company's common stock. Details of the financing are provided in the Company's 8-K filing
dated April 28, 2006.
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas company executing its business plan for the exploration, acquisition and
development of crude oil and natural gas properties in the United States. Company management is building an energy portfolio that
will combine low-risk, high-potential projects with higher-yield, moderate-risk projects. The Company focuses on prospects that result
from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements: This release contains certain "forward-looking statements" as defined by the Private
Securities Litigation Reform Act of 1995, as amended, including, without limitation, expectations, beliefs, plans and objectives
regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need
to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development,
fluctuations in gas prices and general economic conditions.

[candan]

Date: May 05, 2006
Ignis Petroleum Provides Operations and Financing Update
Ignis Petroleum Group, Inc. (OTCBB:IGPG) is pleased to provide an update regarding the Company's recent operations and
financing activities.
Barnett Shale Production
The Company, with its operating partner Rife Energy Operating, Inc. has finished the drilling and completion of its three Barnett
Shale wells. Ignis holds a 12.5% working interest in the wells before payout and 10% working interest after payout. The three
wells include the Powell #1 in Montague County, Texas, and the Powell #2, and Inglish Sisters #3 in Cooke County, Texas.
As of May 3, 2006, the Inglish Sisters #3 well, which began recording revenue on April 7, 2006, had produced 11 million cubic
feet of natural gas and 2,071 barrels of crude oil. The Powell #1 and #2 wells are currently at the finishing the flow back of water
used in the hydraulic fracturing procedure and have had strong oil and gas shows.
Acom A-6 Well Production
The Acom A-6 well, which is located in Chambers County, Texas, produced at an average daily rate of 109 barrels of oil during
the month of March and 513 thousand cubic feet of gas during the month of February. The company has a 25% working interest
in the well in which Kerr-McGee is the operator.
Barnett Crossroads Prospect
The Wefel Family Trust 19-1 #1 well, located in Escambia County, Alabama, commenced drilling operations on March 20, 2006 and
reached a total depth of 14,600 feet on April 25, 2006. The Company found shows of oil and gas in three separate dolomite stringers
within the 400-foot target Smackover formation. The amount of recoverable reserves; however, was deemed to be less than necessary
to warrant a commercial completion and management decided to plug and abandon the well.
Financing
On April 28, 2006, the Company amended its securities purchase agreement with Cornell Capital Partners, L.P. to accelerate issuance
and sale of the final $1,000,000 of the $5,000,000 in 7% secured convertible debentures issuable by the Company under the agreement.
In connection with the amendment to the securities purchase agreement, the Company agreed to issue Cornell warrants to purchase
an additional 6,225,408 shares of the Company's common stock. Details of the financing are provided in the Company's 8-K filing
dated April 28, 2006.
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas company executing its business plan for the exploration, acquisition and
development of crude oil and natural gas properties in the United States. Company management is building an energy portfolio that
will combine low-risk, high-potential projects with higher-yield, moderate-risk projects. The Company focuses on prospects that result
from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements: This release contains certain "forward-looking statements" as defined by the Private
Securities Litigation Reform Act of 1995, as amended, including, without limitation, expectations, beliefs, plans and objectives
regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need
to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development,
fluctuations in gas prices and general economic conditions.

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Date: April 19, 2006
Ignis Petroleum Announces Production in Barnett Shale
Ignis Petroleum Group, Inc. (OTCBB:IGPG) announced today that the Inglish Sisters #3 well in the Barnett Shale has begun
production after a successful completion. The Inglish Sisters #3 began recording revenue on April 7, 2006 and, as of
April 17, 2006, has produced 1,300 barrels of oil and 7.1 million cubic feet of gas. Ignis holds 12.5% of the working interest,
which is equal to a 9.375% net revenue interest, in the well before payout and 10% of the working interest, which is equal to a
7.5% net revenue interest, after payout. Ultimate recovery and reserve estimates will be determined based on an analysis of
production data obtain during the next several months. The well is located in Cooke County, Texas and Rife Energy
Operating, Inc. of Fort Worth, Texas is the operator.
This well is the first of three wells in which Ignis is currently participating in the Barnett Shale. The other two, the Powell #1 well,
located in Montague County, Texas and the Powell #2 well, located in Cooke County, Texas, are scheduled to be fully completed
during the month of April 2006. Ignis holds the same level of working interests and net revenue interests in these wells as it does
in the Inglish Sisters #3 well
Michael P. Piazza, President and CEO of Ignis stated, "We are pleased to have the opportunity to participate in these wells in which
continual improvement in completion techniques are resulting in increased levels of average initial and sustained production rates
in this more "oily province" of the Barnett Shale. These wells are part of Ignis' program to use advancing technology to enable
recovery of oil and gas reserves in the onshore United States while building a diverse portfolio of proven oil and gas properties."
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas company executing its business plan for the exploration, acquisition and
development of crude oil and natural gas properties in the United States. Company management is building an energy portfolio that
will combine low-risk, high-potential projects with higher-yield, moderate-risk projects. The Company focuses on prospects that result
from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements: This release contains certain "forward-looking statements" as defined by the Private
Securities Litigation Reform Act of 1995, as amended, including, without limitation, expectations, beliefs, plans and objectives
regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need
to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development,
fluctuations in gas prices and general economic conditions.

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:laughate: April 19, 2006
Ignis Petroleum Announces Production in Barnett Shale
Ignis Petroleum Group, Inc. (OTCBB:IGPG) announced today that the Inglish Sisters #3 well in the Barnett Shale has begun
production after a successful completion. The Inglish Sisters #3 began recording revenue on April 7, 2006 and, as of
April 17, 2006, has produced 1,300 barrels of oil and 7.1 million cubic feet of gas. Ignis holds 12.5% of the working interest,
which is equal to a 9.375% net revenue interest, in the well before payout and 10% of the working interest, which is equal to a
7.5% net revenue interest, after payout. Ultimate recovery and reserve estimates will be determined based on an analysis of
production data obtain during the next several months. The well is located in Cooke County, Texas and Rife Energy
Operating, Inc. of Fort Worth, Texas is the operator.
This well is the first of three wells in which Ignis is currently participating in the Barnett Shale. The other two, the Powell #1 well,
located in Montague County, Texas and the Powell #2 well, located in Cooke County, Texas, are scheduled to be fully completed
during the month of April 2006. Ignis holds the same level of working interests and net revenue interests in these wells as it does
in the Inglish Sisters #3 well
Michael P. Piazza, President and CEO of Ignis stated, "We are pleased to have the opportunity to participate in these wells in which
continual improvement in completion techniques are resulting in increased levels of average initial and sustained production rates
in this more "oily province" of the Barnett Shale. These wells are part of Ignis' program to use advancing technology to enable
recovery of oil and gas reserves in the onshore United States while building a diverse portfolio of proven oil and gas properties."
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas company executing its business plan for the exploration, acquisition and
development of crude oil and natural gas properties in the United States. Company management is building an energy portfolio that
will combine low-risk, high-potential projects with higher-yield, moderate-risk projects. The Company focuses on prospects that result
from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements: This release contains certain "forward-looking statements" as defined by the Private
Securities Litigation Reform Act of 1995, as amended, including, without limitation, expectations, beliefs, plans and objectives
regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need
to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development,
fluctuations in gas prices and general economic conditions.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.

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DGAP-News: Ignis Petroleum Group Inc.

09:09 15.03.07
Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

------------------------------------------------------------------------------

Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des
Board of Directors

Dallas, Texas, USA. 14. März 2007. Ignis Petroleum Group Inc. (Frankfurt
WKN: A0ETNY, OTCBB: IGPG) gab heute die einstimmige Wahl von Herrn Geoffrey
Lowndes Evett zum Chairman des Board of Directors bekannt. Als ein
Spezialist für Unternehmensplanung und Projektfinanzierung bringt Herr
Evett über 30 Jahre an Erfahrung aus dem Führungsbereich der
internationalen Depositengeschäftsbranche in das Unternehmen ein. Unter
seinen beruflichen Erfolgen ist auch seine Stelle als Chief Manager der
Westminster Bank in London, England. Dort war er mit der Finanzierung
internationaler Gesellschaften und deren Kapitalbedürfnissen beschäftigt.

Herr Evett ist zurzeit ein Non-Executive Director im Board of Directors der
Ignis Petroleum. Dort ist er im Prüfungs- und Vergütungsausschuss tätig. Er
ist gegenwärtig aktiv im Management Board der CR-City, A.S. tätig, ein
tschechisches Immobilienentwicklungsunternehmen. Dort leitete eine
100-Millionen-USD-Finanzierung für ein großes Sanierungsprojekt in Prag.
Herr Evett ist ein Mitglied des British Chartered Institute of Bankers und
wurde vor kurzem zumTreuhänder des British Coronary Thrombosis Trust
ernannt.

'Wir freuen uns, dass Geoff diese Verantwortung in seiner Rolle als
Chairman angenommen hat,' sagte Michael P. Piazza, Chief Executive Officer
und President der Ignis Petroleum. 'Er wird sich auf den
Finanzierungsbedarf der Ignis Petroleum konzentrieren, um das Unternehmen
im Einklang mit den Zielsetzungen des sehr erfahrenen etablierten
Managementteams zu expandieren. Geoff bringt die entscheidende
Finanzfachkenntnis in das Unternehmen ein, die nach unserer Auffassung für
Ignis sehr nützlich sein wird, während wir weitere Explorations- und
Entwicklungsprojekte erwerben und entwickeln.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas,
der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und
Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat
sich strategischen Industriepartnerschaften angeschlossen und baut ein
breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte,
die von der großen Fachkenntnis des Management und des technischen Teams,
den neuen Stellen und der Anwendung neuer Technologien profitieren.
Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc.
Patty Dickerson
100 Crescent Court
7th Floor
Dallas, TX 75201, USA
Tel. [phone]
Fax [phone]
[e-mail]
www.ignispetroleum.com

AXINO AG
Königstr. 26
70173 Stuttgart
Germany
Tel. [phone]
Fax [phone]
www.axino.de

(c)DGAP 15.03.2007

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MK ca 260000 €

was will man mehr

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ca 58 mil shares

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RT 7

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RT 75

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und weiter gehts

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0,63-0,8

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sk 69

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wie gehts weiter ?

