PROMISSORY NOTE-
Oliver

    


    
      	
              $500,000
      (Five Hundred Thousand Dollars)

            	
              Dated:
      October 30, 2009

            
	
              Principal
      Amount

            	
              State
      of Nevada

            


    

    


    Funding Date- On or before
October 30, 2009

    Due Date of Note October 30,
2010

    


    FOR VALUE RECEIVED, Five Hundred
Thousand Dollars ($500,000), the undersigned, Indigo-Energy, Inc., a Nevada
Corporation, located at 701 N. Green Valley Parkway, Suite 200, Henderson, NV
89074 (the “Borrower”
or the
“Company”) hereby promises
to pay to the order of  Oliver,
a                      
corporation (Maker) located
at                                                                                   of the sum of $500,000 (Five Hundred
Thousand Dollars).  Said sum shall be paid in the manner
following:

    


    This
Promissory Note (Note)
shall bear Interest at
nine percent (9%) per annum from the Funding Date to the Due Date.

    


    At the
Due Date Borrower will repay the Note in the following manner:

    


    Borrower
will repay the Principal Amount along with accrued Interest within 10 days of
the Due Date via check to the Makers address above.

    


    Additionally,
the Maker shall receive two shares of Borrower’s common stock for every dollar
of Principal Amount within thirty (30) days of disbursement of the funds, such
stock to be restricted by Rule 144.  The Maker acknowledges that the
Shares are being acquired for their own account for investment purposes only and
not with a view to distribution or resale to others in contravention of the
registration requirements of the Securities Act of 1933.

    


    This Note
shall at the option of the Maker be immediately due and payable upon the
occurrence of any of the following:

    
      	
               
      

            	
              1-   
      

            	
              Breach
      of any condition of any of the security
  interest.

            


    

    
      	
               
      

            	
              2-   
      

            	
              Upon
      the dissolution, liquidation or filing of a bankruptcy of the
      Borrower.

            


    

    


    Disbursement Instructions and
acknowledgement:  The stated use of funds provided by this
Promissory Note is that the funds are to be utilized towards the completion of
the Indigo Energy, Inc. 4-well Dubois drilling program in Indiana (“Wells”).
However, fifty thousand dollars of the initial funding, and any funds remaining
after the completion of the drilling program defined above, shall be available
to the Company for general disbursement funds to maintain the operating and SEC
reporting status of the company.  Maker acknowledges that they have
read and understand all of the Company’s filings have had an opportunity to ask
any questions of the Company and its Officers and are aware of the encumbrances,
obligations, and issues surrounding the completion and ultimate production of
the wells.  Maker acknowledges that they are an “accredited investor”
as such term is defined in Rule 501 of Regulation D and is able to bear the
economic risk of the investment.


    
      
         


      

      
         


        
          

        

      

      
         


      

    


    Security
Interest.     There shall be a pledged security
interest in the Wells.  In the event of default of this agreement, up
to half (50%) of the net revenue in the Wells which is actually received by the
Company, net of expenses, liens, and related obligations, shall be used to repay
any remaining balance due under this note.  The Company shall not
further encumber this 50% interest until this note is paid in full unless such
encumbrance is subordinated to this Security Interest granted pursuant to this
Note.

    


    Wire
Instructions for receipt of funds by Borrower are:

    


    Bank of
America

    Branch
NV1-155-01-01

    2638 W.
Horizon Ridge Parkway

    Henderson,
NV 89052

    Indigo-
Energy, Inc.

    Account #
005012537333

    Wire
Routing ABA # 02609593

    


    Default
Provisions.      In the event this note
shall be in default, and placed with an attorney for collection, then the
Borrower agrees to:

    
      	
               
      

            	
              1-

            	
              Pay
      all reasonable attorney fees and costs of collection. Payments not made
      within 10 days of due date shall be subject to a late charge of 10% of
      said payment.  All payments hereunder shall be made to the
      Maker, and;

            


    

    
      	
               
      

            	
              2-

            	
              Pay
      to Maker a penalty of five (5) million shares of restricted common stock
      of the Company, said stock to be issued within thirty (30) days of
      default.

            


    

    


    Entire
Agreement.  The Borrowers agree to be fully bound hereunder
until this note shall be fully paid and waive demand, presentment and protest
and all notices thereto and further agrees to remain bound, notwithstanding any
extension, renewal, modification, waiver, or other indulgence by the Maker or
upon the discharge or release of the Borrowers, or upon the exchange,
substitution, or release of any collateral granted as security for this
Note.  No modification or indulgence by Maker shall be binding unless
in writing, and any indulgence for one occasion shall not be an indulgence for
any other or future occasion.  This Note shall take effect as a sealed
instrument and shall be construed, governed, and enforced in accordance with the
laws of the State of Nevada.

    


    Signed
the date recorded below:

    


    
      	
              /s/ Steve Durdin

            	 
      	 
      	 
      	 
      
	
              Steve
      Durdin, CEO

            	 
      	
              Date

            	 
      	 
      
	
              Indigo-Energy,
      Inc.

            	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	
              Accepted
      by Maker:

            	 
      	 
      	 
      	 
      
	
              /s/ Oliver

            	 
      	 
      	 
      	 
      
	
              Oliver

            	 
      	
              Date

            	 
      	
              SSAN#
      or EIN

            


    

    


    Prom Note
Oliver R