InterOil

For the Norwegian company named InterOil, see InterOil Exploration and Production.

InterOil Corporation

Type	Public
Traded as	(NYSE: IOC)
Industry	Oil and gas
Founded	1997
Headquarters	Port Moresby, Papua New Guinea; Singapore
Area served	Papua New Guinea
Key people	Michael Hession Chief Executive Officer Don Spector Chief Financial Officer Jon Ozturgut Chief Commercial Officer
Number of employees	2000 (2014)
Website	www.interoil.com

InterOil Corporation is an independent oil and gas business with a primary focus on Papua New Guinea. InterOil’s assets include one of Asia’s largest undeveloped gas fields, Elk-Antelope, in the Gulf Province. The company employs more than 2000 staff and contractors. Its main offices are in Singapore and Port Moresby. InterOil was formed in 1997 and is incorporated in Canada. The company is listed on the New York Stock Exchange and the Port Moresby Stock Exchange. It has a market capitalization of $2.8 billion.

On February 17, InterOil announced its onshore Antelope-5 appraisal well found a reservoir in Papua New Guinea’s Gulf Province.

It has the following assets:

− Exploration: Oil & Gas Exploration licenses to 3.9 million acres (an area larger than Qatar)

− Development: Elk-Antelope in Petroleum Retention License 15, being developed as PNG’s second major LNG project with supermajor Total and Oil Search