InterOil is building 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 all 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. Additional information can be found at InterOil's web site www.interoil.com.

"We are pleased to welcome InterOil to the growing number of energy companies listed on the American Stock Exchange," said John McGonegal, senior vice president of the Amex Equities Group. "As an emerging leader in the energy sector, the Amex looks forward to working with them in building increased investor awareness and visibility within the investment community."

"We are excited about InterOil's securities being listed on the American Stock Exchange and view our listing as a platform for investor liquidity and growth as we complete our transition from a construction project to cash flow." stated Mr. Phil Mulacek, CEO and Chairman. "The exposure to the U.S. equity markets will also benefit us and our shareholders as InterOil's oil and gas exploration program achieves success."

The specialist in InterOil Corporation will be Kellogg Capital Group. For further information on IOC and other Amex-listed companies, please visit www.amex.com.