Well suspended due to higher-than-expected pressures SINGAPORE and PORT MORESBY, Papua New Guinea, July 14, 2014 /CNW/ -- InterOil Corp. (NYSE, POMSox: IOC) has suspended the Wahoo-1 well in PPL474 in Papua New Guinea after intersecting gas and higher-than-expected pressures that could compromise rig safety. Significant concentrations of [...]
PORT MORESBY, Papua New Guinea, June 30, 2014 /PRNewswire/ -- Puma Energy, a global integrated midstream and downstream energy company, has today announced the acquisition of InterOil Corp. (NYSE:IOC) subsidiary companies that own refining and fuels marketing businesses in Papua New Guinea for US$525.6 million, which includes adjustments for cash [...]
- Enhances focus on higher-returning upstream and LNG business - Handover and transition of all staff to begin immediately SINGAPORE and PORT MORESBY, Papua New Guinea, June 30, 2014 /CNW/ -- InterOil Corp. (NYSE: IOC, PoMSOX: IOC) has announced the sale of companies that hold its Papua New Guinea oil refinery and petroleum products distribution [...]
Election of Directors and appointment of Auditors SINGAPORE and PORT MORESBY, Papua New Guinea, June 24, 2014 /CNW/ -- InterOil Corp. (NYSE: IOC) (POMSoX: IOC) ("InterOil" or the "Company") is pleased to announce that at its annual meeting of shareholders held in New York on June 24, 2014, all resolutions put before shareholders were approved [...]
SINGAPORE and PORT MORESBY, Papua New Guinea, June 24, 2014 /CNW/ -- InterOil Corp. (NYSE:IOC; POMSoX:IOC) is pleased to announce that the Chairman's remarks as prepared for the Annual Meeting, the Chief Executive Officer's presentation and accompanying presentation notes giving an update on current operations have been posted on InterOil's website [...]
SINGAPORE, June 17, 2014 /CNW/ -- InterOil Corp. (NYSE: IOC; POMSoX: IOC) has finalised a US$300 million syndicated, senior secured capital expenditure facility through a consortium of banks led by Credit Suisse AG. The facility was supported by InterOil's existing banks, Credit Suisse, Commonwealth Bank of Australia, Westpac Bank, Australia and [...]
Milestones Reached, Exploration Starts - Elk-Antelope deal completed with Total S.A. - $340.5m one-off gain on Total transaction - New leadership team in place - Drilling under way on new exploration licenses SINGAPORE and PORT MORESBY, Papua New Guinea, May 14, 2014 /CNW/ - InterOil Corp. (NYSE:IOC; POMSoX:IOC) (the "company") today announced a [...]
InterOil Corp. (NYSE: IOC; POMSoX: IOC) announced that it will release financial and operating results for the first quarter before the market opens for trading on Wednesday, May 14, 2014 with full text of the news release and accompanying financials available on the companys website at www.interoil.com. A conference call will be held on [...]
Focus Now on LNG Partnership and Drilling Program SINGAPORE and PORT MORESBY, Papua New Guinea, March 31, 2014 /CNW/ - InterOil Corp. (NYSE:IOC; POMSoX:IOC) (the "Company") announced today record revenues and products sold in its financial results for the full year ending December 31, 2013. The year also resulted in new leadership at InterOil and [...]
InterOil's Third Well This Month SINGAPORE and PORT MORESBY, Papua New Guinea, March 28, 2014 /CNW/ - InterOil today began drilling at the Raptor-1 site, as part of its US$300 million oil and gas exploration campaign in Papua New Guinea. This will be InterOil's third exploration well started in PNG since the beginning of March. Raptor is about [...]
SINGAPORE and PORT MORESBY, Papua New Guinea, March 28, 2014 /PRNewswire/ -- InterOil (NYSE: IOC; POMSoX: IOC) has received notification from Oil Search (ASX, POMSoX: OSH) of a dispute under the Joint Venture Operating Agreement relating to Petroleum Retention License 15 in Papua New Guinea. We will be responding in accordance with the terms of [...]
PORT MORESBY, Papua New Guinea and SINGAPORE, March 26, 2014 /CNW/ - InterOil Corp. (NYSE: IOC; POMSoX: IOC) announced that it has completed the acquisition of an additional 1.0536% participating interest in Petroleum Retention License 15. The consideration for the interests was $41.53m, satisfied by the issue of common shares of InterOil. About [...]