Interoil Corp (IOC) Higher On Reports Of Chinese Bids For Natural Gas Project
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Shares of Interoil Corp. (NYSE: IOC) are trading higher in pre-open trading following reports from the South China Morning Post, as noted in Reuters, that China National Offshore Oil Corp (NYSE: CEO) and Petrochina (NYSE: PTR) are planning bids for a stake in the company's natural gas project that could be worth up to $500 million.
InterOil Corporation, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Papua New Guinea.
InterOil Corporation, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Papua New Guinea.
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