the national on monday

[freddiekingman]

Nothing new.... http://www.thenational.com.pg/?q=node/44532

But still the same exciting words from Mr.Mulaceck........"......companies"

[freddiekingman]

The National, Monday 28th January, 2013

INTEROIL Corporation has completed the logging (mapping) programme at the Antelope-3 well in Gulf with promising results, it was announced on Friday. “We believe these results indicate that the reservoir quality at the Antelope-3 location is of similar quality to the Antelope-1 and -2 wells and fully support our reservoir model,” the company said in a statement. InterOil also announced that it has advised bidders with which the company has been in discussions that the final binding bid solicitation period for the partnering process being undertaken will close on Feb 28. The InterOil board of directors intends to meet the company’s advisers during the first week of this March to evaluate bids received and select its partners for the development of the Gulf LNG project sourcing gas from the Elk and Antelope fields. Phil Mulacek, chief executive of InterOil said: “We are pleased to have the continued support of the PNG government during the conclusion of our partnering process. “The interest demonstrated by major oil, national oil and global utility companies remains strong and bodes well for the conclusion of our sell down of interest in the Elk and Antelope fields and partnering in the Gulf LNG project.”