InterOil Announces Closing of Cairns, Australia Office by Year End
January 29, 2014 at 08:10 AM EST
InterOil Corporation (NYSE: IOC ) today announced the relocation of core functions from its 100-person office in Cairns, Australia, to support expanding operations in Papua New Guinea ("PNG"). The Cairns office will close by the end of the year. The decision to increase capacity in PNG comes as InterOil is finalizing an agreement