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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http://www.ignispetroleum.com/german/

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.
Top-Tipps und aktuelle Themen kostenlos...



Hier geht's zum Archiv









Unsere Analysen stützen sich auf aktuelle Researchberichte renomierter Analystenhäuser.

Die Originalberichte können

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

14-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Directors or Principal Officers. On December 10, 2007, Shawn L. Clift tendered her resignation as the Company's Chief Financial Officer so that she may pursue other opportunities. Ms. Clift has agreed to continue as Chief Financial Officer until no later than December 31, 2007 in order to provide the Company with time to locate and appoint a permanent replacement.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.


Add IGPG.OB to Portfolio Set Alert Email to a Friend

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.


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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.
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DGAP-News: Ignis Petroleum Group Inc.
DGAP-News: Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors

Ignis Petroleum Group Inc. / Personalie

15.03.2007

Veröffentlichung einer Corporate-Mitteilung, übermittelt durch die DGAP - ein Unternehmen der EquityStory AG. Für den Inhalt der Mitteilung ist der Emittent verantwortlich. ---------------------------------------------------------------------------

Ignis Petroleum Group Inc. wählt Geoffrey Lowndes Evett zum Chairman des Board of Directors

Dallas, Texas, USA. 14. März 2007. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) gab heute die einstimmige Wahl von Herrn Geoffrey Lowndes Evett zum Chairman des Board of Directors bekannt. Als ein Spezialist für Unternehmensplanung und Projektfinanzierung bringt Herr Evett über 30 Jahre an Erfahrung aus dem Führungsbereich der internationalen Depositengeschäftsbranche in das Unternehmen ein. Unter seinen beruflichen Erfolgen ist auch seine Stelle als Chief Manager der Westminster Bank in London, England. Dort war er mit der Finanzierung internationaler Gesellschaften und deren Kapitalbedürfnissen beschäftigt.

Herr Evett ist zurzeit ein Non-Executive Director im Board of Directors der Ignis Petroleum. Dort ist er im Prüfungs- und Vergütungsausschuss tätig. Er ist gegenwärtig aktiv im Management Board der CR-City, A.S. tätig, ein tschechisches Immobilienentwicklungsunternehmen. Dort leitete eine 100-Millionen-USD-Finanzierung für ein großes Sanierungsprojekt in Prag. Herr Evett ist ein Mitglied des British Chartered Institute of Bankers und wurde vor kurzem zumTreuhänder des British Coronary Thrombosis Trust ernannt.

'Wir freuen uns, dass Geoff diese Verantwortung in seiner Rolle als Chairman angenommen hat,' sagte Michael P. Piazza, Chief Executive Officer und President der Ignis Petroleum. 'Er wird sich auf den Finanzierungsbedarf der Ignis Petroleum konzentrieren, um das Unternehmen im Einklang mit den Zielsetzungen des sehr erfahrenen etablierten Managementteams zu expandieren. Geoff bringt die entscheidende Finanzfachkenntnis in das Unternehmen ein, die nach unserer Auffassung für Ignis sehr nützlich sein wird, während wir weitere Explorations- und Entwicklungsprojekte erwerben und entwickeln.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas, der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat sich strategischen Industriepartnerschaften angeschlossen und baut ein breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte, die von der großen Fachkenntnis des Management und des technischen Teams, den neuen Stellen und der Anwendung neuer Technologien profitieren. Besuchen Sie für weitere Informationen http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc. Patty Dickerson 100 Crescent Court 7th Floor Dallas, TX 75201, USA Tel. [phone] Fax [phone] [e-mail] www.ignispetroleum.com

AXINO AG Königstr. 26 70173 Stuttgart Germany Tel. [phone] Fax [phone] www.axino.de





DGAP

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Ignis Petroleum Group Inc. / Personalie

05.01.2007

Corporate News übermittelt durch die DGAP - ein Unternehmen der EquityStory AG.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
---------------------------------------------------------------------------

Ignis Petroleum ernennt Robert W. Stancil zum Senior Vice President der
Exploration

Dallas, Texas, USA. 4. Januar 2007. Ignis Petroleum Group Inc. (Frankfurt
WKN: A0ETNY, OTCBB: IGPG) gab heute die Ernennung von Robert W. Stancil zum
Senior Vice President der Exploration bekannt. Herr Stancil, 53, wird für
die Leitung der gesamten Explorationsaktivitäten der Ignis Petroleum
verantwortlich sein, einschließlich der Identifizierung, Bewertung und
Entwicklung neuer Geschäftsmöglichkeiten. Er wird ein Mitglied im
Führungsstab der Ignis Petroleum sein.

Herr Stancil besitzt über 30 Jahre Berufserfahrung in der Öl- und
Gasbranche. Bis vor kurzem war er Vice President of North America
Exploration bei der Anadarko Petroleum Corporation. Dort war er für die
gesamte Exploration auf dem Festland und die Verwaltung des
Explorationsportfolios verantwortlich. Er war ebenfalls an der
Unternehmensstrategie und -planung beteiligt. Davor hatte Herr Stancil
verschiedene Stellen bei Anadarko, einschließlich General Manager und
Senior Vice President der Exploration und Produktion, Anadarko E&P USA
Inc.. Dort war er für die Explorationsgebiete im Ostteil der Golfküste
zuständig. Im Laufe seines Berufslebens leitete er erfolgreiche
Explorationsprogramme in produktiven Explorationsgebieten in den USA mit
besonderem Schwerpunkt auf das Gebiet der Golfküste. Herr Stancil führte
neue Explorationskonzepte in den vollentwickelten Sedimentbecken auf
Anadarkos Liegenschaften ein und führte in den Explorationsgebieten Bossier
in Osttexas, Lower Cotton Valley in Nord-Louisiana und im Miozän in
Süd-Louisiana ein Explorations- und Entwicklungsprogramm mit 52 Bohranlagen
durch.

Herr Stancil ist ein Absolvent der Campbell University in North Carolina
(Bachelor of Science in Geologie). Er ist ein Mitglied der American
Association of Petroleum Geologists, der derzeitige Vice Chairman des
Komitees zur Ressourcen-Bewertung der Houston Geological Society und
Lafayette Geological Society. Während seiner Amtszeit im National Petroleum
Council von 2002 bis 2003 leitete er als Mitglied der Supply Task Group des
National Petroleum Council die unkonventionelle Ressourcen-Abschätzung für
Erdgas in Nordamerika.

Michael P. Piazza, CEO der Ignis, sagte: 'Wir freuen uns sehr, dass Bob dem
Managementteam der Ignis beitritt. Dies ist eine sehr wichtige Stelle im
Unternehmen und ich erwarte, dass Ignis signifikant von Bobs über
30jähriger Erfolgsgeschichte in der Exploration und Produktion sowie von
seinem dynamischen Führungsstil profitieren wird.'

Ignis Petroleum

Ignis Petroleum Group Inc. ist ein Öl- und Gasproduzent aus Dallas, Texas,
der sich auf die Exploration, Akquisition und Entwicklung von Erdöl- und
Erdgasvorräten in den USA konzentriert. Das Management des Unternehmens hat
sich strategischen Industriepartnerschaften angeschlossen und baut ein
breit gefächertes Energie-Portfolio auf. Es konzentriert sich auf Projekte,
die aus neuen Pachtmöglichkeiten, neuen Technologien und neuen
Informationen entstehen. Besuchen Sie für weitere Informationen
http://www.ignispetroleum.com/

Für weitere Informationen wenden Sie sich bitte an:

Ignis Petroleum Group Inc.
Patty Dickerson
100 Crescent Court
7th Floor
Dallas, TX 75201
Tel. [phone]
Fax [phone]
[e-mail]
www.ignispetroleum.com

AXINO AG
Königstr. 26
70173 Stuttgart
Germany
Tel. [phone]
Fax [phone]
www.axino.de





DGAP 05.01.2007

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.
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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.

[candan]

UNITED STATES OMB APPROVAL
(Check One): SECURITIES AND EXCHANGE OMB Number: 3235-0058
x Form 10-K COMMISSION Expires: March 31, 2006
¨ Form 20-F Washington, D.C. 20549 Estimated average burden hours per response . . . 2.50
¨ Form 11-K
¨ Form 10-Q FORM 12b-25 SEC FILE NUMBER
¨ Form 10-D 000-50929
¨ Form N-SAR NOTIFICATION OF LATE
¨ Form N-CSR FILING CUSIP NUMBER


















For Period Ended: June 30, 2007
¨ Transition Report on Form 10-K
¨ Transition Report on Form 20-F
¨ Transition Report on Form 11-K
¨ Transition Report on Form 10-Q
¨ Transition Report on Form N-SAR

For the Transition Period Ended:












Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.








If
the
notification relates to a portion of the filing checked above, identify the
Item(s) to which the notification relates:



















PART
I - REGISTRANT INFORMATION








Ignis
Petroleum Group, Inc.


Full
Name of Registrant





Not
applicable








Former
Name if Applicable





One
Legacy Town Center


7160
Dallas Parkway, Suite 380


Plano,
Texas 75024


Address
of Principal Executive Office


















































PART
II - RULES 12b-25(b) AND (c)





If
the
subject report could not be filed without unreasonable effort or expense
and the
registrant seeks relief pursuant to Rule 12b-25(b), the following should
be
completed. (Check box if appropriate)






(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
x (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.








PART
III - NARRATIVE





State
below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR,
N-CSR,
or the transition report or portion thereof, could not be filed within the
prescribed time period.





We
are filing this Form 12b-25 because
we have been unable to compile the requisite financial data necessary to
complete our annual report on Form 10-KSB by September 28, 2007
without reasonable effort and expense. We intend to file
our annual report on Form 10-KSB within the time period specified by Rule
12b-25(b)(2)(ii) of the Securities Exchange Act of 1934, as
amended.











(Attach
Extra Sheets if Needed)


PART
IV - OTHER INFORMATION






(1) Name and telephone number of person to contact in regard to this notification









Shawn L. Clift 972-526-5251
(Name) (Telephone Number)









(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
x Yes ¨ No

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
x Yes ¨ No








If
so,
attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.










































Reclassification
and Restatement of
June 30, 2006





Reclassifications







For
the
twelve-month period ended June 30, 2006, we elected to reclassify the costs
as presented in the Statement of Operations. The original
presentation did not separately disclose lease operating expense and
production taxes for oil and gas operations. We reclassified the
netted oil and natural gas sales from $519,535 to $553,266. Production
tax was
$28,466. We reclassified lease operating expense for the Acom A-6 well
from
proved property to expense in the amount of $1,866.







