iop news - merger in doubt?

http://www.nsxa.com.au/ftp/news/021727703.PDF

International Petroleum signs binding agreements for sale of Russian and
Kazakhstan assets for US$60 million

International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”) has entered
into two binding conditional terms sheets (individually “Terms Sheet” or together “Terms Sheets”) with an
unrelated company incorporated in Hong Kong (“Buyer”) to sell its assets in Kazakhstan (“Kazakhstan
Assets”) and Russia (“Russian Assets”) for US$60 million. [extract] DYOR, AIMHO.