Bloomberg | Exxon Grabs Reins in InterOil Hunt as Rivals Bow Out of Deal Bloomberg Exxon Mobil Corp. is the leader in the clubhouse to buy Papua New Guinea-focused gas explorer InterOil Corp. after Oil Search Ltd. declined to submit a counteroffer. Oil Search and Total SA had offered to buy InterOil in May in a deal that valued the ... Oil Search bows to ExxonMobil in battle for InterOil Oil Search concedes defeat in $US2.5b InterOil takeover tussle InterOil takeover: Oil Search yields to ExxonMobil, will not make counter bid |