The
original presentation included amortization of debt in general and
administrative expense. We reclassified amortization expense of $130,122
to
interest expense.





Restatement
of 2006 Consolidated Financial Statements





We
identified an error in recording exploration expenses. We recorded
additional exploration costs in the amount of $274,082. We elected to write
down
the North Wright Field asset balance of $199,082 to zero. We recorded
a $75,000 delay rental for the Sherburne prospect that was inadvertently
recorded as an asset which has been corrected in this restatement.





We
identified an accounting error in recording gross and net revenue and lease
operating expense for the Barnett Shale property in Cooke County,
Texas. We did not accrue revenue for April, May, and June 2006 as we
did not accrue the associated production tax and lease operating
expense. This resulted in an understatement of accounts receivable in
the amount of $17,482, understatement of revenue in the amount of $23,014,
understatement of production tax in the amount of $1,261 and lease operating
expense of $4,304, each of which has been corrected in this
restatement.





We
also
identified an error in recording depletion. We recorded an additional $51,653
in
depletion expense under the units of production method which has been corrected
in this restatement.











In
addition, we identified errors in our accounting for the warrant liability
issued to Cornell Capital Partners, LP and recording the issuance of
shares of our common stock. The warrant liability error relates to
adjusting the warrant liability for changes in fair market value on a quarterly
basis. We historically recorded the fair market value of the warrant
liability at inception with no subsequent adjustments for changes in the
market
value. As a result, we did not record the gain/loss on change in the
warrant liability as of June 30, 2006.









The
warrant liability error resulted in an understatement of warrant liability
of
$1,280,014 for the twelve
months ended June 30, 2006. The share issuance error resulted
in an understatement of general and administrative expenses by $189,000
for the
issuance of 128,125 shares of our common stock in August 2005 and $644,000
for
the issuance of 350,000 shares of our common stock in October 2005. These
corrections had no effect on our revenue, total assets, cash flow or
liquidity for any period. In addition, we identified an error in the
recording of the original warrants dated April 28, 2006 at $0.93 and warrants
dated April 28, 2006 at $0.81 were recorded $374,000 below fair market
value. The fair market value exceeded the principal value of
$5,000,000 and any fair market value in excess of the principal value should
have been expensed at inception of the recording of the debt which properly
states the true liability. We have deleted the reduction and we will use
the
full fair market value as calculated by the Black-Scholes model to record
gain/loss on the value of the warrants,







We
identified an error in our
accounting for the derivative liability issued to Cornell Capital Partners
LP. Under the Secured Convertible Debenture, Section 3(b)(i) limits
the number of shares issuable to Cornell Capital Partners, LP upon conversion
to
4.99% of the outstanding stock at time of conversion. Under section 39(a)(ii)
of
the same agreement, we are required to pay cash in lieu of shares for the
portion greater than 4.99%. The amount of cash is determined by the
number of shares issuable upon conversion and the current market price of
our
stock. Since the number of shares issuable is calculated using 94% of
the market price, the cash conversion results in approximately a 6% premium
paid
on conversion. As a result, the value of the derivative liability
related to the conversion in excess of 4.99% will be based on the conversion
premium at the end of the reporting period, the Cash Premium Method rather
than
using the Black-Scholes model. We corrected the derivative liability
for the period ended June 30, 2006 resulting in a decrease in the liability
of
$1,455,678.










































We
also
identified an error in accounting for the amortization of the debt discount
related to the $5,000,000 Convertible Debenture issued to Cornell Capital
Partners, LP. We calculated the amortization of the debt discount
using the effective interest method that amortized the largest amount in
the
first year decreasing to zero over the life of the debentures. The
proper method is to amortize the smaller amount or near zero amortization
in the
first year and exponentially increasing in the later years because the debt
balance is zero at inception. We corrected the method of amortization in
this
restatement resulting in a decrease to interest expense and increase to the
debt
discount of $28,042. For the period ended June 30, 2006 the balance
of convertible debt less debt discount was $2.











The
effects of these changes on the consolidated balance sheet as of June 30,
2006,
and the statements of operations for the twelve month period ended June
30, 2006
are summarized as follows:












June 30, 2006 June 30, 2006
As Previously Reported Adjustments As Restated

Accounts receivable 55,782 17,482 73,264
Property and equipment: 2,521,869 (438,170 ) 2,083,699
Oil and gas properties, successful efforts method
Other assets 669,760 28,042 697,802
Accounts payable and accrued expenses 1,089,396 3,366 1,092,762
Long-term debt less debt discount 1,931,886 (1,831,884 ) 100,002
Derivative liability 2,604,813 (1,455,678 ) 1,149,135
Warrant liability 3,694,293 1,280,014 4,974,307
Accumulated deficit (12,716,068 ) 2,098,302 (10,617,766 )

Revenues from oil and gas product sales 519,535 33,731 553,266
Lease operating expense - 5,647 5647.18
Production an ad valorem taxes - 28,466 28466.32
Depreciation and depletion 494,493 51,653 546,146
Exploration expenses, including dry holes 4,813,268 274,082 5,087,350
General and administrative expenses 4,233,971 (130,122 ) 4,103,849
Loss) from valuation of derivative liability 1,299,201 (175,664 ) 1,123,537
Interest expense 2,102,681 (1,826,646 ) 276,035
Basic and diluted loss per common share (0.26 ) 0.04 (0.22 )













































Ignis
Petroleum Group, Inc.


(Name
of Registrant as Specified in Charter)





has
caused this notification to be signed on its behalf by the undersigned hereunto
duly authorized.







Date: September 28, 2007 By: /s/ Shawn L. Clift
Shawn L. Clift
Chief Financial Officer








INSTRUCTION:
The form may be signed by an executive officer of the registrant or by any
other
duly authorized representative. The name and title of the person signing
the
form shall be typed or printed beneath the signature. If the statement is
signed
on behalf of the registrant by an authorized representative (other than an
executive officer), evidence of the representative’s authority to sign on behalf
of the registrant shall be filed with the form.

[candan]

Ignis Petroleum Group Inc. Announces Executive Changes
12/28/2007

On December 19, 2007, Ignis Petroleum Group Inc. announced that Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted Board of Directors appointment to the Board, filling a prior vacancy. Mr. Dorman has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC. Mr. Evett joined the Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic.

[candan]

Gasfirmen im Barnett Shale, Texas, zu Ausverkaufspreisen
Leser des Artikels: 3174

Öl- und Gas-Aktien sind so billig wie seit langem nicht mehr. Viele Aktien aus dem Sektor haben korrigiert. Wir glauben, dass dies für Stockpicker der ideale Zeitpunkt ist, günstige Gelegenheiten zu finden, denn mittelfristig stehen die Chancen hoch, dass der Ölpreis wieder steigt - vielleicht schon nach den Mid-Term-Wahlen in den USA. Apropos USA. Im Barnett Shale, Texas, sind uns zwei Unternehmen aufgefallen, deren Kurse regelrecht unter die Räder gekommen sind. Beide besitzen eine gesunde Asset-Basis oder erwerben diese soeben und beide Unternehmen traden zu Ausverkaufspreisen. Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) hat sich im Wert gezehntelt. Die Aktie ist von 2,70 USD Anfang des Jahres auf 0,25 USD gefallen. Laut Mitteilung von Ende September schließt die Firma gerade eine Akquisition von 45 Prozent einer privaten Gasgesellschaft ab, die den Wert von Ignis verdreifachen sollte. Terax Energy Inc. (WKN T5E.FSE, OTCBB: TERX.OB), ebenfalls im Gebiet Barnett Shale tätig, notierte Anfang des Jahres sogar bei 3,00 USD und ist nach einem Durchsacken auf 0,08 USD wieder bei 0,34 USD.




Barnett Shale ist, gemessen an der Produktion, inzwischen das drittgrößte Gasfeld in den USA und ist auf dem besten Weg, in den kommenden Jahren das förderstärkste Feld der USA zu werden. Experten schätzen, dass es zur vollen Entwicklung des Feldes ca. 20.000 Bohrungen geben muss. Derzeit schafft die Branche gerade einmal rund 1.800 pro Jahr, sodass noch Entwicklungspotenzial über 10, realistischer wohl 15 Jahre besteht. Schon heute besteht kein Zweifel mehr, dass die USA ihren "domestic supply" zu großen Teilen aus dem so genanntem "unkonventionellen Gas und Öl" der Barnett-Shale-Formation beziehen werden. Der Terminus "unkonventionell" deutet darauf hin, dass das Gas oder Öl nicht - wie bei herkömmlichen Bohrungen - durch den Eigendruck der Formation frei fließt, sondern in jedem Falle aus der dichten Schieferformation, in der es wie in den Poren eines Schwammes eingeschlossen ist, zuerst freigesetzt werden muss. Die Schieferschicht ist so dicht, dass sie mit hohem Druck hydraulisch gesprengt werden muss, bevor Gas gefördert werden kann. Dadurch erhöhen sich einerseits die Förderkosten. Andererseits ist das Findrisiko im Barnett Shale annähernd Null. Im Wesentlichen hängt der Erfolg bei Barnett-Shale-Projekten davon ab, prospektives Land günstig zu erwerben und es technisch sauber und so kostengünstig wie möglich zu entwickeln. Spannend wird Barnett Shale durch den enormen technischen Fortschritt, der in den vergangenen zwei Jahren stattgefunden hat und der insbesondere durch spezielle horizontale Bohrtechniken die Produktivität der Gas führenden Schichten vervielfacht hat. Wenn man so will ist Barnett Shale eigentlich die Kombination aus Technologie-Play und Rohstoff-Play.

