Index Oil and Gas Inc. to Present At Small-Cap Discovery Conference


HOUSTON, May 23, 2007 (PRIME NEWSWIRE) -- Index Oil and Gas, Inc. ("Index," "the Company") (OTCBB:IXOG) today announced that the Company will present at the 10th Small-Cap Discovery Conference run by the Wall Street Reporter Magazine on June 20, 2007.

Dan Murphy, Chairman of Index, will be presenting at the event. This presentation will also be available by webcast.

The 10th Small-Cap Discovery Conference is to be held at The Princeton Club of New York and is expected to be attended by over 200 fund managers, analysts, and investment bankers representing $10 billion in investment capital. The Conference has developed an unparalleled reputation as the place to discover high growth stocks.

More information is available at http://www.wallstreetreporter.com/sdc/

About Index

Index is a gas biased oil and gas exploration and production company, with activities in Kansas, Texas, Louisiana, Mississippi and Alabama. It has offices in Houston, Texas and Bath, England. Index is focused on efficiently building a broad portfolio of producing properties with what it believes to be significant upside potential and intends to grow its existing asset base and revenues through further investment in the U.S. The Company seeks to develop its activities in areas containing prolific petroleum systems set in stable political and economic environments.

To find out more about Index Oil and Gas Inc. (OTCBB:IXOG), visit our website at http://www.indexoil.com.

Forward-Looking Statements

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. Index Oil and Gas Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.



            

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