Ignis Petroleum Group, Inc. announced the appointment of Robert W. Stancil as Senior Vice President of Exploration. Mr. Stancil, 53, will be responsible for leading all exploration activity for Ignis, including identifying, evaluating and developing new business opportunities, and will serve as a member of Ignis’ senior management team.
Mr. Stancil has over 30 years of [...]

Ignis Petroleum Group, Inc. announced the appointment of Shawn Clift as Chief Financial Officer. Ms. Clift will be responsible for strategic planning, forecasting and budgeting, financial management, SEC and financial reporting and capital sourcing. She will serve as a member of Ignis’ senior management team.
Shawn has over 20 years experience in finance and accounting, [...]

Ignis Petroleum has agreed to acquire 45% of the acreage, producing properties and natural gas gathering and treating system currently held by W. B. Osborn Oil & Gas Operations, Ltd. (”WBO”) and St. Jo Pipeline Limited within the St. Jo Ridge (Barnett Shale) Field, located in Montague and Cooke Counties, Texas. Upon closing, the effective [...]

Ignis Petroleum Group, Inc. announced that its partner and operator, Rodessa Operating Company, commenced drilling operations in their Sherburne Field development well prospect.
“We are pleased to announce that our Sherburne well, located in Point Coupee Parish, Louisiana, which has a target depth of 9,800 feet, should take approximately one month to complete drilling operations,” said [...]