Big Game? An Enron Survivor Hunts for Riches

THE South Pacific islands of Papua New Guinea, where canned mackerel occasionally serves as currency and cannibalism was once on the menu, are a long way from the corporate jungles where Enron was born.

Yet amid the wreckage of Enron, the energy giant that went bankrupt in 2001, is a leftover sliver of the company that is still doing business in Papua New Guinea: an oil refinery near the country

In November, the relatively obscure Houston company that owns most of that refinery, the InterOil Corporation, made the kind of announcement investors crave: explorations near the refinery had uncorked a vast pool of natural gas potentially larger than the United States