IGPG have Ignis Petroleum Group, Inc. exposed to more stock investors 800.940.6559.

Ignis Petroleum Group, Inc. Details:

Ignis Petroleum Group, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the United States onshore Gulf Coast region. The company primarily has a 25% working interest in the Acom A-6 Prospect located in Chambers County, Texas. It also holds a 12.5% working interest in the Barnett Shale Property covering three wells located in the Barnett Shale trend in Greater Fort Worth Basin, Texas. In addition, the company, through its joint venture, owns 45% of the interests in the acreage, oil and natural gas producing properties, and natural gas gathering and treating system located in the St. Jo Ridge Field in the North Texas Fort Worth Basin. Igni...
May 16, 2008 11:26 PM ET

Ignis Petroleum Group, Inc.

(IGPG:OTC BB)

LAST $0.0040 USD
CHANGE TODAY -0.001 -20.00%
VOLUME 506.6K
IGPG On Other Exchanges
As of 3:35 PM 05/16/08 All times are local (Market data by Reuters is delayed by at least 15 minutes).
OPEN
$0.0040
PREVIOUS CLOSE
$0.0050
DAY HIGH
$0.0045
DAY LOW
$0.0040
52 WEEK HIGH
06/7/07 - $0.18
52 WEEK LOW
03/14/08 - $0.0030
MARKET CAP
231.4K
AVERAGE VOLUME 3 mo
2.0M
DILUTED EPS TTM
--
SHARES OUTSTANDING
57.8M
IGPG Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

IGPG Details

Detailed Description...
www.ignispetroleum.com
3 Employees
Founded in 2004
  Latest 10-K
  Latest 10-Q
More SEC Filings...

Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments

Ignis Petroleum Group, Inc. announced delayed 10-Q filing

On 05/14/2008, Ignis Petroleum Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Ignis Petroleum Group Inc. Auditor Raises ´Going Concern´ Doubt

Ignis Petroleum Group Inc. filed its 10KSB on October 16,2007 for the period ending June 30,2007. In this report its auditor,Hein & Associates LLP,gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Ignis Petroleum Group Inc. Announces Executive Changes

Robert W. Stancil notified the board of directors of Ignis Petroleum Group Inc. of his intention to resign as Senior Vice President of Exploration to pursue other opportunities. On June 12, 2007, John M. Glynn notified the Company of his intention to resign as Senior Vice President of Development and Operations to pursue other opportunities.

IGPG, chart, Ignis Petroleum Group, Inc.

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Valuation IGPG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
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