The recent lapse of the exclusivity clause in the ExxonMobil talks has enabled InterOil to be open to other offers, and well-placed sources said Shell has submitted a new offer, and possibly another party also.
It could not be confirmed if Shell’s new offer is in direct competition with ExxonMobil’s, or is a separate play for other InterOil resources.
InterOil confirmed the ExxonMobil talks are continuing, though a spokesperson refused to be drawn on the Shell offer, saying only that the company would not be making public comments about any of its negotiations.
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