InterOil Corp., a publicly traded oil and gas company, has engaged US PR support as it faces competing acquisition bids from ExxonMobil and France's Total SA.
InterOil's operations focus on Papau New Guinea and claims one of Asia's largest undeveloped gas fields. Its shares are publicly traded on the New York Stock Exchange.
The company, which previously received a takeover offer from Oil Search and the French energy provider Total SA, said July 17 that ExxonMobil stepped in with a competing, unsolicted $2.5B proposal that InterOil's board has deemed superior.
P&L Corporate Communications of Australia and Hill+Knowlton Strategies (New York) are backing the Oil Search/Total bid.
Oil Search has until July 21 to counter.
Interoil's headquarters are in Singapore.
Joele Frank partner James Golden is handling US media for the company regarding the takeover offers.
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