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<B><FONT SIZE=4><P ALIGN="CENTER">UNITED STATES</P>


<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>


</B></FONT><FONT SIZE=2><P ALIGN="CENTER">Washington, D.C. 20549</P>


</FONT><P ALIGN="CENTER"></P>


<B><FONT SIZE=5><P ALIGN="CENTER">FORM 8-K</P>


</B></FONT><P ALIGN="CENTER"></P>


<FONT SIZE=2><P ALIGN="CENTER">CURRENT REPORT</P>


<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>


</FONT><P ALIGN="CENTER"></P>


<FONT SIZE=2><P ALIGN="CENTER">Date of Report (Date of earliest event reported):  September 22, 2006</P>


</FONT><P ALIGN="CENTER"></P>


<B><FONT SIZE=6><P ALIGN="CENTER">IGNIS PETROLEUM GROUP, INC.</P>


</B></FONT><FONT SIZE=2><P ALIGN="CENTER">(Exact name of registrant in its charter)</P>


</FONT>


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<TR><TD WIDTH="33%" VALIGN="TOP">


<B><FONT SIZE=2><P ALIGN="CENTER">NEVADA</B></FONT></TD>


<TD WIDTH="33%" VALIGN="TOP">


<B><FONT SIZE=2><P ALIGN="CENTER">000-50929</B></FONT></TD>


<TD WIDTH="33%" VALIGN="TOP">


<B><FONT SIZE=2><P ALIGN="CENTER">16-1728419</B></FONT></TD>


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<FONT SIZE=2><P ALIGN="CENTER">(State or other jurisdiction of</P>


<P ALIGN="CENTER">incorporation or organization)</FONT></TD>


<TD WIDTH="33%" VALIGN="TOP">


<FONT SIZE=2><P ALIGN="CENTER">(Commission File Number)</FONT></TD>


<TD WIDTH="33%" VALIGN="TOP">


<FONT SIZE=2><P ALIGN="CENTER">(IRS Employer Identification No.)</FONT></TD>


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<P ALIGN="CENTER"></P>


<B><FONT SIZE=2><P ALIGN="CENTER">100 Crescent Court, 7</FONT><SUP><FONT SIZE=1>th</SUP></FONT><FONT SIZE=2> Floor</P>


<P ALIGN="CENTER">Dallas, Texas 75201</P>


</B><P ALIGN="CENTER">(Address of principal executive offices)</P>


</FONT><P>&nbsp;</P>


<B><FONT SIZE=2><P ALIGN="CENTER">(214) 459-8188</P>


</B><P ALIGN="CENTER">(Registrant's telephone number, including area code)</P>


</FONT><P ALIGN="CENTER"></P>


<B><FONT SIZE=2><P ALIGN="CENTER">N/A</P>


</B><P ALIGN="CENTER">(Former name or former address, if changed since last report) </P>


<P ALIGN="CENTER">  </P>


<P ALIGN="JUSTIFY">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))</P>


<P ALIGN="JUSTIFY"></P>


<P ALIGN="JUSTIFY">[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)) </P>


</FONT><P ALIGN="CENTER">  </P>





<P>&nbsp;&#9;</P>


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<FONT SIZE=2><P>ITEM 5.02</FONT>&nbsp;</TD>


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<FONT SIZE=2><P>Departure of Directors or Principal Officers, Election of Directors, Appointment of Principal Officers</FONT>&nbsp;</TD>


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<P>&nbsp;</P>


<FONT SIZE=2><P>Philipp Buschmann's employment as Chief Operating Officer of Ignis Petroleum Group, Inc. was terminated on September 22, 2006.  Mr. Buschmann will remain a member of the Company's Board of Directors. </P>





