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Interoil (IOC)

Stock (Energy Industry, Oil & Gas Refining Industry)

InterOil reports a net loss of $3.3 million in Q2 The company reported a net loss of $3.3 million, an improvement from the $17.8 million loss reported in the second quarter of 2006. InterOil managed to reduce its losses as a result of the improvement in the midstream segment. Hydrocarbon column being set up by Interoil Corporation at Elk-2 well Interoil has announced that the Elk structure has sufficient gas reserves and the company is planning to set up a hydrocarbon column at Elk-2 well. Also, the company will announce its quarterly results after the market ends on August 13, 2007.

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