InterOil Corp. (IOC) jumps on Exxon investment talk

Shares of InterOil Corp. (NYSE: IOC) rose 3.5% to $96.77. The company is in talks with Exxon Mobil about an Exxon investment in InterOil’s natural gas assets in Papua New Guinea, according to a report in The Wall Street Journal. Share volume was 168,000, nearly double its all-day average