From Scott Fraser
Barnett Crossroads Area Map
The green arrow indicates the location of the prospect. Just a mile to the east, more than a million barrels of oil has been produced from a moderate sized structure that is about 20% larger than the prospective structure. Less than a mile south and one mile to the north, two small structures have produced over 200,000 barrels of oil each. More than a million barrels of oil has been produced from a moderate-sized structure to the northwest of the prospect.
TRANSLATION: A high probability of success for Ignis Petroleum and expanding profits for early IGPG shareholders.
ACOM A-6 Project, Texas: Ignis Petroleum recently announced the discovery of oil and gas on its ACOM A-6 project – marking the crucial transition from energy “explorer” to “producer.” The initial pay-zone is currently producing at a daily average rate of 215 barrels of crude oil and 860 thousand cubic feet of natural gas.
My profit projections on Ignis continue to increase as the company uncovers new petroleum discoveries by way of the drill. Further, IGPG’s management team is placing the final touches on a pending agreement with industry behemoth Kerr-McGee (KMG – NYSE) on an expansive drill campaign for the ACOM A-6. Reserve estimates on this prospect are reported to be an incredible 9 BILLION cubic feet of natural gas. And, like the Barnett and North Wright properties (below), the ACOM A-6 is surrounded by highly successful drilling campaigns.
One nearby blockbuster well, the Tex Miss, has produced over 3.4 BILLION cubic feet of gas in just 18 months of initial production. Kerr McGee/Ignis Petroleum are focusing on what is believed to be a continuance of this petroleum-bearing structure. A major hit on the ACOM A-6 would be an immediate “Company Maker” for Ignis Petroleum – one that would likely send the IGPG share-price exponentially higher.
Barnett Crossroads Project, Alabama: Recent analysis suggests that this property could produce in excess of 500,000 BOE (barrels of oil equivalent) — that’s around 30 million dollars in potential revenues at today’s oil prices. The Gravel Church field to the east of the property has produced in excess of 1 million barrels of oil. Less than a mile south and one mile to the north, two structures have produced over 200,000 barrels of oil each.
Surrounded by successful drilling, and with an expected production rate of 300 barrels of oil per day, the Barnett Crossroads project represents a relatively low-risk oil target that should translate to an immediate spike in the IGPG share-price.
North Wright Prospect, Louisiana: Seismic data suggests that the North Wright Prospect could contain over 118 BILLION cubic feet of gas.
That level of natural gas production has the potential to generate a staggering $1.77 BILLION at current natural gas prices of around $15 per thousand cubic feet.
Like the ACOM A-6 and Barnett prospects, the North Wright Field is surrounded by Big-Money drilling campaigns. Similar production is currently underway at two fields within seven miles of the prospect. The Leleux Field, located just seven miles to the east along the same geologic formation, has produced over 200 Bcf (billion cubic feet) of gas with an estimated recovery of over 400 Bcf of gas. The Wright Field lies just five miles to the south and has produced over 64 Bcf of gas from just two wells over the last five years.
The pending development plan on the company’s North Wright Prospect estimates four wells (one well per year) to extract the potential natural gas reserves. The Ignis Petroleum team projects a first year cash flow (net royalty interest) of over 20 million dollars – which I project will translate to a major portfolio win for early Ignis shareholders.
I believe a similar scenario is about to unfold for Ignis Petroleum (IGPG – OTCBB). In fact, there are striking similarities between Ultra Petroleum and Ignis Petroleum…as you will soon discover.
But what makes Ignis Petroleum even more compelling is this: We stand to profit REGARDLESS of whether energy prices move up or down. Why? Because the company is pursuing high-potential oil and gas prospects in one of the most prolific energy producing regions of the United States.
Ignis Petroleum’s three initial oil and gas projects are located in “The Golden Horseshoe of the American Oil Industry.” Amazingly, the petroleum-rich states of Texas, Louisiana, and Alabama account for approximately 25% of all U.S. oil and gas production and contain roughly 25% of all known domestic reserves. That’s truly impressive.
There’s more. The REAL excitement is going to commence when Ignis announces the formal signing of its pending agreement with energy titan Kerr-McGee on the ACOM A-6 Project. Remember, we are talking about a potential natural gas resource of 9 BILLION cubic feet!
5 Reasons Why IGPG Could Skyrocket by More than 1000% in 24 Months
“Big Money” Oil & Gas Country – IGPG’s three initial pending prospects are located in the heart of America ’s Oil & Gas Breadbasket. Together, Texas, Louisiana, and Alabama account for approximately 25% of all domestic oil and gas production and contain roughly 25% of all known U.S. reserves. Ignis is going after MAMMOTH petroleum reserves, which is precisely how you score the big investment returns in this hot sector.
World-Class Production – Numerous world-class oil and gas reserves have been discovered throughout the great states of Alabama, Louisiana, and Texas . More importantly, all of Ignis Petroleum’s initial prospects are literally surrounded by successful drilling projects. As you know, the best place to find a new oil and gas reserve is right next door to a producing field – and Ignis is deploying that profit-proven strategy to a “T.”
Indicators of Huge Reserves – Numbers don’t lie. And when the final numbers are compiled, Ignis Petroleum may be sitting on enough oil and gas to make its early shareholders immensely wealthy. The Barnett Crossroads Prospect could contain 500,000 barrels of recoverable oil reserves, which would represent 30 million dollars at today’s oil prices. The North Wright Field is projected to contain over 118 BILLION cubic feet of gas, which computes to a staggering $1.77 BILLION at current natural gas prices of around $15 per thousand cubic feet.
ACOM A–6 Project – As mentioned earlier, Ignis just hit oil and gas on its ACOM A-6 project — with product now flowing to market. The company is also in the process of finalizing its pending agreement with top-tier producer Kerr-McGee (KMG - NYSE) on an expansive drilling campaign for the project. Here’s the exciting news: A final agreement could be announced as soon as tomorrow. With an estimated resource of 9 BILLION cubic feet of natural gas, this could be the “gusher” that sends your IGPG share-value through the roof.
My Urgent Call to Action: Buy Ignis Petroleum (IGPG) Now!
Expect to be counting your profits as Wall Street and the investing herd propel your IGPG share-value exponentially higher.
Scott S. Fraser
