InterOil Announces Approval of PRL39 by PNG Government, Clarification on Deal With Total
December 06, 2013 at 13:14 PM EST
InterOil Corporation (NYSE: IOC ) is pleased to announce that the PNG Department of Petroleum and Energy has approved the Company's application for Petroleum Retention License 39, which includes the Triceratops discovery. Additionally, InterOil is providing further clarification regarding the fixed and variable payments agreed to with Total S.A. (NYSE: