Interoil Corp (IOC.N)
* Interoil highlights value created by Exxonmobil transaction
* In light of pending transaction with Exxon Mobil Corp Interoil will not hold conference call to discuss its quarterly results
* ExxonMobil to acquire Interoil in transaction worth more than $2.5 billion
July 21 ExxonMobil Corp said it would buy InterOil Corp for more than $2.5 billion in stock, adding a new gas field to expand its exports from Papua New Guinea.
MELBOURNE, July 21 Australia's Oil Search Ltd on Thursday cleared the way for ExxonMobil Corp to take over InterOil Corp for $2.2 billion, opting not to raise its rival offer for its partner in a rich Papua New Guinea gas field.
July 20 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
MELBOURNE Total SA is unlikely to challenge ExxonMobil in a bidding war for explorer InterOil Corp , the French firm's partner in a gas field in Papua New Guinea, analysts said on Wednesday.ExxonMobil this week topped an offer from Oil Search which was backed by Total.
MELBOURNE, July 20 Total SA is unlikely to challenge ExxonMobil in a bidding war for explorer InterOil Corp, the French firm's partner in a gas field in Papua New Guinea, analysts said on Wednesday.
PARIS, July 20 French oil and gas company Total said on Wednesday it was analysing a competing offer made by rival U.S oil giant ExxonMobil's for explorer InterOil Corp, its partner in a gas field in Papua New Guinea.
LAUNCESTON, Australia, July 19 ExxonMobil Corp's bid to buy a junior natural gas explorer in a remote Pacific country shows that rare corporate ability of planning a deal at the bottom of the commodity cycle that holds the promise of long-term returns.
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