HALISTER: ExxonMobil to Buy InterOil in Deal Valued at More Than $2.5b

ExxonMobil to Buy InterOil in Deal Valued at More Than $2.5b

(Bloomberg) -- InterOil shareholders will receive $45/share paid in ExxonMobil shares at closing plus Contingent Resource Payment.
  • CRP would be additional cash payment of $7.07/share for each tcfe gross resource certification of the Elk-Antelope field above 6.2 tcfe, up to a maximum of 10 tcfe
  • XOM paying Oil Search termination fee
  • Related: Exxon Grabs Reins in InterOil Gas Hunt as Rivals Bow Out of Deal (Link)
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
XOM US (Exxon Mobil Corp)
IOC US (InterOil Corp)
OSH AU (Oil Search Ltd)

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