Ignis Petroleum Group Inc. hat die Akquisition von 45 % der Landflächen, der produzierenden Liegenschaften und Erdgassammel- und Aufbereitungssysteme beschlossen, die zur Zeit im Besitz der W.B. Osborn Oil & Gas Operations Ltd. ("WBO") und St. Jo Pipeline Limited sind. Diese Liegenschaften und Anlagen befinden sich auf dem St. Jo-Ridge-Feld (Barnett Shale) in den Gemeinden Montague und Cooke, Texas. Nach Abschluss wird das Datum des Inkrafttretens der Transaktion der 1. Juni 2006 sein. WBO wird der Betreiber bleiben.

Der Kaufpreis beträgt 18.450.000 USD, vor Abschlussanpassungen, zahlbar in bar. Die Anpassungen werden von Zeit zu Zeit bestimmt werden, nach Produktionsbeginn und nach Verbuchung der Bohrinvestitionen der Parteien. Als Teil der Transaktion wird sich Ignis dazu verpflichten, in das laufende Bohrprogramm zu investieren sowie bis zu 5.000.000 USD in zukünftige Liegenschaftsakquisitionen innerhalb eines Explorationsgebietes von gemeinsamen Interesse zu investieren.

Ignis wird 45 % von WBOs Anteil an 7.890 Acres (6.864 Acre netto), 13 produzierenden Quellen und an geschätzten nachgewiesenen Vorräten von insgesamt 1,4 Mio. Barrel Öl-Äquivalent (Mboe) erwerben. Davon sind 0,5 Mboe nachgewiesen und entwickelt. Diese Vorräte werden seit 1. Juni 2006 gefördert. Ungefähr 50 % der nachgewiesenen Vorräte sind Öl und 50 % sind eine Kombination aus Erdgas und flüssiger Kohlenwasserstoffe. Das Erdgassammel- und Aufbereitungssystem besteht aus einem 100 %-Anteil an ungefähr 24 Meilen an Sammelleitungen, die das Erdgas zur Aufbereitung in eine zentrale Anlage leiten. WBO hat auf den Landflächen vor Beginn der Infill-Bohrungen anfänglich 36 Bohransatzpunkte identifiziert. Die Infill-Bohrungen könnten mehr als 100 zusätzliche Bohrstellen mit sich bringen. Gegenwärtig wird zur Ausführung des laufenden Bohrprogramms eine Bohranlage der Pioneer Drilling Company unter einem verlängerbaren 12-Monatsvertrag eingesetzt.

Wir gehen davon aus, dass die Transaktion bis Mitte November abgeschlossen werden kann. Der Erwerb von WBO würde den inneren Wert von Ignis verdreifachen. Nach dem Muster der WBO-Akquisition kann Ignis, deren Stärke sowohl das M&A Geschäft wie das technische Know how sind, im Prinzip beliebig viele weitere Assets aufsammeln, ohne zu dilutieren.

Terax Energy Inc. ist ein Rohstoff-Unternehmen mit Sitz in Dallas, Texas, USA. Terax Energy hat sich ebenfalls auf die Entwicklung und Förderung von Erdgas-Vorkommen aus der geologischen Formation Barnett Shale in Texas spezialisiert. Die Projekte von Terax Energy liegen in den Bezirken Comanche County und Erath County und umfassen netto 23.000 acre (93 km2) und einen Anteil an den Einnahmen aus dem Verkauf von Erdgas (net revenue interest) von 81,5 % (netto).

In Erath County hat das Unternehmen vier Quellen fertig gebohrt. Eine Quelle wird derzeit gebohrt und eine weitere folgt. Für zwei Quellen wurde das Pipeline-System bestehend aus den Pipelines selbst, Tanks und Kompressoren fertig gestellt. Das Pipeline-System für die nächsten 2 Quellen wird voraussichtlich Ende Mai fertig sein. Die so genannten FMI-Logs von der Bohrung von drei Quellen deuten auf Erdgas-Vorkommen von 9 Bcf, 27,6 Bcf und 30,6 Bcf pro Quadratmeile hin. Mit fünf neu gebohrten Quellen in weniger als 6 Monaten, schreitet Terax Energy schnell voran. Dies wird ermöglicht durch Kapital, das im Laufe der vergangenen 12 Monate aufgenommen wurde, darunter eine Privatplatzierung im Umfang von 6,2 Mio. EUR im September 2005, ein Überbrückungskredit über 4,2 Mio. EUR im Dezember 2005 und eine Aktienemission im Umfang von 13,3 Mio. EUR im Februar 2006.

Im Zuge der hohen Gaspreise werden viele neue Quellen gebohrt, was die Verfügbarkeit von Bohrgeräten reduziert und viele kleine Öl- und Gasunternehmen daran hindert zu wachsen. Terax Energy hat den Zugriff auf Bohrgeräte gesichert. Terax Energy schätzt für Ende 2006 eine Tagesproduktion von 11.000 Mcf Erdgas und nachgewiesene Reserven von brutto 106 Bcf (86,39 Bcf netto). Terax Energy schätzt einen Umsatz aus dem Verkauf von Erdgas von 11 Mio. EUR in 2006 und 38 Mio. EUR in 2007 und ein EBITDA von 8 Mio. EUR in 2006 und 30 Mio. EUR in 2007.

Autor: Sven Olsson

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf

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www.ignispetroleum.com

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http://www.ignispetroleum.com/german/

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Der Ölvorrat ist begrenzt. Obwohl die Ölproduktion jedes Jahr steigt, ist es eine historisch belegte Tatsache, dass in den 1960er-Jahren die Entdeckung von Ölfeldern den Höhepunkt erreichte. Auch wenn neue geologische und geophysikalische Technologien eine ziemlich große Zahl an kleinen und mittleren höffigen Gebieten für die Exploration bereitstellen, so ist eine Rückkehr zu den großen Vorräten der 1960er-Jahre unwahrscheinlich. Da den Vereinigten Staaten rasch das Öl ausgeht (siehe Graphik), wird die Verlagerung des Schwerpunkts auf andere Energiequellen von globaler Bedeutung sein.




http://www.ignispetroleum.com/german/

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Kennzahlen

Aktien im Umlauf 57.841.982
Marktkapitalisierung EUR 173.525,95

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Übersetzung: Englisch » Deutsch
Ignis führt Geduld Einvernehmen mit ya Global Investments
Donnerstag 7. August, 12.04 Uhr ET

DALLAS - (BUSINESS WIRE) - Ignis Petroleum Group, Inc. (OTCBB: IGPG - Nachrichten) gibt bekannt, dass am 18. Juli 2008, Ignis Petroleum Group, Inc. (das "Unternehmen") und YA Global Investments, LP ( "YA Global ") ausgeführt, ein Abkommen Geduld. Gemäß der Vereinbarung, Ignis hat sich bereit erklärt, mit Pay-YA global $ 55000 monatlich für die Zeit der Geduld Vereinbarung. YA Global hat sich bereit erklärt, eine Umstrukturierung der Schuldverschreibungen. Im Rahmen der neuen Vereinbarung, die Schuldverschreibungen haben einen festen Wandlungspreis von $ 0,03.
WERBUNG



Alle Einzelheiten der Vereinbarung finden Sie mit Edgar Online in der Gesellschaft 8K Einreichung von 23. Juli 2008.

Geoff Evett, President und CEO von Ignis, sagte: "Wir sind sehr zufrieden mit der neuen Regelung, was als wichtiger Schritt bei der Ausführung unseres fortlaufenden Programms zur Umstrukturierung des Unternehmens Organisation und Kapitalstruktur. Die Vereinbarung sieht vor Ignis wertvolle Zeit benötigt, um mit der oben genannten Programm und neue Investitionsmöglichkeiten.

"Hinzu kommt, dass die vereinbarten festen Wandlungspreis bietet unseren Aktionären für das erste Mal mit einem klaren Blick auf das Potenzial Überhang im Zusammenhang mit den Schuldverschreibungen mit YA Global. Wir halten es von größter Bedeutung, um unsere Kapitalstruktur zur Erweiterung des Unternehmens.

"Der Dialog mit YA Global ist offen und konstruktiv und versorgt uns mit Vertrauen in unsere Fähigkeit, die notwendigen Schritte zum Aufbau des Shareholder-Value, und wir freuen uns darauf, unseren Aktionären mit regelmäßigen Updates auf die Fortschritte, die beide funktional und organisatorisch.

"Außerdem freue ich mich, mitteilen zu können, dass wir engagiert die Leistungen der Schwarz & Lakmaaker Kommunikation, ein Investor-Relations-Firma, wird die Unterstützung Ignis mit seiner Anteilseigner Kommunikation. Wir suchen zur deutlichen Verbesserung unseres Dialogs mit den Investoren, diese Ernennung wird der erste Schritt. "

Über Ignis Petroleum

Ignis Petroleum Group, Inc. ist ein Dallas-Öl-und Gasförderung Unternehmen, das sich auf die Exploration, Akquisition und Entwicklung von Erdöl und Erdgas Reserve in den Vereinigten Staaten. Das Management des Unternehmens hat sich eng an die Industrie mit strategischen Partnerschaften und baut ein diversifiziertes Portfolio Energie. Es konzentriert sich auf die Perspektiven, die durch eine neue Leasing-Möglichkeiten, neue Technologien und neue Informationen. Für weitere Informationen, besuchen Sie www.ignispetro.com.

Safe Harbor für die Zukunft gerichtete Aussagen

Diese Mitteilung enthält bestimmte "vorausschauende Aussagen" im Sinne des Private Securities Litigation Reform Act "von 1995, einschließlich, ohne Einschränkung, Erwartungen, Überzeugungen, Pläne und Ziele in Bezug auf die potenziellen Transaktionen und Vorhaben in diesem Release. Zu den wichtigen Faktoren, könnten dazu führen, dass tatsächliche Ergebnisse erheblich von denen, die uns von diesen zukunftsgerichteten Angaben enthalten sind die Risiken in-Öl-und Gasexploration, die Notwendigkeit, zusätzliche Finanzmittel, die Verfügbarkeit der benötigten Personal und Ausrüstung für die künftige Exploration und Entwicklung, Schwankungen der Gaspreise und allgemeine wirtschaftliche Bedingungen.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

[candan]

Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com.
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[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf

[candan]

www.ignispetroleum.com

[candan]

http://www.ignispetroleum.com/german/

[candan]

mk 170000

[candan]

58 mil shares

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

Weitere Informationen finden Sie auf www.ignispetroleum.com

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

[candan]

Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

[candan]

Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]
Source: Ignis Petroleum Group, Inc.

