HENDERSON, Nev. - July 8, 2010 (Investorideas.com energy newswire) - Indigo-Energy, Inc. (OTCBB:

) is announcing today an update on recent developments and progress made on the wells that have been drilled in the Illinois Basin. As was previously announced, the Company, along with its operating partners in the Basin, drilled and completed three natural gas wells in a “hub and spoke” design which included one vertical and two horizontal natural gas wells. Also, the Company drilled and completed one horizontal oil well in the same field. In a phone interview earlier this week, Indigo President and CEO Steve Durdin offered the following progress report on the work being done to get all of the wells into full time production.

 Regarding the three natural gas wells, Durdin reported that the Company was continuing to work on down hole and pump engineering to ensure consistent production from the wells. He stated, “First and foremost, I want to remind our shareholders and investors that we drilled some remarkable gas wells during this first phase of operations. We completed the wells and began flaring gas in April of this year and, since that time, have been working on a series of technical issues to ensure optimum and steady production once the wells are put on line. During our initial series of tests, the wells flowed so much gas in such a short amount of time that our production meter was actually pegged (the meter maximum volume reading was 13 million cubic feet per day flow rate) for over eight hours of gas flow. On June 4th, we completed a treated water flush in the wells to remove some heavy sludge and debris and, just last week, we removed steel liners from the horizontal legs in an effort to maximize our fluid production which, in turn, should help keep the gas flowing.” Durdin also wanted to remind shareholders that line testing and inspections had previously been successfully completed along with gas quality tests which were conducted by the pipeline company. In the coming days, Indigo and its team of field professionals will be planning additional engineering modifications and retooling on the wells to help the Company meet or exceed its anticipated production and revenue objectives from this phase of the project. Durdin added, “We all want to reach the finish line as quickly as possible and we are working with a great team of field personnel to ensure we end up with consistent and substantial long-term production. This is a terrific business to be in right now – and I remain totally confident that our results will speak for themselves once we bring online this phase of our field efforts.”

Steve Durdin also wanted to update progress being made on oil production in the Company’s horizontal oil well. “As we have previously reported, the oil well has been a success story for us as we have endeavored to get all of the Illinois Basin wells into production. After careful consideration and recommendations from our field team, we decided to do a Nitrogen / HCL frac job on the well which was also completed on June 4th. We have already had nine tanker truckloads of oil picked-up and sold from our well site and, since the frac was completed, we have seen a marked increase in gas flow from the oil well. We have ensured that we will be able to capture that very significant gas production via installation of a connecting gas line while we simultaneously produce oil from that well. This oil well has provided a fantastic foundation for the successful results we anticipate from all of our wells in this field.” All natural gas produced in this field will be processed at an onsite Nitrogen Rejection Unit (NRU). The NRU has undergone testing and updates during the past 6 weeks to ensure it is ready to handle the expected volume of gas from this operation in the coming weeks.

A detailed discussion of the wells from Steve Durdin, which was recorded at the Company’s shareholder meeting on June 14th, can be viewed on the Indigo-Energy website at www.indigo-energy.com.

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 different geological regions around the United States. 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.

Contact:

Indigo-Energy, Inc. Investor Relations: Cathy Root, 1-702-990-3387 www.Indigo-Energy.com

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