Infinity Oil

Latest News

Infinity Energy Resources to Present at 14th Annual B. Riley & Co. Investor Conference on May 20, 2013

Infinity Energy Resources Announces Approval of Environmental Impact Assessment by Nicaraguan Government - Company's Objective Is to Commence 3-D Seismic Mapping Activities Later This Year

Infinity Energy Resources to Present to the Long Island Investment Banking Group - Click here to view the presentation slides

 

Infinity Energy Resources, Inc.

Infinity Energy Resources, Inc. ("IFNY") is a natural resources exploration and development company with oil and gas concessions covering 1.4 million acres offshore Nicaragua in the Caribbean Sea. The Company’s concessions are located adjacent to Noble Energy’s (NYSE: NBL) 1.8 million-acre offshore concessions, which have been estimated by Noble to potentially contain 2.7 billion barrels of oil. Noble has announced plans to commence drilling in Nicaragua within the next few months.

To date, reprocessing and interpretation of previously collected seismic data by independent engineering consultants has identified four prospects, covering a total of over 547 square miles in shallow waters along the Nica-Tinkham Ridge beneath IFNY’s concessions. These consultants have calculated that the potential oil resources present in these structures in the Eocene geologic zone alone could approach 10 billion barrels. IFNY is currently seeking a partner to provide the financial, technical and operational resources to explore and develop the concessions.

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