WWW.INTEROIL.COM 2012 Year End Results Conference Call Presentation - February 28, 2012 Phil Mulacek Chief Executive Officer
Opening Remarks Phil Mulacek - CEO Page 3
Group Activity and Results Fourth Quarter 2012 Results: Fourth quarter profit of 18.5 million reflects the improvement in oil and refined product prices experienced during the quarter and continuing growth in the PNG economy. The…
Group Quarterly Consolidated Results Net Profit - Trend 3 years 30 20 10 Millions 0 4Q:12 3Q:12 2Q:12 1Q:12 4Q:11 3Q:11 2Q:11 1Q:11 4Q: 10 3Q:10 2Q:10 1Q:10 -10 -20 -30 -40 Key items for…
Financial Position Page 8
Change in Current Assets less Current Liabilities Year Ended December 31, 2012 300.0 250.0 227m 221m 200.0 US Dollars (Millions) 150.0 40m 106m 100.0 59m 50.0 1m - Opening CA - CL Invest Gulf Project…
Group Debt Optimization Capacity Current 19% Geared 50% Geared Open Debt Borrowing Level Borrowing Level Capacity=31% Debt Quantum (m) 179 778 599 Page 10
Refinery and Distribution Business Segment Update Bill Jasper - President Page 11
Refining and Distribution Operations PNG Economy Expanding The PNG economy continued to grow strongly throughout 2012, largely due to resource development projects, which has also led to growth in our aviation and retail businesses…
Upstream Operations David Holland Page 14
Recommencement of Drilling Operations 2012 saw the recommencement of InterOils drilling activity with great success. The Triceratops-2 well commenced on January 15 and was a suspended as a new gas condensate discovery on August 13…
Antelope-3 Well Penetrated The Top Of The Reservoir High To Prognosis Antelope-3 well penetrated the top of the reservoir 217 feet above the predrill estimate The Antelope-3 well was spud on September 30, 2012. The well penetrated…
Antelope-3 Log Results Fully Support Our Reservoir Model N S 2.8 km 0.94 km 2.6 km Elk-4 1.73 miles Antelope-1 0.6 miles Antelope-3 1.62 miles Antelope-2 Gas Water Contact Hydrocarbon Feet Net Well Name Column Of To…
Third Party Resource Estimate Elk and Antelope Structure Total Contingent Resource Estimate for Gas and Condensate for the Elk and Antelope Fields As at December 31, 2012 Case An evaluation of the potential Low Best High resources…
Third Party Resource Estimate Triceratops Structure Total Contingent Resource Estimate for Gas and Condensate for the Triceratops Field As at December 31, 2012 Case An evaluation of the potential resources of gas and condensate for…
Triceratops-2 Contingent Resource Area North The PPL237 Joint Venture will Triceratops commence additional seismic acquisition and drilling in 2013 to further explore and delineate the prospective areas Prospective…
Triceratops Analysis and Discussions With PRE are Being Finalized Pacific Rubiales Energy (PRE) executed JVOA for Triceratops and PPL 237. On November 29, 2012, the Joint Venture Operating Agreement (JVOA) and related documents…
Surrounding Leads and Prospect Inventory to Fuel Long-Term Growth Page 22
Closing Remarks Phil Mulacek - CEO Page 23
InterOil Has Created Value and Has Upside Potential InterOil is currently trading with a resource valuation of approximately 0.62 per mcfe IOC enterprise value 3.7 Billion, as of February 27, 2013 (74 per share) IOC ownership of…
An Energy Development Company With Significant Exploration Potential Thank You
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