CONSENT OF INDEPENDENT PETROLEUM ENGINEERS

AND GEOLOGISTS

As independent petroleum engineers, we hereby consent to the use in this Registration Statement of Index Oil and Gas Inc., of our reports relating to the proved oil and gas reserves of Index Oil & Gas Inc., to the use of the information derived from such reports, to the reference of our firm as an expert and to all other references of our firm included in this Registration Statement on Form SB-2, Amendment No. 1.

	ANCELL ENERGY CONSULTING, INC.
November 29, 2006	By:	/s/ Kevin L. Ancell P.E.
Houston, Texas		Kevin L. Ancell
		Professional Engineer