InterOil Corporation: Antelope-1 Well Drill Stem Test Confirms Extended Gas Column

InterOil Corporation announced that it has successfully drilled an additional 295 feet of reservoir and flowed natural gas at a rate of 13.1 million standard cubic feet per day (MMSCFPD) from a 210 feet interval at the current base of the Antelope-1 well in Papua New Guinea. Highlights: - Drilled and cored 295 feet lower in the reservoir, with gas confirmed... 

InterOil Announces LNG Project Decision to Negotiate Gas Offtake With Industry Operators

InterOil Corporation, announced that, as a result of resolutions passed by the Board of Directors of PNG LNG, Inc., the joint venture owned by affiliates of InterOil, Pacific LNG and Merrill Lynch, to construct an LNG (liquid natural gas) plant on a site adjacent to InterOil’s refinery in Papua New Guinea, Merrill does not have any right of first...