InterOil shareholders approve acquisition by ExxonMobil

Published by David Rowlands, Editor
LNG Industry, Wednesday, 15 February 2017 09:30

InterOil Corp. has announced that the majority of shareholders have approved the acquisition of the company by Exxon Mobil Corp.

The company claims that over 91% of the votes were cast in favour of the proposed transaction. On 21 September 2016, just 80% voted to approve the original transaction.

In the statement, InterOil claims that the court hearing in which InterOil is seeking a final order with respect to the Amended and Restated Plan of Arrangement is currently scheduled for 20 February 2017.

InterOil is an independent oil and gas business, which has a sole focus on Papua New Guinea. The company’s assets include Elk-Antelope – one of Asia’s largest and undeveloped gas fields – in the Gulf Province, as well as exploration licenses covering approximately 16 000 km².

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/15022017/interoil-shareholders-approve-acquisition-by-exxonmobil/

Argent LNG launches EPC review and pre-filing process with FERC

Tuesday 15 July 2025 15:00

Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission pre-filing and permitting process for its 25 million tpy LNG export project in Louisiana.

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