[candan]

Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

[Picker56 [KommA]]

Ich frage mich wirklich ob man jeden Artikel 5 - 6 Mal rein stellen muss, 1 X hätte als Info doch auch gereicht und würde den tread nicht voll müllen.

Dennoch danke für jede informative Neuigkeit.

[candan]

ganz einfach,
da der thread leider nur von mir genutzt wird muss man eben die artikel mehrfach reinsetzen um den bekanntheitsgrad zu steigern d.h. top 50 der meistdiskutierten aktien.


ich will das igpg steigt und das geht ja eben nur wenn es käufer gibt die genau so an igpg glauben wie ich.

würd mich aber auch freuen wenn sich mal jemand die mühe machen würde was zu schreiben

[pirker7]

Antwort auf Beitrag Nr.: 34.712.834 von candan am 12.08.08 21:37:59

Ja, ganz einfach - erreicht man damit genau das Gegenteil als beabsichtigt.
Ernsthafte Interessenten erwarten eine sachliche, prägnante und kurze Darstellung von Fakten.
Wiederholungen und Nichtssagendes sind einem ein Greuel und daher kontraproduktiv !!!

[candan]

ok

[candan]

leider ist es echt ruhig um igpg

[candan]

ignis ist meiner meinug nach die interessanteste aktie am markt,
da der kurs seit jahren bzw monaten nur nach unten geht.

anscheinend läuft der betrieb aber

nur eine erklärung dafür das die mk bei 180000 € liegt hab ich nicht, die anzahl der shares hat sich in den letzten monaten auch nicht verändert

[candan]

Antwort auf Beitrag Nr.: 34.713.380 von pirker7 am 12.08.08 22:58:44

noch mal auf dein anmerkung zurückzukommen,
es gibt genug leute hier die nach aktien mit potenzial suchen,aber was der aktonär nicht kennt kauft der nicht.

[candan]

oder was meinst du

[candan]

ich find es schade das der kurs so versauert

[candan]

und wieder allein

[candan]

[candan]

wie gehts heut weiter?

[candan]

in letzter zeit war es ja so mal hoch dann wieder tief.



aber irgenwann geht hier mal richtig ab

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

28-Dec-2007

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 19, 2007, Michael P. Piazza tendered his resignation as a Director and, effective as of December 31, 2007, as President, Chief Executive Officer and Treasurer. On the same date, our Board of Directors appointed Mr. Geoff Evett to serve, on an interim basis, as our President and Chief Executive Officer. On December 27, 2007, Mr. James H. Dorman accepted our Board of Directors appointment to the Board, filling a prior vacancy.

Mr. Dorman (age 74) has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001 he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Mr. Evett (age 67) joined our Board of Directors on August 30, 2005. Mr. Evett is a former banker with 33 years of experience. During the past six years, Mr. Evett has acted as a finance consultant to a major property development in the Czech Republic. He has also been involved with the development of a mixed commercial development in Prague. Mr. Evett serves as a director of Themis MN Fund Limited, a hedge fund listed on the Dublin Stock Exchange and serves as a partner in Capital Management Solution, a fund management company. He is also an agent for Banque SCS Alliance, a Swiss bank based in Geneva.

[candan]

Form 8-K for IGNIS PETROLEUM GROUP, INC.

16-Jan-2008

Termination of a Material Definitive Agreement


Item 1.02 Termination of a Material Definitive Agreement.

On December 21, 2007, our Services Agreement, dated November 15, 2006, with Ignis Barnett Shale, LLC ("IBS") was automatically terminated pursuant to its term upon our removal as the B Manager of the Amended and Restated Limited Liability Company Agreement of IBS, dated November 15, 2006 (the "LLC Agreement"), by Silver Point Capital L.P. ("Sliver Point"). The Services Agreement was entered into on November 15, 2006 for the purpose of providing management and administrative services to IBS in exchange for payment of $50,750 per month during the initial 12 months and $43,250 per month thereafter. The LLC Agreement remains in effect and unchanged.

The description contained in this Item 1.02 of the terms of the LLC Agreement is qualified in its entirety by reference to the description of the LLC Agreement set forth in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 21, 2006, and the full text of the LLC Agreement, a copy of which is attached as Exhibit 10.1 to such Current Report on Form 8-K.

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Income Statement Get Income Statement for:




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 593 581 341 420
Cost of Revenue 106 82 45 437

Gross Profit 488 499 295 (17)

Operating Expenses
Research Development - - - -
Selling General and Administrative 446 371 727 642
Non Recurring - - - -
Others 60 57 73 (28)

Total Operating Expenses - - - -


Operating Income or Loss (18) 71 (505) (631)

Income from Continuing Operations
Total Other Income/Expenses Net 28 91 190 3,429
Earnings Before Interest And Taxes 10 162 (314) 2,798
Interest Expense 218 197 174 (621)
Income Before Tax (208) (35) (488) 3,418
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (208) (35) (488) 3,418

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (208) (35) (488) 3,418
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares ($208) ($35) ($488) $3,418

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Form 8-K for IGNIS PETROLEUM GROUP, INC.

23-Jul-2008

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01. Entry into a Material Definitive Agreement.

On July 18, 2008, Ignis Petroleum Group, Inc. (the "Company") and YA Global Investments, L.P. (f/k/a Cornell Capital Partners L.P. and referred to herein as "Ya Global") executed a forbearance agreement under which, YA Global agreed, subject to specified limitations and conditions, to forbear from exercising its rights and remedies arising from the Company's failure to register with the Securities and Exchange Commission shares of its common stock underlying its secured convertible debentures, for the period commencing on July 17, 2008 and ending on January 5, 2009 (the "Forbearance Period"). Under the Forbearance Agreement, the Company agreed to make payments of $55,000 per month of the Forbearance Period to YA Global beginning with the month of August.

Furthermore, pursuant to the terms and conditions of the Forbearance Agreement, contemporaneously with the execution and delivery of the Forbearance Agreement, the Company amended each of the following secured convertible debentures issued by the Company (the "Debentures") by executing amendments having the effect that the Fixed Conversion Price (as defined in the Debentures) under each Debenture shall be $0.03: Secured Convertible Debenture issued to YA Global on January 5, 2006, in the original principal amount of $2,500,000, No. CCP-1, Secured Convertible Debenture issued to YA Global on February 9, 2006, in the original principal amount of $1,500,000, No. CCP-2, and Secured Convertible Debenture issued to YA Global on April 28, 2006, in the original principal amount of $1,000,000, No. CCP-3

A copy of the Forbearance Agreement, including the amendments to the Debentures, is included as Exhibit 4.1.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Exhibit Description

4.1 Forbearance Agreement between the Company and YA Global, dated July 17, 2008

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Press Release Source: Ignis Petroleum Group, Inc.


Ignis Executes Forbearance Agreement with YA Global Investments
Thursday August 7, 12:04 pm ET

DALLAS--(BUSINESS WIRE)--Ignis Petroleum Group, Inc. (OTCBB: IGPG - News) announces that on July 18th 2008, Ignis Petroleum Group, Inc. (the “Company”) and YA Global Investments, L.P. (“YA Global”) executed a forbearance agreement. Under the terms of the agreement, Ignis has agreed to pay YA Global $55,000 monthly for the period of the forbearance agreement. YA Global has agreed to a restructuring of the debentures. Under the new agreement, the debentures have a fixed conversion price of $0.03.
ADVERTISEMENT



Full details of the agreement can be found with Edgar Online in the Company’s 8K filing of 23rd July 2008.

Geoff Evett, President and CEO of Ignis, stated, “We are very pleased with the new arrangement, which constitutes an important step in the execution of our ongoing program to restructure the Company’s organization and capital structure. The agreement provides Ignis with valuable time needed to continue with the aforementioned program and explore new investment opportunities.

“Furthermore, the agreed fixed conversion price provides our shareholders for the first time with a clear view of the potential overhang related to the debentures with YA Global. We consider it of paramount importance to clean up our capital structure in order to expand the Company.

“The dialogue with YA Global is open and constructive and provides us with confidence in our ability to take the necessary steps towards building shareholder value and we look forward to providing our shareholders with regular updates on the progress made both operationally and organizationally.

“Additionally, I am pleased to announce that we have engaged the services of Schwarz & Lakmaaker Communication, an investor relations firm, who will be assisting Ignis with its shareholder communications. We are looking significantly to improve our dialogue with the investment community, this appointment being the first step.”

About Ignis Petroleum

Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements

This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.


Contact:
Schwarz & Lakmaaker Communication
Marc Lakmaaker, [phone](Switzerland)
Email: [e-mail]

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Unternehmensprofil

Ignis Petroleum Group, Inc. (OTC BB: IGPG) ist ein Erdöl- und Erdgas-Förderunternehmen mit Sitz in Dallas (in Texas, USA). Das Unternehmen hat sich auf die Exploration, den Erwerb und die Entwicklung von Erdöl- und Erdgas-Reserven in den USA spezialisiert.

Ignis Petroleum Group, Inc. hat den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45-prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres (3.200 Hektar) Land im Barnett Shale einschließlich Pipelines sowie Gasaufbereitungsanlagen und sonstiger Infrastruktur. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Vorbesitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 10 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen. Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern, vor allem durch eine seltene Kombination aus technischem und finanziellem Know-how. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird.

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www.ignispetroleum.com

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mk 180000

shares 58 mil

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in d ist ja auch wieder mal handel

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Major Drilling Group erwartet strukturelle Veränderungen für den Minensektor




26.03.08 Werner Rehmet - GOLDINVEST.de Daily - http://www.goldinvest.de



In boomenden Rohstoffzeiten spielen Dienstleister rund um den Minensektor eine wichtige Rolle. Die Major Drilling Group, zweitgrößter Dienstleister weltweit, erwartet in der Zukunft gravierende Veränderungen.



Werner Rehmet - Redaktion GOLDINVEST.de






Neben den Minengesellschaften selbst spielen auch die Anbieter von Bergbaudienstleistungen eine herausragende Rolle in einem boomenden Rohstoffumfeld. Zum einen sind diese Unternehmen selbst als Investment interessant, da viele Gesellschaften, die im Bergbau tätig sind, deren Dienstleistung in Anspruch nehmen müssen.

