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Stock Market & Financial Investment News

News Breaks
June 30, 2014
05:16 EDTIOCInterOil sells downstream businesses for $525.6M
InterOil has announced the sale of companies that hold its Papua New Guinea oil refinery and petroleum products distribution businesses to Singapore-based Puma Energy Group Pte for $525.6M, which includes adjustments for cash and working capital. InterOil's downstream businesses include the Napa Napa refinery in Port Moresby that processes about 28,000 barrels a day, 52 service stations, and 30 fuel depots, terminals and aviation sites. The sale ensures the transition to Puma Energy of all InterOil staff who are employed in the refinery and downstream businesses.
News For IOC From The Last 14 Days
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December 18, 2014
10:01 EDTIOCOn The Fly: Analyst Initiation Summary
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06:10 EDTIOCInterOil initiated with a Buy at Goldman
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December 11, 2014
07:24 EDTIOCInterOil announces discovery at Bobcat-1 well in Papua New Guinea
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