InterOil Corporation
TSX : IOL
AMEX : IOC

InterOil Corporation

November 09, 2005 20:06 ET

InterOil Announces Investor Conference Call to be Held on November 15, 2005

TORONTO, CANADA--(CCNMatthews - Nov. 9, 2005) - InterOil Corporation (TSX:IOL) (AMEX:IOC), a Canadian company with operations in Papua New Guinea today announced that it plans to hold a conference call on Tuesday November 15, 2005 at 08:00 a.m. Eastern to review its financial and operational results for the quarter ended September 30, 2005. InterOil plans to release its financial results after the market closes on November 14, 2005.

The conference call phone number is (877) 777-1973 for U.S. callers and (612) 332-0335 for international callers. You may listen to the conference by using the following link http://65.197.1.5/att/confcast/802477 followed by clicking on one of the links as indicated. Alternatively, you may visit our website where a link to the conference call has been provided.

A replay of the second-quarter conference call will be archived on our web site at www.interoil.com.

InterOil is developing a vertically integrated energy company whose primary focus is Papua New Guinea and the surrounding region. Its assets comprise an oil refinery, upstream petroleum exploration licenses, and retail and commercial distribution assets. The majority of the refined products from InterOil's refinery are secured by off-take contracts with Shell and InterOil's wholly-owned subsidiary, InterOil Products Limited. BP Singapore is InterOil's agent for crude oil supplied to the refinery. InterOil is also undertaking an extensive petroleum exploration program within its eight million acre license area located in Papua New Guinea.

InterOil's common shares trade on the Toronto Stock Exchange under the symbol IOL in Canadian dollar and on the American Stock Exchange under the symbol IOC in US dollars. For more information please see the InterOil website at: www.interoil.com.

Cautionary Statements

This press release contains forward-looking statements. All statements, other than statements of historical facts, included in this release, including without limitation, statements regarding our drilling plans, business strategy, plans and objectives of management for future operations and those statements preceded by, followed by or that otherwise include the words "believe", "expects", "anticipates", "intends", "estimates" or similar expressions or variations on such expressions are forward-looking statements. The Company can give no assurances that such forward-looking statements will prove to be correct. Risks and uncertainties include, but are not limited to, the existence of underground deposits of commercial quantities of oil and gas; fluctuations in prices for oil and gas production; curtailments or delays in development due to mechanical, operating, marketing or other problems; capital expenditures that are either significantly higher or lower than anticipated because the actual cost of identified projects varied from original estimates; and from the number of exploration and development opportunities being greater or fewer than currently anticipated.

The Company currently has no reserves as defined under Canadian National Instrument 51-101 reserve definitions. See the Company's filings with the Canadian securities regulators for additional risks and information about the Company's business.

Contact Information

  • InterOil Corporation
    Anesti Dermedgoglou
    V.P., Investor Relations
    +61 7 4046 4600
    Cairns, Qld Australia
    Website: www.interoil.com