Zum anderen sind Unternehmen wie die Major Drilling Group Inc. (ISIN CA5609091031, WKN 894315) auch eine Art „Seismograph“, um die Stimmung des Marktes auszuloten. Die Major Drilling Group ist der größte Anbieter von Bergbaudienstleistungen in Kanada und der zweitgrößte Anbieter weltweit.

Francis McGuire, der CEO des im kanadischen New Brunswick sitzenden Konzerns, erwartet in der Zukunft erhebliche strukturelle Veränderungen. Herausforderungen auf der Angebotsseite werden einer der entscheidenden Faktoren sein, der die Rohstoffpreise in den nächsten 15 Jahren oben halten wird, egal wie sich die Nachfrage entwickelt, so McGuire in einem Interview.

Insgesamt sieht er den gesamten Sektor in einem klaren zyklischen Aufwärtstrend. In den letzten drei bis vier Jahren wurden dabei unglaubliche Summen in den Explorationsmarkt gepumpt. Seit dem Jahrestief bei 3 Mio. USD in 2003 stiegen die Explorationsausgaben auf 14 Mrd. USD bis zum Jahr 2007.

Doch der Fokus wird sich in den nächsten Jahren verändern. Die Zeiten des „leichten Rohstoffabbaus“ seien vorbei, so McGuire. In der Zukunft wird in immer schwieriger zugänglichen Regionen gearbeitet werden und hierzu wird auch immer spezielleres Bohrgerät notwendig sein.

Insbesondere wenn es in unwirtliche Gegenden wie in die Arktis oder in die Wüste Gobi geht und hierfür geeignetes Gerät notwendig ist. Der Mangel an neuen großartigen Entdeckungen wird diesen Trend, aber auch feindliche Übernahmen noch verstärken.

Seit dem Jahr 2000 hätte nur Ivanhoe Mines mit seinem Kupfer- und Goldprojekt in der Mongolei eine neue, herausragende Entdeckung getätigt. Die Technik wird sich zukünftig immer weiter spezialisieren müssen. Es wird immer tiefer gehen und immer riskanter werden.

In den letzten 50 Jahren bohrten die meisten Explorer in Tiefen von 200 bis 300 Metern. 800 bis 1.000 Meter unter der Erde galt als tief, heute eher ein mittlerer Wert. Wenn es dreimal tiefer geht als bisher, wird sich die Zeitspanne bis zur Förderung versechsfachen, eine unglaubliche Herausforderung für die Zukunft.

Mit dem steigenden Schwierigkeitsgrad neue Gebiete zu erforschen steigen gleichzeitig auch die Kosten und somit auch die Preise für Metall, unabhängig von der Nachfrageseite. Aus Sicht der Major Drilling Group sollten wir auf längere Sicht von hohen Rohstoffkosten ausgehen.







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Disclaimer: GOLDINVEST.de bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf www.goldinvest.de zu veröffentlichen. Für diese Inhalte übernimmt GOLDINVEST.de weder Haftung noch Gewähr. Dies gilt insbesondere für unvollständige oder falsch wiedergegebene Meldungen, falsche Kursangaben und redaktionelle Versehen. Die Artikel stellen weder Kauf- bzw. Verkaufsempfehlungen dar, noch sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Die Artikel sind ausschließlich für die Leser von www.goldinvest.de und der Abonnenten der zugehörigen e-mail Verteiler bestimmt und dienen einzig der Information der Leser. Die Verbreitung oder Wiedergabe in Auszügen oder als Ganzes ist grundsätzlich nicht gestattet und bedarf der Zustimmung des jeweiligen Autors. Beachten Sie auch unsere Allgemeinen Geschäftsbedingungen.



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hier ist ja echt tote hose

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Ignis Petroleum Group, Inc.




06.10.06 Sven Olsson - GOLDINVEST.de Fact Sheet - http://www.goldinvest.de










Kurzportrait des Unternehmens aus dem GOLDINVEST.de Fact Book, Stand: 06.10.2006

Link

Details zu Ignis Petroleum Group Inc.

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Laut §34b WpHG möchten wir darauf hinweisen, dass Autoren und Mitarbeiter von GOLDINVEST.de Aktien der jeweils angesprochenen Unternehmen halten oder halten können und somit ein möglicher Interessenskonflikt besteht.

Disclaimer: GOLDINVEST.de bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf www.goldinvest.de zu veröffentlichen. Für diese Inhalte übernimmt GOLDINVEST.de weder Haftung noch Gewähr. Dies gilt insbesondere für unvollständige oder falsch wiedergegebene Meldungen, falsche Kursangaben und redaktionelle Versehen. Die Artikel stellen weder Kauf- bzw. Verkaufsempfehlungen dar, noch sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Die Artikel sind ausschließlich für die Leser von www.goldinvest.de und der Abonnenten der zugehörigen e-mail Verteiler bestimmt und dienen einzig der Information der Leser. Die Verbreitung oder Wiedergabe in Auszügen oder als Ganzes ist grundsätzlich nicht gestattet und bedarf der Zustimmung des jeweiligen Autors. Beachten Sie auch unsere Allgemeinen Geschäftsbedingungen.

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http://isht.comdirect.de/charts/small.ewf.chart?hist=6m&sSym…

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Ignis Petroleum macht den Deal




30.11.06 Sven Olsson - GOLDINVEST.de daily - http://www.goldinvest.de




Sven Olsson - Chefredakteur GOLDINVEST.de





Ignis Petroleum Group, Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) hat, wie angekündigt, den Kauf von 45 Prozent der privaten Öl- und Gasgesellschaft W. B. Osborn Oil & Gas Operations Ltd. („WBO“) im Barnett Shale, Texas, erfolgreich abgeschlossen.


Mit diesem Deal gewinnt Ignis dramatisch an Wert - die Börse hat dies noch nicht nachvollzogen. Für den Kaufpreis von rund 19 Millionen USD erwirbt Ignis zugleich je einen 45prozentigen Anteil an 1,1 Millionen Barrel Öl-Äquivalent Reserven, Cash Flow aus 13 Bohrungen sowie 7.890 Acres brutto (3.200 Hektar brutto), bzw. 6.864 Acres netto (2.778 Hektar netto) Land im Barnett Shale einschließlich Pipelines sowie Gas Aufbereitungsanlagen und sonstiger Infrastruktur. Der Kauf wurde von der Tochtergesellschaft Ignis Barnett Shale LLC durchgeführt, die der Ignis Petroleum Group sowie dem Hedge Fund Silver Point Capital gehört. Silver Point finanziert den Kauf sowie die künftig geplanten Bohrungen. Ignis Barnett Shale LLC übernimmt das technische Management zur Entwicklung des Feldes. Ignis Petroleum Group hat also weder eigenes Geld für den Kauf aufgewendet, noch Stammaktien ausgegeben. Dennoch kann Ignis Petroleum als eine Art „Finders Fee“ und “Management Fee“ erfolgsabhängig (performance driven) bis zu 50 Prozent der Cash Zahlungen der Ignis Barnett Shale LLC erhalten. Würde das Feld unter den gleichen technischen und logistischen Voraussetzungen entwickelt wie durch den privaten Besitzer (13 erfolgte Bohrungen) läge die Erfolgsbeteiligung wahrscheinlich um die 15 Prozent. Der Anreiz für das Ignis Management liegt demnach darin, die Wirtschaftlichkeit der Bohrungen mittels moderner Bohrtechnologie zu erhöhen. Je besser dies gelingt, desto mehr wird Ignis verdienen.

Die vergangenen zwei Jahre haben gezeigt, dass der Erfolg im Barnett Shale in hohem Maße technologiegetrieben ist. Industrieführer wie Energy Opportunity Growth Resources, Inc. („EOG“) oder die Chesapeake Energy Corporation haben den Return von Barnett Shale Quellen dank neuer Techniken und besserem Verständnis der gasführenden Schieferschichten von vormals müden 20 Prozent auf mehr als 100 Prozent auf das eingesetzte Kapital erhöht. Entsprechend sind die Landpreise im so genannten Kerngebiet (Core) des Barnett Shale explodiert. Zum Teil wurden dort pro Acre für 18.000 USD bezahlt. Ignis hat sein Land 150 Kilometer nördlich von dieser Hype-Region für 650 USD pro Acre erworben. Die Investmentthese von Ignis lautet: Wir werden auf dem privaten Land von WBO, das in der Vergangenheit nie mit State of the Art Methoden entwickelt wurde, dieselbe Produktivitätssteigerung schaffen, wie sie EOG und Devon weiter im Süden geschafft haben. Das Trumph-Ass bei Ignis ist der Ingenieur Fred C. Stein, der 35 Jahre Industrieerfahrung mitbringt. Stein hat bei Devon die Pionierarbeit bei der Entwicklung von horizontalen Bohrungen im Barnett Shale geleistet und besitzt dort eine mehr als 10jährige Erfahrung.

Wie funktioniert das Geschäftsmodell im Barnett Shale? Barnett Shale steht für Produktion aus „unkonventionellem Gas“. Der Unterscheid zu herkömmlichen Öl- und Gasplays besteht darin, dass es verglichen mit konventionellen Lagerstätten nur ein sehr geringes Finderisiko (Explorationsrisiko) gibt. Der „Preis“ für das geringere Risiko ist ein langsamerer und weniger dramatischer Return als bei konventionellen Öl- und Gasprojekten. Damit Gas oder Öl aus Barnett Shale Schiefer gefördert werden kann, muss das dichte Gestein durch so genannte Fracs (hydraulische Sprengungen) stimuliert werden. Deshalb sind Bohrungen im Barnett Shale prinzipiell teurer als konventionelle Bohrungen. Eine vertikale Bohrung mit einfachem Frac kostet zwischen 1,3 bis 1,7 Millionen USD. Mit dieser Bohrtechnik erbrachten Barnett Shale Quellen in der Vergangenheit einen Return von durchschnittlich rund 20 Prozent. Aus diesem Grund war es lange nicht sexy im Barnett Shale Gas überhaupt zu fördern. Das beste Beispiel dafür ist der Flughafen von Dallas, der auf bestem Barnett Shale Grund gebaut wurde. Seit die Industrie aber mit Ölpreisen von dauerhaft 40 USD und mehr rechnet, und dank des technologischen Fortschritts bei horizontalen Fracs, haben sich die Dinge dramatisch geändert. Auch das Gasfeld unter dem Dallas Flughafen soll, bei allen Schwierigkeiten, entwickelt werden. Horizontale Bohrungen kosten zwischen 2 und 3 Millionen USD, lassen aber einen Return von 100 Prozent erwarten. EOG praktiziert inzwischen mit riesigem Erfolg die Technik von „multiple horizontal fracs“, wobei mehrere horizontale Bohrungen parallel zueinander gesprengt werden.

