InterOil plummets on Elk-2 results

SHARES in Toronto-listed InterOil plunged for a second straight day, falling almost 19% to $C27.96 ($US26.12) on Wednesday after the company released early results from its Elk-2 appraisal well in eastern Papua New Guinea.

InterOil plummets on Elk-2 results InterOil plummets on Elk-2 results InterOil plummets on Elk-2 results InterOil plummets on Elk-2 results InterOil plummets on Elk-2 results

The stock had dropped 27% or $C12.57 on Tuesday.

An interim drill stem test at Elk-2 had resulted in the flow of a limited amount of gas from the top of the target Puri limestone section.

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