INTEROIL founder and one of its largest single shareholders, Phil Mulacek, has launched a rocket at the Papua New Guinea-focused company's board, demanding that the company cut the number of directors on the board from 10 and limit overall compensation.
Mulacek, who used to lead InterOil as CEO, wants to limit total cash payments for all directors to $600,000 annually to "better align the interests of the directors with the interests of the
AFTER weeks of trying to derail ExxonMobil's takeover of the company he started and lobbing insider trading...
InterOil sledges Mulacek proposal
OGOG moves to acquire 100% of NZOG