<P ALIGN="CENTER">SIGNATURE</P>


</FONT>


<FONT SIZE=2><P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>


</FONT>


<P>&nbsp;</P>


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<P>&nbsp;</TD>


<TD WIDTH="3%" VALIGN="TOP">


<P>&nbsp;</TD>


<TD WIDTH="37%" VALIGN="TOP">


<FONT SIZE=2><P>IGNIS PETROLEUM GROUP, INC.</FONT></TD>


<TD WIDTH="10%" VALIGN="MIDDLE">


<P>&nbsp;</TD>


</TR>


<TR><TD WIDTH="50%" VALIGN="TOP">


<FONT SIZE=2><P>Date: September 28, 2006</FONT></TD>


<TD WIDTH="3%" VALIGN="TOP">


<P>&nbsp;</TD>


<TD WIDTH="37%" VALIGN="TOP">


<P>&nbsp;</TD>


<TD WIDTH="10%" VALIGN="MIDDLE">


<P>&nbsp;</TD>


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<P>&nbsp;</TD>


<TD WIDTH="3%" VALIGN="TOP">


<FONT SIZE=2><P>By:</FONT></TD>


<TD WIDTH="37%" VALIGN="TOP">


<FONT SIZE=2><P>/s/ Michael P. Piazza</FONT></TD>


<TD WIDTH="10%" VALIGN="MIDDLE">


<P>&nbsp;</TD>


</TR>


<TR><TD WIDTH="50%" VALIGN="TOP">


<P>&nbsp;</TD>


<TD WIDTH="3%" VALIGN="TOP">


<P>&nbsp;</TD>


<TD WIDTH="37%" VALIGN="TOP">


<FONT SIZE=2><P>Michael P. Piazza</FONT></TD>


<TD WIDTH="10%" VALIGN="MIDDLE">


<P>&nbsp;</TD>


</TR>


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<P>&nbsp;</TD>


<TD WIDTH="3%" VALIGN="TOP">


<P>&nbsp;</TD>


<TD WIDTH="37%" VALIGN="TOP">


<FONT SIZE=2><P>President and Chief Executive Officer</FONT></TD>


<TD WIDTH="10%" VALIGN="MIDDLE">


<P>&nbsp;</TD>


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<P>&nbsp;</P>





<P ALIGN="JUSTIFY">&nbsp;</P>


<P ALIGN="JUSTIFY"><FONT SIZE=1>I:\CORPORATE\CLIENTS\Ignis Petroleum\Miscellaneous 2006 (97423)\SEC Filings\Form 8-K\Form 8-K re Indem-v3-CH-dwc(9-1).doc</P></FONT></BODY>


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{"company-data": {"conformed-name": "Ignis Petroleum Group, Inc.", "cik": "0001296524", "assigned-sic": "1000", "irs-number": "161728419", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50929", "film-number": "061116081"}, "business-address": {"street1": "100 CRESCENT COURT, 7TH FLOOR", "city": "DALLAS", "state": "TX", "zip": "75201", "phone": "214 459-8188"}, "mail-address": {"street1": "100 CRESCENT COURT, 7TH FLOOR", "city": "DALLAS", "state": "TX", "zip": "75201"}, "former-company": {"former-conformed-name": "Sheer Ventures Inc.", "date-changed": "20040707"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):  September 22, 2006
IGNIS PETROLEUM GROUP, INC.
(Exact name of registrant in its charter)
NEVADA
000-50929
16-1728419
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(IRS Employer Identification No.)
100 Crescent Court, 7
th
Floor
Dallas, Texas 75201
(Address of principal executive offices)
(214) 459-8188
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)
[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))
ITEM 5.02
Departure of Directors or Principal Officers, Election of Directors, Appointment of Principal Officers
Philipp Buschmann's employment as Chief Operating Officer of Ignis Petroleum Group, Inc. was terminated on September 22, 2006.  Mr. Buschmann will remain a member of the Company's Board of Directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
IGNIS PETROLEUM GROUP, INC.
Date: September 28, 2006
By:
/s/ Michael P. Piazza
Michael P. Piazza
President and Chief Executive Officer
I:\CORPORATE\CLIENTS\Ignis Petroleum\Miscellaneous 2006 (97423)\SEC Filings\Form 8-K\Form 8-K re Indem-v3-CH-dwc(9-1).doc