Inform Worldwide Holdings Inc., Las
Vegas, (OTCBB: IWWI) plans to acquire
all rights held in two projects in Osage
County, Okla., from an affiliated company,
Texas-based Soam Oil & Gas
Investments LLC for an undisclosed
The project consists of 80% net revenue
interest in 50 wells on 2,720 acres.
Production is more than 60 barrels of oil
per day. Soam will remain operator.
Inform will also pay all of Soam’s
accrued expenses.