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InterOil receives bids from potential Gulf LNG partners

2013-03-01 09:21 ET - News Release

Mr. Wayne Andrews reports

ADVISORS CONFIRM RECEIPT OF BIDS TO PARTNER WITH INTEROIL IN ITS GULF LNG PROJECT IN PAPUA NEW GUINEA

InterOil Corp.'s advisers have informed the company that several bids to partner with InterOil in its Gulf liquefied-natural-gas project have been received. The company's advisers are now evaluating the submissions.

The InterOil board of directors will meet the company's advisers during March, 2013, for the purpose of evaluating bids received for the development of the Gulf LNG project utilizing gas from the Elk and Antelope fields in Papua New Guinea.

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