Ignis Petroleum Group (IGPG)

[ghcnj]

You asked ...."Which ex officers have moved to Silver Point?"....It is in the last PR/filing.

http://ih.advfn.com/p.php?pid=nmona&cb=1224658735&article=28722482&symbol=NB%5EIGPG

During the first half of the fiscal year ended June 30, 2008, we were actively engaged in the day to day management of Ignis Barnett Shale, LLC, our joint venture with Silver Point Capital, LLC. On December 21, 2007, following the resignation of our Chief Executive Officer, Michael Piazza, we were removed as the day to day manager of the joint venture by Silver Point Capital and our services agreement with the joint venture was automatically terminated. Thereafter, the joint venture retained Mr. Piazza and other consultants of ours to work directly for the joint venture.