SOURCE: IO Circuit

June 26, 2007 10:59 ET

(OTC: IXOG) to Begin Drilling New Well

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - June 26, 2007) - Index Oil and Gas, Inc. (OTCBB: IXOG) announced they have entered into Participation and Joint Operating Agreements for the drilling of the Cow Trap project to be located in Brazoria County, Texas.

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