Latest Information

Bloomberg: Exxon Foe Says Bigger InterOil Offer Still Isn’t Good Enough – 21 December, 2016

Exxon Mobil Corp.’s offer to raise its bid for InterOil Corp. to as high as $3.9 billion isn’t enough to pacify the deal’s most prominent opponent. InterOil founder Phil Mulacek, who left in in 2013 and remains the third-largest shareholder, said Exxon still isn’t offering shareholders full value for InterOil’s hydrocarbon reserves in Papua New Guinea. Exxon last week increased the amount of gas reserves for which it would pay a bonus to shareholders, essentially boosting its maximum offer by 9.8 percent. Mulacek’s opposition complicates what would be Exxon’s largest acquisition since 2010 and the Irving, Texas-based company’s plans to assimilate InterOil’s gas reserves into its existing...
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Release: CANADIAN COURT OF APPEAL HALTS EXXON ACQUISITION OF INTEROIL – 7 November, 2016

HOUSTON, TEXAS – Monday, November 7, 2016 – The founder and former chairman and chief executive of InterOil Corporation (“InterOil”), Phil Mulacek, said today that a three judge panel of the Court of Appeal for Yukon, Canada, has unanimously determined not to approve the proposed plan of arrangement by Exxon Mobil Corporation (“ExxonMobil”) to acquire all of the shares of InterOil (the “Exxon Proposal”). In its decision handed down on Friday, November 4, 2016, the appeal Court overturned a ruling by the Yukon Supreme Court last month that had approved the Exxon Proposal. Unless the Supreme Court of Canada agrees to hear any appeal, the Exxon Proposal cannot be completed in its current form.
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The Conference Call Details
for 9 February, 2017:

Time: 9:30AM (CST)

US Toll Free Dial-In: 1(866) 551-7244

Conf No.: 70506067

Participants are invited to submit questions in advance by email to: info@concernedinteroilshareholders.com.

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On behalf of the Concerned InterOil Shareholders, we thank you for your support!.