Ignis Petroleum Corporation is engaged in the exploration, development, and production of crude oil and natural gas properties in the United States. We plan to explore for and develop crude oil and natural gas primarily in the onshore areas of the United States Gulf Coast. Our strategy is to build an energy portfolio that benefits from:

• the maturing of new petroleum technologies, such as seismic interpretation;
• the expected increase of oil and gas prices; and
• the availability of short "outsteps" in the same play as previously-discovered hydrocarbons.