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+--- Thread: InterOil Responds To Trading Alert (/showthread.php?tid=4429)
InterOil Responds To Trading Alert - Gator - 08-17-2013
PR Newswire
12:16 PM Eastern Daylight Time Aug 16, 2013
PORT MORESBY, Papua New Guinea and HOUSTON, Aug. 16, 2013 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) has responded to a trading alert from the New York Stock Exchange. In response to an inquiry regarding unusual trading activity in InterOil shares, the Company has informed the NYSE that it is InterOil's policy not to comment on market rumours or speculation. It is also the Company's policy not to comment on ongoing negotiations. Negotiations with ExxonMobil Papua New Guinea Ltd. regarding an agreement to monetize the Elk and Antelope fields are ongoing.
RE: InterOil Responds To Trading Alert - Resourcearb - 08-17-2013
'Gator' pid='27355' datel Wrote:PR Newswire
12:16 PM Eastern Daylight Time Aug 16, 2013PORT MORESBY, Papua New Guinea and HOUSTON, Aug. 16, 2013 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) has responded to a trading alert from the New York Stock Exchange. In response to an inquiry regarding unusual trading activity in InterOil shares, the Company has informed the NYSE that it is InterOil's policy not to comment on market rumours or speculation. It is also the Company's policy not to comment on ongoing negotiations. Negotiations with ExxonMobil Papua New Guinea Ltd. regarding an agreement to monetize the Elk and Antelope fields are ongoing.
So the only relevant news today is that InterOil may have chosen not to extend exclusivity, a very positive indication that the company has other compelling bids and is leveraging them to accelerate and optimize negotiations with Exxon. When the dust settles, investors will perceive Blair Price's report today as a significant positive indicator and an immediate precursor to deal closure.
RE: InterOil Responds To Trading Alert - Tree - 08-17-2013
'Gator' pid='27355' datel Wrote:PR Newswire
12:16 PM Eastern Daylight Time Aug 16, 2013PORT MORESBY, Papua New Guinea and HOUSTON, Aug. 16, 2013 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) has responded to a trading alert from the New York Stock Exchange. In response to an inquiry regarding unusual trading activity in InterOil shares, the Company has informed the NYSE that it is InterOil's policy not to comment on market rumours or speculation. It is also the Company's policy not to comment on ongoing negotiations. Negotiations with ExxonMobil Papua New Guinea Ltd. regarding an agreement to monetize the Elk and Antelope fields are ongoing.
Kinda conflicts with the alerts Schwab and others ran with. What a morning buying op we had.
RE: InterOil Responds To Trading Alert - Palm - 08-17-2013
Hohoho "We can't comment on ongoing negotiations, BUT the negotiations are ongoing with ExxonMobil Papua New Guinea Ltd. regarding an agreement to monetize the Elk and Antelope fields" "And they are gooooooooooooooooooooooooood. BUT we can't comment."
RE: InterOil Responds To Trading Alert - Gator - 08-17-2013
The Fly On the Wall said "InterOil issues a no comment on trading activity". Short trying to bash again.
RE: InterOil Responds To Trading Alert - Palm - 08-17-2013
It's also on their website:
http://www.interoil.com/iocfiles/documents/investorrelations/newsandpressreleases/2013/2013-08-16%20NYSE%20Trading%20Final.pdf
RE: InterOil Responds To Trading Alert - Tusker - 08-17-2013
'Resourcearb' pid='27358' datel Wrote:
'Gator' pid='27355' datel Wrote:PR Newswire
12:16 PM Eastern Daylight Time Aug 16, 2013PORT MORESBY, Papua New Guinea and HOUSTON, Aug. 16, 2013 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) has responded to a trading alert from the New York Stock Exchange. In response to an inquiry regarding unusual trading activity in InterOil shares, the Company has informed the NYSE that it is InterOil's policy not to comment on market rumours or speculation. It is also the Company's policy not to comment on ongoing negotiations. Negotiations with ExxonMobil Papua New Guinea Ltd. regarding an agreement to monetize the Elk and Antelope fields are ongoing.
So the only relevant news today is that InterOil may have chosen not to extend exclusivity, a very positive indication that the company has other compelling bids and is leveraging them to accelerate and optimize negotiations with Exxon. When the dust settles, investors will perceive Blair Price's report today as a significant positive indicator and an immediate precursor to deal closure.
Yes... the word exclusivity was not included. Perhaps there is more than one positive future ahead for IOC.
Keep it on fire.
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RE: InterOil Responds To Trading Alert - sageo - 08-17-2013
Tusker-- Hemi suggested we "keep it on ice".....now we want"to set it on fire" ....That leaves us with a puddle ....I dipped my finger in and it appears to be condensates !!! Lots and lots more !! Got some more "leaps" this AM. Good luck to you.
RE: InterOil Responds To Trading Alert - calaban48 - 08-17-2013
So the only relevant news today is ...
1) Blair Priced got paid.
2} Blair Price has lost all journalistic credibility.
3} Blair Price should be seeking new employment elsewhere.
What a trollop he is ,,,
RE: InterOil Responds To Trading Alert - smeltman - 08-17-2013
'sageo' pid='27371' datel Wrote:Tusker-- Hemi suggested we "keep it on ice".....now we want"to set it on fire" ....That leaves us with a puddle ....I dipped my finger in and it appears to be condensates !!! Lots and lots more !! Got some more "leaps" this AM. Good luck to you.
The ice is on fire! (May be good for a Hot Toddy?)
