InterOil slides as management seems evasive on deal question • - TopicsExpress

InterOil slides as management seems evasive on deal question • 10:55 AM InterOil (IOC -8.8%) shares slide during the Q2 earnings conference call, as CEO Michael Hession seems evasive in giving a direct answer on its deal with ExxonMobil (XOM), which might indicate no agreement with IOC is forthcoming. (preliminary transcript) A month ago at his introduction as CEO, Hession had indicated his first priority was to finalize the resource sell-down with XOM.

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