Bloomberg | Exxon in Catbird's Seat for InterOil as Oil Search Drops Out Bloomberg Oil Search and Total had offered to buy InterOil in May in a deal that valued the company at $2.2 billion. The two companies agreed to terminate their joint effort if InterOil cancels their arrangement agreement to enter a deal with Exxon, which topped ... Oil Search bows to ExxonMobil in battle for InterOil Oil Search concedes defeat in $US2.5b InterOil takeover tussle Oil Search Abandons Bid for InterOil, Clears Path for Exxon |