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Infinity Energy Resources Inc. Message Board

  • sdth_investor sdth_investor Mar 13, 2008 10:51 AM Flag

    Nicaragua

     

    Comments please !!

    Recently we have had expressions of excitement regarding the potential of IFNY's interests in Nicaragua. Additionaly that we are next in line. Please expand on the concept that we are "next in line."

    Thanks

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    • It's not so much that there was a "que", it's just the way it worked out. MJK Resources was the first to sign their agreement with the Nicauraguan government. IFNY had the benefit of watching the process play out before they negotiated their deal. The next step in the process will be to get 3-D seismic work for our concession area. After that, we will be looking for a deal to sell the concession, probably with some kind of carry position.

      Rob

 
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