PORT MORESBY, Papua New Guinea and SINGAPORE, March 25, 2014 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) announced that it will hold a conference call to discuss closing of the revised sale and purchase agreement with Total SA covering the Elk-Antelope gas field in Petroleum Retention License 15 in Papua New Guinea. The conference call will be [...]
- Revised sales and purchase agreement closes - Total acquires 40.1% gross interest and brings its global expertise to developing PNG's second LNG project -- InterOil receives US$401 million and maintains material 35.5% gross interest in one of Asia's largest gas fields - Joint venturers share objectives with PNG Government to monetise gas as [...]
PORT MORESBY, Papua New Guinea and SINGAPORE, March 24, 2014 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) announced that it will release financial and operating results for the fourth quarter and full year of 2013 before the market opens for trading on Monday, March 31, 2014 with full text of the news release and accompanying financials [...]
Second of Up to Eight Wells in $300m Campaign PORT MORESBY, Papua New Guinea and SINGAPORE, March 10, 2014 /CNW/ - InterOil Corp. (NYSE:IOC; POMSoX:IOC) today announced it had started drilling the Wahoo-1 exploration well in Papua New Guinea following approval by the Papua New Guinea Department of Petroleum and Energy. Wahoo-1 is the second of [...]
PORT MORESBY, Papua New Guinea and SINGAPORE, March 5, 2014 /CNW/ - InterOil Corp. (NYSE:IOC; POMSoX:IOC) today announced that following the approval of the drilling plan by the Papua New Guinea Department of Petroleum and Energy it has started drilling its Bobcat-1 exploration well in Petroleum Prospecting Licence 238 in the Gulf Province of Papua [...]
Experience and Capacity to Deliver Gas More Quickly PORT MORESBY, Papua New Guinea and SINGAPORE, Feb. 27, 2014 /CNW/ - InterOil Corp. (NYSE:IOC) (POMSoX:IOC) ("InterOil") is pleased to welcome Oil Search Limited ("Oil Search") as a partner in the Elk-Antelope fields – the largest undeveloped gas resource in Papua New Guinea. Oil Search has [...]
SINGAPORE, Jan. 29, 2014 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) today announced the relocation of core functions from its 100-person office in Cairns, Australia, to support expanding operations in Papua New Guinea ("PNG"). The Cairns office will close by the end of the year. The decision to increase capacity in PNG comes as InterOil is [...]
SINGAPORE, Jan. 21, 2014 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) today announced the appointment of Mr. Jon Ozturgut as Chief Operating Officer and Mr. Donald Spector as Chief Financial Officer, with immediate effect. Mr. Ozturgut, a senior executive with 27 years' international oil and gas experience with Atlantic Richfield Company (ARCO [...]
PORT MORESBY, Papua New Guinea and HOUSTON, Dec. 9, 2013 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) is pleased to announce that an investor presentation detailing the previously announced selection of Total S.A. as our partner for PNG Gas Development has been posted on InterOil's website at www.InterOil.com. The presentation will be used in [...]
PORT MORESBY, Papua New Guinea and HOUSTON, Dec. 6, 2013 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) is pleased to announce that the PNG Department of Petroleum and Energy has approved the Company's application for Petroleum Retention License 39, which includes the Triceratops discovery. Additionally, InterOil is providing further clarification [...]
PORT MORESBY, Papua New Guinea and HOUSTON, Dec. 5, 2013 /CNW/ - InterOil Corp. (NYSE: IOC) (POMSoX: IOC) today announced INTEROIL SELECTS TOTAL SA FOR PNG GAS DEVELOPMENT. A conference call will be held on Friday, December 6, 2013, at 9:30 a.m. Central (10:30 a.m. Eastern) to discuss the transformational transaction to monetise InterOil's [...]
- Transformational transaction to monetise InterOil's Elk-Antelope fields - InterOil to maintain a material 30% interest in integrated LNG development - Highly-credentialed partner to facilitate certainty of development - Illustrative final transaction price of US$1.5 - US$3.6 billion (for a range of 5.4 - 9.0 tcfe of hydrocarbon gas equivalent [...]