Index Oil & Gas Inc · OTC:IXOG

Index Oil & Gas — Corporate Update (January 2008)

8 slides from Index Oil & Gas's corporate update, Jan 23, 2008

  1. Slide 1: Producing the Future – Operations Update Q1 2008

    + * Y Producing the Future Operations Update Q1 2008

  2. Slide 2: Production for Year-Ending 31 March 2007

    2.000 100 1.400 quivalent @ Not Revenue interest 6 3 z Index Oil and Gas Inc Fiscal year 12 Apsit- 3 Production for Year-Ending 31 March 2007 hhdex Oland Gas ne on 31 March 2007 1000 Monthly Production End March 2008-256 80E ARI End March 2007 1,149 80E NR 351% Increase Annual Production Era March 2

  3. Slide 3: Reserves, Revenue, and Production History

    belox Oll and Gas, ne Reserves, Revenue, and Production History Tot March 2007 200000 600000 1mProduction 480000 + aPuD A PDP 500000 $ sc0000}- 5 PNP ? “e 140000 | BPOP = @ Revenue $400,000 & 120.000 Fd 100000 200000 5 © s0000 z $200,000 £0000 3 3. @ 40000 H 109000 @ 200004 a %0 Reserves Production

  4. Slide 4: lng e

    lng e iets ral ‘Abbevite New Iberia,

  5. Slide 5: 2007 13-Well Drilling Program

    More infort ‘Canbaten of rebel ol Gucces nd Het Revenue etre 2007 13-Well Drilling Program Yields 9 Successes = 69% Succes Rate e @ = Freidrich Gas Unit 1 (Serrano) and Schroeder 1 (Habanero) Program Fern Lake (Cason 1) (Producing) ' ee | 3 - Well Taffy Shadyside Program ics (Producing) e.. ow € Vie

  6. Slide 6: 2007 13-Well Drilling Program, 2008 Drilling Program

    2007 13.Well Drilling Program 2008 Drilling Program ‘Yields 9 Successes 169% Succes Rate ‘7Walls Planned To Date ‘eae Fished NRI share of mid-case EUR, 1.2008 16 25 times greater than in 2007" Paigator Bayo (oming eps jose ent a 2008) Moré information ort this chart te contained in the Gtonsary:

  7. Slide 7: Target investment

    Target investment $0.30 in acquisition opportunities to include PDP, PUDs and probables Forward per $ investment strategy Target investment $0.10 in US land plays 0) __| Continued investment $0.60 in best available opportunities In Gulf Coast & Mid Continent US 1B Diiling opportunities m Acquisition

  8. Slide 8: Glossary

    ADC BCF BOE EUR FY met NRI PDP PDNP PBP PUD wi 3D US Q3 Advanced Drilling Concepts Billion Cubic Feet (of gas) Barrel of Oil Equivalent Estimated Ultimate Recovery Fiscal Year (1 April - 31% March) Thousand Cubic Feet (of gas) Net revenue Interest Proven Developed Producing Proven Developed Non Prod

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