InterOil says advisors confirm receipt of bids to partner in Gulf LNG project InterOil Corporation announced that its advisors have informed the company that several bids to partner with InterOil in its Gulf LNG project have been received. The advisors are now evaluating the submissions.The InterOil Board of Directors will meet the company's advisors during March 2013 for the purpose of evaluating bids received for the development of the Gulf LNG Project utilizing gas from the Elk and Antelope fields in Papua New Guinea.
InterOil Antelope project looks more likely to be carried out, says Bernstein After meeting with InterOil and Paupa New Guinea government officials, Bernstein says that all parties increasingly believes that the Antelope LNG project will get off the ground. The firm is now more convinced that Antelope will reach Final Investment Decision before 2018. It keeps a $90 price target and Outperform rating on InterOil.