The many winners in PNG

EVERYONE WINS. It's not often something like that can be said about an event in the oil industry but ExxonMobil's bid for Papua New Guinea-focused InterOil is what Slugcatcher believes can be described as a win, win, win win, win, win.

The many winners in PNG The many winners in PNG The many winners in PNG The many winners in PNG The many winners in PNG

How can one deal produce so many winners and no losers? Count the ways:

  • 1. InterOil shareholders get a higher price than that offered when Oil Search kicked the current action into play in late May.
  • 2.
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