Indigo-Energy, Inc. Appoints New Chief Operating Officer to Spur Future Growth of Company
HENDERSON, Nev.--(BUSINESS WIRE)--Indigo-Energy, Inc. (OTCBB:IDGG) is pleased to announce that the Company has appointed Mr. Everett Miller as its Chief Operating Officer. Mr. Miller will utilize his 10 years of investment banking, venture capital and security funding experience to aid Indigo-Energy in the execution of its business and marketing plans.
Mr. Miller is a founder of Carr Miller Capital, LLC; a developer of real estate, banking and securities funding techniques, which has partnered with global financial companies around the world. His expertise in the financial sector has enabled him to become a member of the New Jersey Energy Traders and the Securities and Trading Advisory Board of Seton Hall University. Mr. Miller acted as a mentor and advisory instructor of securities and financial planning. He has also worked for the United States Department of Defense as a GS-12 rated employee. He is responsible for the opening of several broker/dealers, has managed over one billion dollars in assets, and has created multiple strategic and innovative financial platforms.
Since Mr. Miller’s appointment, and through his efforts with Indigo, the company has already begun the drilling of three wells in the Illinois Basin. Mr. Miller has been instrumental in working with Indigo officials to restructure the financing component of the company in order to streamline Indigo towards production. The new drilling technology will allow for a horizontal drilling program which minimizes the cost of the drilling, while at the same time, exponentially increasing production.
"We believe that Mr. Miller's appointment will play a key role in the future success of Indigo Energy, Inc. I have no doubt that his past success and experience in the financial and corporate world will help spur the future growth of our Company," stated Steve Durdin, CEO and President of Indigo-Energy, Inc. He added, "we have already seen the fruit of those efforts through the current drilling activity and are aggressively heading towards a brighter future for Indigo."
In addition to taking his new seat as Chief Operations Officer, Mr. Miller will retain his position as a member of the Board of Directors for Indigo Energy, Inc.
The Company recently announced the filing of the 8-K. To view the complete details of Indigo Energy, Inc.’s 8-K filing with the SEC, please go to the following link: http://pinksheets.com/edgar/GetFilingHtml?FilingID=6288601.
About Indigo-Energy, Inc.:
Indigo-Energy Inc. is an independent Nevada energy company, engaged in the drilling, development, production and acquisition of certain oil and gas reserves located in the Upper Devonian sand formations in Kentucky, Pennsylvania, and West Virginia. This involves drilling of developmental oil and gas wells at the different program sites on proven reserves. It also includes the purchase of producing oil and gas wells, and existing oil and gas leasehold interests.
Safe Harbor: Statements contained in this press release that are not based upon current or historical fact are forward looking in nature. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties, and events that may be beyond the control of Indigo-Energy, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to successfully complete drill projects, adapt to changes in technology, and energy competition.
For Indigo-Energy, Inc.
Investor Relations:
Big Apple Consulting
Mark Savage, 1-866-THE APPL(E)
www.indigo-energy.com
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