WWW.INTEROIL.COM 2012 Third Quarter Results Conference Call Presentation - November 15, 2012 Phil Mulacek Chief Executive Officer
Opening Remarks Phil Mulacek - CEO Page 3
Group Activity and Results Third Quarter 2012 Results: Third quarter profit of 5.7 million reflects the improvement in oil and refined product prices experienced during the quarter and continueing growth in the PNG economy. Operating…
Group Quarterly Consolidated Results Net Profit - Trend 3 years 30 20 10 Millions 0 3Q:12 2Q:12 1Q:12 4Q:11 3Q:11 2Q:11 1Q:11 4Q: 10 3Q:10 2Q:10 1Q:10 4Q:09 -10 -20 -30 -40 Key items for…
Financial Position Summary Financial Position - Trend 3 years 1,400,000,000 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 -600,000,000 10 1, 2016 1 1,…
Change in Current Assets less Current Liabilities Nine Months Ended September 30, 2012 300.0%% 250.0%% 227m% 200.0%% USDollars(Millions) 150.0%% 41m% 103m% 100.0%% 6m% 4m% 50.0%% 175m% ,%% Opening%CA%,%CL%…
Group Debt Optimization Capacity as at September 30, 2012 Current 13% Geared 50% Geared Open Debt Borrowing Level Borrowing Level Capacity=37% Debt Quantum (m) 102 754 655 The graph above does not incorporate the 100 million…
Comparatively Simple, Low-Cost Integrated Gulf LNG Development Map DevelopmentMap% Upstream Gas Project Petroleum Development Licence Elk and Antelope Fields PDL Elk Antelope Elk Antelope fields, - 8.59 tcf Recoverable Sales Gas, and…
Conceptual Design For Gulf LNG - Inland Option
Refinery and Distribution Business Segment Update Bill Jasper - President Page 12
Refinery & Distribution Volumes Total refinery throughput for the quarter ended September 30, 2012 was 23,980 barrels per operating day, compared with 23,797 barrels per operating day during the quarter ended September 30, 2011.…
Refining and Distribution Operations PNG Economy Expanding We believe that the PNG economy remains strong with continued robust activity in the resource sector although this is tempered by certain construction projects for the…
Upstream Operations David Holland Page 15
Antelope-3 Well Nearing Top Of Reef Antelope-3 well is progressing on schedule The Antelope-3 well was spud on September 30, 2012. Subsequent to the quarter, the well was drilled to a depth of 3,642 feet, (1,110 meters), at which…
Preparations Underway For the Spudding Of The Elk-3 Delineation Well Elk-3 well spud preparations Pre-spud preparation at the Elk-3 delineation well site is nearing completion. We have begun mobilization of our Rig 3 to the field.…
Upstream Development Camp and Field Roadways Aid Logistics Page 18
Hou Creek Provides Northern Logistic Hub For The Elk, Antelope and Triceratops Fields Page 19
Triceratops Analysis And Discussions With PRE Are Being Finalized Pacific Rubiales Energy (PRE) Farm-In agreement has progressed. On July 27, 2012, InterOil executed a farm in agreement with Pacific Rubiales Energy Corp. (PRE) for…
Triceratops-2 Well Results Indicate Another Significant Discovery Seismically defined structural closure of over 125 Km2. Triceratops-1 0 2 4 Bwata Kilometres Fault Seismic data indicates there is an enormous attic in…
Antelope and Triceratops invalidate old palaogeographic models The discovery of the Antelope shallow marine carbonate platform and reef complex onshore in the Eastern Papuan Basin did not fit existing basin models that were developed…
Composite Bathymetry and Topography Modern Day Gulf of Papua The Gulf of Papua has modern day reefs that have survived sea level rise, drowned reef that did not and to the north buried reefs that are of obvious interest for…
Preparations At Tuna And Wahoo/Mako Drilling Locations Are Underway The acquisition of the Seismic Strike KW08IOL12 and TU04IOL12 and processing of the data has been completed. Detailed mapping of InterOils recent seismic and available…
Closing Remarks Phil Mulacek - CEO Page 25
InterOil Has Created Value and Has Upside Potential InterOil is currently trading with a resource valuation of approximately 0.52 per mcf IOC enterprise value 2.9 Billion, as of November 13, 2012 (59 per share) IOC ownership of Elk…
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