InterOil (IOC +6%) rebounds from yesterday's selloff after providing an update on its liquefied...

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

InterOil (IOC +6%) rebounds from yesterday's selloff after providing an update on its liquefied natural gas activity in Papua New Guinea. IOC says final bids for the partnering process will close at the end of February. "Interest... remains strong, and bodes well for the conclusion of our sell down of interest in the Elk and Antelope fields and partnering in the Gulf LNG Project," CEO Phil Mulacek says.