Inform Worldwide Holdings identifies and pursues revenue opportunities in natural resources development and servicing. Recently the company signed an agreement with Soam Oil & Gas Investments, LLC to acquire Soam’s interest in two significant oil and gas projects and is also acquiring surface coal leases in Pennsylvania.
The demand for resources such as oil, gas and coal is continually increasing as the population grows and the economy expands. U.S. oil consumption is projected to reach nearly 26.1 million barrels per day by 2025, according to the Energy Information Administration.
In order to diversify its portfolio and reduce the risk associated with solely concentrating on oil and gas, the company formed a Coal Advisory Panel to identify acquisition opportunities and perform due diligence on prospective coal projects. Earlier this year the company acquired a surface coal lease located in Indiana County, Pennsylvania, and is currently finalizing negotiations with other leaseholders.
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