InterOil Corporation
TSX : IOL
AMEX : IOC

InterOil Corporation

February 21, 2007 23:28 ET

InterOil to Present at Raymond James 28th Annual Institutional Investors Conference

TORONTO, ONTARIO--(CCNMatthews - Feb. 21, 2007) - InterOil Corporation (TSX:IOL)(AMEX:IOC)(POMSoX:IOC), today announced that Mr. Phil Mulacek, Chairman and Chief Executive Officer, will present on March 5, 2007 at 11:35am ET at the Raymond James 28th Annual Institutional Investor Conference that is being held in Orlando, USA.

A link to the live web cast of this presentation will be available at www.interoil.com. An audio replay of the broadcasts and the presentation slides will also be made available soon after the live event on our website.

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, retail and commercial distribution assets and targeting expansion into Liquefied Natural Gas (LNG). 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 is widely recognized as being the largest value added processing facility in PNG.

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.

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