Inform Worldwide Holdings Increases 5.83% on Record Breaking Volume
Inform Worldwide Holdings’s stock traded over 178,000 shares today and closed at $2.54. In this month alone, IWWI’s share price has increased 24% with volume continually increasing.
Inform Worldwide Holdings is engaged in identifying and pursuing revenue opportunities in natural resources development and servicing. The high demand for oil and natural gas has strongly grown the oil and gas exploration industry and offers Inform Worldwide excellent opportunity to substantially increase revenues.
The company’s partnership with Soam Oil & Gas Investments, LLC provides the company with an 80% net revenue interest in two projects located in Osage County. The projects are spread over 2,700 acres of land and include 68 wells which are producing approximately 60 barrels of oil per day.
The company believes there is great potential to double production by re-drilling 22 inactive wells on the Cornellus and Roark prospects, which could value production over $3.2 million next year, with ownership interest exceeding $2.5 million.
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