The Interoil-Total deal
Interoil - an oil and gas company with operations in Papua New Guinea - is a controversial stock. And there are reasons - today demonstrates just some of them.
Interoil did a deal - maybe a very important deal - with the French oil major Total.
The problem is that the press release issued by Interoil is dramatically different to the press release issued by Total.
This link is the Interoil press release.
And here is the Total release.
After reading these it is seemingly impossible to even agree on the facts.
No wonder genuinely held opinions differ.
John