Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

This afternoon's swoon in shares of InterOil (IOC -8.5%) may be traced to rumors the company is...

  • Wednesday, January 23, 2:47 PM ET
    This afternoon's swoon in shares of InterOil (IOC -8.5%) may be traced to rumors the company is running into issues with its Papua New Guinea project. In November, the government approved a proposal to build a 3.8M/year metric ton liquefied natural gas plant; since then, IOC has been working on a modified project agreement and securing a recognized operator of the proposed facilities.
Track new comments on this story

This news story has 3 comments:

  •  
    Next time. I promise that next time I get a call out of the blue from a broker pushing some random name I will short it. Next time.
    23 Jan, 03:25 PM Reply Like
  •  
    What is the source of these rumors and is there any further report therein?
    24 Jan, 05:56 AM Reply Like
  •  
    What a load of garbage. What a difference 24 hours can make.
    24 Jan, 06:31 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Energy & Materials Articles
More Latest Articles »