Der Zugang zu dieser Technologie ist teuer. Deshalb wird verständlich, warum es für die private Gesellschaft WBO, ein Familienunternehmen in der 3. Generation, vorteilhaft war, mit Ignis zusammen zu gehen. Ignis ermöglicht nicht nur den Zugang zur neuen Technologie, sondern auch den Zugang zu ausreichend Kapital, um ein so genanntes „kontinuierliches Bohrprogramm“ umzusetzen. Mit der herkömmlichen Technologie waren die Returns für WBO nicht groß genug und nicht schnell genug verfügbar, um das Feld kontinuierlich zu entwickeln. Zeit ist Geld! Mit Ignis im Boot ist nun ein kontinuierliches Bohrprogramm möglich. Das Ziel des Programms ist es, den Anteil an Vorfinanzierung durch Private Equity und Kredit nach und nach zu reduzieren, sodass das Projekt am Ende aus den Cash Flows wachsen kann.

Aufgrund der besonderen geologischen Voraussetzungen im Barnett Shale lässt sich sehr gut voraussagen, wie viele Bohrungen Ignis auf 7890 Acres niederbringen kann. Man geht davon aus, dass alle 40 bis 60 Acres eine Bohrung gesetzt werden kann. Das hieße, dass auf dem jetzt erworbenen Land 100 bis 200 Bohrungen durchgeführt werden können. Die 13 erfolgreichen Bohrungen (sechs allein seit Juli dieses Jahres) haben mit der bisher verfügbaren Bohrtechnologie Reserven von 60.000 bis 150.000 Barrel Öl-Äquivalent pro Bohrung ergeben. Die schon jetzt konkret geplanten 36 weiteren Bohrungen sollen teilweise mit horizontaler Bohrungen und „multiple“ Frac-Technologie durchgeführt werden. Deshalb erwartet Ignis eine erhebliche Steigerung der Reserven und damit des Ertrags pro Bohrung.

Ignis unterscheidet sich von seinen vielen kleinen Wettbewerbern vor allem durch eine seltene Kombination aus technischem und finanziellem Know how. CEO Michael Piazza besitzt nicht nur einen Ingenieursabschluss als M.S. (Master of Science) in Berkeley, sondern auch einen MBA in Finance der NYU-Stern Business School. Nach Stationen bei Exxon und Amerada Hess wechselte er als Senior Consultant zu McKinsey. Diese McKinsey-Handschrift ist dem vorliegenden Kaufvertrag deutlich eingeschrieben. Das Geschäft von Ignis ist durch M&A getrieben und damit skalierbar. Die Strukturierung von Akquisitionen ohne eigenes Geld und Ausgabe von Aktien ist prinzipiell auch für weit größere Geschäfte geeignet. Wir gehen davon aus, dass Ignis im Barnett Shale in unmittelbarer Nachbarschaft des jetzt erworbenen Landes weiter wachsen wird. Die Grundvoraussetzung hierfür ist das Vertrauen der umliegenden Landeigentümer, die die Performance von Ignis gewissermaßen vor der eigenen Haustür beobachten werden. Da das Management aber gute Beziehungen zu großen Industriefirmen besitzt, sind künftig auch wesentlich größere Akquisitionen nach dem etablierten Strickmuster möglich.

Ignis hatte bereits vor der Akquisition Cash Flow aus erfolgreichen Bohrbeteiligungen u.a. mit Kerr McGee. So waren schon in der Vergangenheit die Overhead Kosten teilweise gedeckt. Künftig wird ein Teil des Managements von der operativen Tochtergesellschaft Ignis Barnett Shale LLC bezahlt, was Ingnis Petroleum Group nochmals entlastet. Der Wert der Akquisition lässt sich - da Ignis aus Gründen des Vertauensschutzes keine exakten Angaben macht - nur indirekt erschließen. Entscheidend ist der Ertragswert der künftig zu entwickelnden Bohrungen. Ignis besitzt das Know how, den Ertrag pro Bohrung gegenüber dem vormaligen privaten Betreiber um ein Vielfaches zu erhöhen. Die Redaktion von www.goldinvest.de hält Ignis Petroleum mit derzeit gerade einmal rund 14 Millionen USD (bei 0,28 USD) Marktkapitalisierung für dramatisch unterbewertet und empfiehlt die Aktie zum Kauf.


Details zu Ignis Petroleum Group Inc.

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Laut §34b WpHG möchten wir darauf hinweisen, dass Autoren und Mitarbeiter von GOLDINVEST.de Aktien der jeweils angesprochenen Unternehmen halten oder halten können und somit ein möglicher Interessenskonflikt besteht.

Disclaimer: GOLDINVEST.de bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf www.goldinvest.de zu veröffentlichen. Für diese Inhalte übernimmt GOLDINVEST.de weder Haftung noch Gewähr. Dies gilt insbesondere für unvollständige oder falsch wiedergegebene Meldungen, falsche Kursangaben und redaktionelle Versehen. Die Artikel stellen weder Kauf- bzw. Verkaufsempfehlungen dar, noch sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Die Artikel sind ausschließlich für die Leser von www.goldinvest.de und der Abonnenten der zugehörigen e-mail Verteiler bestimmt und dienen einzig der Information der Leser. Die Verbreitung oder Wiedergabe in Auszügen oder als Ganzes ist grundsätzlich nicht gestattet und bedarf der Zustimmung des jeweiligen Autors. Beachten Sie auch unsere Allgemeinen Geschäftsbedingungen.



Western Potash Corp.
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Megatrend Erdwärme

Aus Island kommt der künftige Weltmarktführer für Geothermie, Geysir Green Energy. Die isländischen Investoren halten bereits 26 % an Western GeoPower und haben in Nordamerika noch große Pläne. Dazu folgende aktuelle Studie der Glitnir Bank, Island Studie öffnen

[candan]

+++Ignis Petroleum Group Inc.+++




12.02.07 Sven Olsson - GOLDINVEST.de Stocks to watch - http://www.goldinvest.de




Sven Olsson - Chefredakteur GOLDINVEST.de





In der Pressemitteilung vom 9. Februar 2007 gibt Ignis Petroleum Group Inc. (Frankfurt WKN: A0ETNY, OTCBB: IGPG) einen guten Überblick über die aktuelle Entwicklung auf den unterschiedlichen Projekten des Unternehmens.


Die Pressemitteilung ist mit folgendem Link abrufbar.

http://goldinvest.de/public/story_detail.asp?l=1&c=15,30010&…


Details zu Ignis Petroleum Group Inc.

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Disclaimer: GOLDINVEST.de bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf www.goldinvest.de zu veröffentlichen. Für diese Inhalte übernimmt GOLDINVEST.de weder Haftung noch Gewähr. Dies gilt insbesondere für unvollständige oder falsch wiedergegebene Meldungen, falsche Kursangaben und redaktionelle Versehen. Die Artikel stellen weder Kauf- bzw. Verkaufsempfehlungen dar, noch sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Die Artikel sind ausschließlich für die Leser von www.goldinvest.de und der Abonnenten der zugehörigen e-mail Verteiler bestimmt und dienen einzig der Information der Leser. Die Verbreitung oder Wiedergabe in Auszügen oder als Ganzes ist grundsätzlich nicht gestattet und bedarf der Zustimmung des jeweiligen Autors. Beachten Sie auch unsere Allgemeinen Geschäftsbedingungen.

[candan]

[BulletinWinning]

Keine Dilution!altes management hat wohl geworfen

Share structure as of 08/18/2008

83,578,243 in the free trading float

48,014,484 shares are restricted

131,592,727 total issued and outstanding shares (No change since 07/23/2008)

300,000,000 total authorized shares

[candan]

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[candan]

www.ignispetroleum.com

[KosMOD [Mod]]

Guten Tag zusammen.
Durch das massive Einstellen von SEC-Filings wird der Thread unlesbar.

Ich habe diese gelöscht. Sie lassen sich hier nachlesen:

http://www.ignispetroleum.com/overview.html

Gruß,
kosMOD

[candan]

Antwort auf Beitrag Nr.: 34.753.995 von BulletinWinning am 18.08.08 21:50:48

wo soll das stehen?

[candan]

leider keine news

[candan]

aber die werden auch noch kommen

[mastermind23]

Geduld, Geduld, Geduld...
Irgendwann passiert schon etwas.
Es kann morgen soweit sein, vieleicht aber auch nächste Woche oder nächsten Monat...

[candan]

Antwort auf Beitrag Nr.: 34.800.702 von mastermind23 am 21.08.08 21:02:43

dnek ich auch die zeit wirds bringen

[mastermind23]

Eines ist jedoch Fakt, wenn von Ignis nichts kommt...

[candan]

das geschäft scheint ja zu laufen,
deswegen wird früher oder später was an news kommen.

am 7.8. gabs ja ein lebenszeichen

[candan]

BulletinWinning

der setzt überall zahlen rein ohne quellen angabe

ich verfolge ignis schon seit monaten und es gab bis jetzt keine anzeichen von verwässerung

[candan]

ich bin mal gespannt was heute passiert

[BulletinWinning]

Ignis Provides Update to Shareholders
Date : 08/29/2008 @ 7:00AM
Source : Business Wire
Stock : Ignis Petroleum Group, Inc. (IGPG)
Quote : 0.004 0.0005 (14.29%) @ 4:02PM


Ignis Provides Update to Shareholders




Ignis Petroleum Group, Inc. (OTCBB:IGPG) today provides an update for its shareholders on the Company.

Several changes have been implemented over the last twelve to eighteen months, most notably the management structure. After the departure of Mr. Piazza, day to day management of the Company has been taken over by Mr. Geoff Evett, who now acts as CEO and Chairman of the Board.

