InterOil, what next?
Although up a solid 20% on more than an average day’s volume yet, there remain a few uncertainties, which keep it from going higher at the moment.
InterOil has NEW gas discovery: it’s not Elk, it’s Antelope!
Actually, there are some details available now, and these look terribly promising. Here is a part from the PR: The Elk-4 well has successfully penetrated the Antelope structure, a new […]
InterOil finds gas!
We do not have details yet, but the stock is already $5 higher. More to follow
Update on our featured stocks
Our puppies are all in a perky mood this morning. Help came from GDP figures, which (in our view), were surprisingly good. The economy grew by an annualized 0.6%, the […]
Socio-economic benefits from PNG’s coming resources boom are unimaginable
Here is an article by columnist Brian Gomez which appeared in pngindustrynews.net on Thursday, 20 March 2008. I reprint it here, as a subscription is necessary. It shows how the […]
Dry hole?
There are those that argue that Elk2, InterOil’s first appraisal well after they discovered a massive amount of natural gas at Elk, is a ‘dry hole’. It’s an argument one […]
IOC update no. 2 24/4
It’s pretty hard to keep up. The drilling report that was out this morning did not contain any news, apart from the fact that one can deduce that there were […]
IOC update 24/4
With every day that there is no news about the Merrill Lynch loan, and the stock price sinking further, the conclusion that not all is well becomes more difficult to […]
IOC update 23/4
We don’t like the price action in IOC. What explantations are there?