LNG Developer InterOil Reviewing Rival to $2.2 Billion Bid

Updated on
  • Papau New Guinea LNG developer receives unsolicted proposal
  • Company says it’s still recommending Total, Oil Search offer

InterOil Corp., a Papua New Guinea-based natural gas explorer, has received an unsolicited takeover offer that the company is reviewing while it continues to recommend an earlier $2.2 billion bid by Total SA and Oil Search Ltd.

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