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So, yes the engineers that do the reserve determination will use all of  the data available. Seismic, gravity, logs, cores, flow tests etc. I would not say they will “average” the methods but that they will give what they consider to be the proper weight to each technique in determining their final number. I guess […]

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InterOil’s share price is under significant pressure because of the state of the oil and LNG markets. However, at present, neither cash flow nor a substantial part of the value proposition depends on the oil price and the company’s leverage is very small. Papua New Guinea (PNG) is at the low end of cost for […]

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InterOil, like most oil and gas companies, suffered from the fall in oil price. But unless energy prices stay low for a decade or so, which we think is unlikely, there is little reason for that. The next year will be decisive for InterOil’s LNG plans, most notably because of the recertification of its Elk/Antelope […]

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While the exclusivity arrangements have recently lapsed, ExxonMobil has been negotiating for a 4.6 trillion cubic feet of gas-sized stake of InterOil’s Elk-Antelope discoveries in PNG’s Gulf Province to underpin a third train expansion of PNG LNG. ExxonMobil’s PNG subsidiary Esso Highlands said it was continuing to assess and advance “new expansion and development opportunities […]

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InterOil’s Elk/Antelope Resource RevisitedJul 12 2013, 08:41 | about: IOC, includes: XOMDisclosure: I am long IOC. More…InterOil IOC is a Canadian gas exploration company that has big licenses in Papua New Guinea PNG, as well as a refinery and a series of gas stations and distribution centers. IOC is our oldest long which we’re still […]

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For quite some time now, InterOil has been one of the most undervalued energy plays on the market Tyler Crowe Motley Fool via Motley Fool redemption of sorts…

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