XOM is in effect raising the possible value of its bid and...

XOM is in effect raising the possible value of its bid and extending the
close date to March 31 2017.

"Dec 15 Interoil Corp
* Interoil-Exxonmobil agreed to purchase all issued,outstanding shares of co for consideration consisting of $45 per share payable in Exxonmobil shares
* Entered into amended and restated arrangement agreement with Exxonmobil that extends outside date of transaction to march 31, 2017
* Termination fee that may become payable by company in certain circumstances has been increased from $67 million to $100 million
* New record date set for January 10, 2017 for shareholder meeting anticipated in mid-February 2017
* Company expects to mail revised mic in mid-January 2017
* Under terms, Exxonmobil also agreed to make a contingent resource payment
* CRP to provide for additional cash payment of about $7.07 per co share for each tcfe gross resource certification of Elk-Antelope field above 6.2 tcfe"