The four areas Mr. Evett has been concentrating his efforts on have been the restructuring of Ignis’s capital structure, especially in view of the convertibles outstanding with the Company’s senior creditor, rationalizing the cost structure of the organization, assessment of the current project portfolio and, finally, the identification of new projects.

Cost rationalization Management has been downsized and many other costs the previous Management carried have been cut. As a result, Ignis is now generating a positive cash flow, enabling the organization to put in place its restructuring program.

Projects The ACOM A6 well has been productive and has generated a positive cash flow for the company. The well is currently under a workover and production is anticipated to restart as soon as this is completed. Upon recommencement of production, the Company will assess the feasibility of adding production capacity, both in terms of investment required and in terms of logistics capacity. The latter is of importance as the capacity to transport oil out of the area seems to be near full capacity at present.

The project with W. B. Osborn Oil & Gas Operations ("WBO") to develop the field located in Montague and Cooke Counties, Texas, continues to progress and add to production. The project has recently reached breakeven and Silverpoint Capital, the capital provider for the project, has only now started to recoup its investment. The way the deal is structured is that Ignis will start earning its working interest once Silverpoint has recovered its original investment plus a certain return. Even though no revenues are accruing to Ignis from this project as yet, the fact that it has reached breakeven and has started to generate a positive cash flow has created definite value to the Company.

At present there are no exploration or exploitation activities at the Sherburne project as Management has decided that certain technicalities make the economic viability of the project too risky a prospect to pursue at present. The rights, however, have been retained.

The Barnett Shale wells (unrelated to the WBO project) to date have proven unproductive and Management has decided to, for the time being, not engage in risky investments on this project.

Capital Structure As announced recently, Ignis and the Company’s senior creditor have executed a new agreement under which the conversion price of the debentures held has been fixed at $0.03. This is the first step in the recapitalization process for the company and one management deems imperative to start building shareholder value. Without the agreement, the overhang of the convertibles would be of an uncertain magnitude, effectively rendering further investment in the Company a very tough prospect. With the agreement executed, the overhang is now quantifiable and allows for management to pursue further opportunities. As announced, the dialogue with the creditor is positive and constructive and Management expects further announcements to be made regarding the capital restructuring.

New Projects The Board of Directors has deemed the Liberty Hills project, which the Company was pursuing, as not suitable for the Ignis portfolio. As a result, the Company is now in a position to actively pursue new opportunities. Ignis is in discussions on a number of fronts. With its new management structure and contacts within industry, the Company has the ability to engage the services of certain very highly regarded energy professionals to judge the merits of new projects. With the financial and business acumen of the Board, the Company is positive on the prospect of securing new and profitable projects that will create significant shareholder value.

New projects will have to comply with strict criteria. There will be no wildcatting and projects with a high exploration risk will not be considered. Management prefers projects where proven reserves can be extended through targeted exploration or where new technologies can add significantly to the already established production flow. Furthermore, Management will assess the projects it currently holds a working interest in for production expansion.

Geoff Evett, Chairman of the Board and CEO, stated, “We have done a lot of work these last twelve to eighteen months in restructuring the organization and have put Ignis on a new footing, enabling us to actively pursue new opportunities. We now have the capital structure, management, industry connections and links to financial partners that will enable us to do so. Furthermore, we are cash flow positive, which allows us time to analyze properly new prospects. We are confident we have been and are doing what is needed to put value into Ignis, and I look forward to informing our shareholders on a more regular basis.” About Ignis Petroleum Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserve in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.

Safe Harbor for Forward-Looking Statements This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.

[BulletinWinning]

Antwort auf Beitrag Nr.: 34.825.878 von candan am 23.08.08 14:43:18

absofort rufste selber an
und ich behalt es für mich

Share structure as of 08/22/2008

83,578,243 in the free trading float

53,371,626 shares are restricted

136,949,869 total issued and outstanding shares

300,000,000 total authorized shares

UnGagged Transfer Agent....
Empire Stock Transfer Inc.
Corporate Office:
2470 St. Rose Pkwy, Suite 304
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Tel: [phone]
FAX: [phone]

[candan]

wo steht das?

[candan]

behaupten ist nicht beweisen

[candan]

ich kann aus dem text keine 300000000st entnehmen

[candan]

und warum soll ich in amiland anrufenß

[candan]

nenn MIR EINE seite wo die zahlen stehen


und dann schauen wir weiter

[candan]

ich hab mal spasseshalber gerechnet

seit 1.1. sind 192 mil shares gehandelt wurden d.h. 3,3 fache der angegebenen shares

wo sind denn die anderen 50 mil die angeblich auf dem markt sein sollen?
und hat kein kleinanleger in dieser zeit was verkauft?

geht doch garnicht

zum vergleich infineon hat seit 1.1. ca 17 milliarden shares gehandelt das sind etwa das 4,5 fache der shares die auf dem markt sind

allianz liegt bei ca 2,1 fache

[candan]

Antwort auf Beitrag Nr.: 34.925.986 von BulletinWinning am 31.08.08 19:52:52

also,

jetzt kannst du meine angabe wiederlegen

[candan]

will noch jemand an unserer diskusion teilhaben?

[candan]

und?

[candan]

ich hab auf allen möglichen seiten geschaut keine share veränderung

[candan]

und das seit über einem halben jahr

[candan]

überall stehn nur ca 58 mil shares

und nichts anderes

[Picker56 [KommA]]

Hi die Runde,

viel gibts ja nicht zu recherchieren.

Lt. einem Artikel von Goldinvest.de vom 6.10.2006 (!!) besaßen sie damals 49.970.000 shares.

Auf der aktuellen Homepage von ignis findet an einen Stand von
52,094.728.

Ob der jedoch aktuell ist kann man nur vermuten, doch müssten bei Aktienausgaben diese offiziell gemacht werden. Und in den zurück liegenden Berichten ist davon nichts zu erkennen.

Also wäre davon aus zu gehen dass aktuell 52,094.728 shares ausgegeben wurden. Wie viele davon im Streubesitz sind ist nirgend wo eruierbar.

Hope it helps

Picker56

[candan]

bei der db, sparkasse usw werden 57,... mil st angegeben und die zahl hat sich seit meinem einstieg anfang des jahres nicht verändert.

[candan]

so, jetzt würd ich gern mal wissen was los ist?

die mk liegt momentan bei ca. 65t€ bei ca. 58 mil shares.

auch wenn es wie behauptet 300 mil shares wären ist die MK bei 350t€

also giebt es nur einen weg ---NACH OBEN---

[mastermind23]

hey candan,
denke mit 150 mil shares liegt man hier nicht verkehrt.
Kaum auszudenken was hier passiert,
wenn jemand anfängt mit kaufen oder endlich News kommen sollten.

We hope so

[BulletinWinning]

hier habt ihr es jetzt genau
Stockholders’ deficit:
Preferred stock, $0.001 par value, 5,000,000 shares authorized none issued and outstanding — —
Common stock, $0.001 par value, 300,000,000 shares authorized 97,754,394 and 53,255,338 issued and outstanding, net of 18,250,000 shares held in escrow as of June 30, 2008 and 2007,


http://ih.advfn.com/p.php?pid=nmona&cb=1224065815&article=28…

[BulletinWinning]

Nachbörslich gekommen 5.28uhr

Revenues $2,096,319.

http://ih.advfn.com/p.php?pid=nmona&cb=1224065815&article=28…

[candan]

ja, was kommt jetzt?

[candan]

ist wohl doch noch interesse vorhanden!

[candan]

!

Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users

[candan]

Ignis Petroleum Group, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the United States onshore Gulf Coast region. The company primarily has a 25% working interest in the Acom A-6 Prospect located in Chambers County, Texas. It also holds a 12.5% working interest in the Barnett Shale Property covering three wells located in the Barnett Shale trend in Greater Fort Worth Basin, Texas. In addition, the company, through its joint venture, owns 45% of the interests in the acreage, oil and natural gas producing properties, and natural gas gathering and treating system located in the St. Jo Ridge Field in the North Texas Fort Worth Basin. Ignis Petroleum Group was founded in 2004 and is based in Plano, Texas.

[candan]

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SEC FILE NUMBER
000-50929

CUSIP NUMBER



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check one): o Form 10-K o Form 20-F o Form 11-K þ Form 10-Q o Form 10-D o Form N-SAR o Form N-CSR

For Period Ended: September 30, 2008


o Transition Report on Form 10-K

o Transition Report on Form 20-F

o Transition Report on Form 11-K

o Transition Report on Form 10-Q

o Transition Report on Form N-SAR

For the Transition Period Ended:



Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above identify the Item(s) to which the notification relates:
PART I — REGISTRANT INFORMATION
Ignis Petroleum Group, Inc.

Full Name of Registrant

Former Name if Applicable
One Legacy Town Center, 7160 Dallas Parkway, Suite 380

Address of Principal Executive Office (Street and Number)
Plano, TX 75024

City, State and Zip Code
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)
þ
(a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III — NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof could not be filed within the prescribed time period.
We are filing this Form 12b-25 because we have been unable to compile and prepare the requisite formal information necessary to complete our quarterly report on Form 10-Q by November 14, 2008 without unreasonable effort or expense.
SEC 1344 (05-06) Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.







(Attach extra Sheets if Needed)

PART IV — OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification.

Geoffrey Evett 011 34-971-40-10-42
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
Yes þ No o
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
Yes o No þ

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.


Ignis Petroleum Group, Inc.
(Name of Registrant as specified in its charter)
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 14, 2008 By: /s/ Geoffrey Evett

Geoffrey Evett, Interim President and CEO


INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer) evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
GENERAL INSTRUCTIONS 1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934.

2. One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files.

3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered.

4. Amendments to the notifications must also be filed on Form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified as an amended notification.

5. Electronic Filers : This form shall not be used by electronic filers unable to timely file a report solely due to electronic difficulties. Filers unable to submit reports within the time period prescribed due to difficulties in electronic filing should comply with either Rule 201 or Rule 202 of Regulation S-T (§232.201 or §232.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (§232.13(b) of this chapter).


2

[BulletinWinning]

IGPGE

[BulletinWinning]

Antwort auf Beitrag Nr.: 36.108.294 von BulletinWinning am 28.11.08 20:11:27

E
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…