The sudden retirement of InterOil (IOC) CEO Phil Mulacek should speed the securing of a major JV...

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

The sudden retirement of InterOil (IOC) CEO Phil Mulacek should speed the securing of a major JV partner for its Gulf LNG project in Papua New Guinea, Raymond James analyst Pavel Molchanov says. Mulacek was a "sharply polarizing figure" perceived as "an obstacle" to a deal with interested partners such as XOM, RDS.A or TOT, and his departure provides a catalyst for an announcement.