SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 22, 2017 /PRNewswire/ -- InterOil
Corporation (NYSE: IOC) today announced the completion of the
previously announced transaction with Exxon Mobil Corporation
(NYSE: XOM). Under the terms of the transaction, ExxonMobil
acquired all of the outstanding common shares of InterOil, and
InterOil shareholders received 0.5459 shares of ExxonMobil for each
InterOil common share and a contingent resource payment (that has
been deposited into escrow on closing and will be subsequently
released, with applicable adjustments, following certification of
the Elk-Antelope resource). With the completion of the
transaction, the common shares of InterOil will be de-listed from
the New York Stock Exchange.
Registered holders of InterOil's common shares are reminded that
they must properly complete, sign and return the letter of
transmittal, along with their share certificate(s), to
Computershare Investor Services Inc., as depositary, in order to
receive the consideration they are entitled to under the
transaction.
Media Contacts
+1-832-625-4000
Legal Notice
None of the securities anticipated to be issued pursuant to the
ExxonMobil transaction have been or will be registered under the
United States Securities Act of 1933, as amended (the "U.S.
Securities Act"), or any state securities laws, and any securities
issued pursuant to the ExxonMobil transaction are anticipated to be
issued in reliance upon available exemptions from such registration
requirements pursuant to Section 3(a)(10) of the U.S. Securities
Act and applicable exemptions under state securities laws. This
document does not constitute an offer to sell or the solicitation
of an offer to buy any securities.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/interoil-announces-completion-of-exxonmobil-transaction-300412075.html
SOURCE InterOil Corporation
