InterOil -13% on report that Papua New Guinea deal with Exxon at risk

|About: InterOil Corporation (IOC)|By:, SA News Editor

InterOil (IOC) -13.5% premarket on a report that Exxon Mobil's (XOM) exclusive period of negotiations for a large stake of IOC’s Elk-Antelope field in Papua New Guinea has ended without a deal.

XOM was aiming to acquire at least 4.6T cubic feet of gas from the Elk-Antelope field to fuel a third train expansion of the PNG LNG project it operates.