About Index / overview

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

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

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

• Revenue up 273% over FY 2007.
• Production up 255%.
• Reserves up 200%.

Key Strength

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