WWW.INTEROIL.COM 2012 Second Quarter Results Conference Call Presentation - August 14, 2012 Phil Mulacek Chief Executive Officer
Opening Remarks Phil Mulacek - CEO Page 3
Group Activity and Results Second Quarter 2012 Results: Second quarter loss of 31.7 million reflects the oil and refined product price declines experienced during the quarter. Rising commodity pricing in the third quarter to date has…
Group Quarterly Consolidated Results Net Profit - Trend 3 years 30 20 10 Millions 0 2Q:12 1Q:12 4Q:11 3Q:11 2Q:11 1Q:11 4Q: 10 3Q:10 2Q:10 1Q:10 4Q:09 3Q:09 -10 -20 -30 -40 Key items for…
Financial Position Summary Financial Position 1,200,000,000 1,000,000,000 800,000,000 600,000,000 400,000,000 200,000,000 0 -200,000,000 -400,000,000 June 30, 2012 December 31, 2011 June 30, 2011 Total…
Change in Current Assets less Current Liabilities Six Months Ended June 30, 2012 300.0 250.0 227m 200.0 US Dollars (Millions) 150.0 13m 28m 118m 100.0 117m 33m 50.0 - Opening CA - CL Invest Gulf Project and…
Group Debt Optimization Capacity Current 13% Geared 50% Geared Open Debt Borrowing Level Borrowing Level Capacity=37% Debt Quantum (m) 110 700 590 Page 9
Refinery and Distribution Business Segment Update Bill Jasper - President Page 10
Refining and Distribution Operations PNG Economy Expanding The PNG economy remains strong with continued robust activity in the resource sector with the ExxonMobil LNG project now well advanced in their development stage. This…
Exploration Update David Holland Page 13
Triceratops-2 Well Update and Key Events The Triceratops-2 well was spudded on January 15, 2012 The well reached total depth of 7,736 feet (2,236 meters) after a total of 98 days of drilling Completed wire line logging including…
Triceratops-2 Interpreted well log and DST Intervals Upper zone tested in DST7, 8 and 9 Gas Rate: 27 MMcfd DST9 CGR: 16-17 bbl/MMcfd (Bwata-1 Legacy 6.7) Gas Gravity: SG 0.672 to 0.706 CO2: 0.3 mol% H2S: Not recorded Gas…
Potential Tall Hydrocarbon Column Under Large Area Of Closure Seismically defined structural closure of over 125 Km2. Triceratops-2 and Bwata-1 Depth Pressure plots 400 300 Projected Highest Gas (see Map at left) 200 100 TT-2…
Triceratops Key Results The diagenetic features (presence of dolomite), biostratigraphy and FMI sedimentary facies interpretation support the interpretation that the Triceratops-2 well is on the flank of a shallow marine carbonate…
Forward Plans Triceratops Delineation Plan InterOil has suspended Triceratops-2 as a future producing well, and with the consent of the PNG Department of Petroleum and Energy, released the rig from the Triceratops-2 location.…
Planned Elk-3 and Antelope-3 Drilling Locations Hou Creek Camp Northern access to PRL 15 Elk-3 Drilling location
Closing Remarks Phil Mulacek - CEO Page 20
InterOil Has Created Value and Has Upside Potential InterOil is currently trading with a resource valuation of approximately 0.75per mcf IOC enterprise value 4.2 Billion, as of August 13, 2012 (87 per share) IOC ownership of Elk and…
Closing remarks and Corporate Operating Goals Near term corporate goals: Generate positive EBITDA from our operating businesses and have a positive year end financial outcome File an application for a PRL (Petroleum Retention…
An Energy Development Company With Significant Exploration Potential Thank You
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