InterOil (IOC), whose shares were crushed this week (I, II) due to fears of a natural gas...

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

InterOil (IOC), whose shares were crushed this week (I, II) due to fears of a natural gas project in Papua New Guinea being cancelled, gains 1.1% premarket after announcing it's hired i-banks to help evaluate proposals for obtaining a partner for the project. InterOil says the move comes after "consultation" with Papua New Guinea's government.