Q1 2015 Update For the three months ended March 31, 2015 May 12, 2015
Q1 2015 Overview Appraisal results underpin multi-train LNG Antelope-5 well results very encouraging Initial interpretation of integrated seismic, high-definition gravity data and reservoir structure support upside potential…
Elk-Antelope: Antelope-4 Good reservoir quality extends into southern flank Antelope-4 intersected top reservoir at 1,911m (6,270ft) TVDSS* with positive results 300m (984ft) gross gas column Top reservoir cored with recovery of 33m…
Elk-Antelope: Antelope-5 New data supports potential upside Antelope-5 reached total depth of 2,307m (7,569ft) TVDSS with total drilling time of 63 days Antelope-5 intersected top reservoir at 1,534m (5,033ft) TVDSS 680m (2,231ft)…
Elk-Antelope: Antelope-5 well testing Well testing underway Test program to evaluate connectivity throughout reservoir 1,200 hours of testing on Elk-Antelope Clean-up flow constrained to 74 MMSCFD through two parallel chokes of 60/64…
Elk-Antelope: Antelope-6 Site preparation underway Antelope-6 to determine reservoir structure Provides important data on reservoir: Structural control Reservoir properties Extent of dolomitization Spudding expected 2H…
Program to unlock 17 Tcfe potential Triceratops Bobcat Elk-Antelope 69.1% Interest Expected mid-2015 78.6% Interest Potential 2-train LNG development 8 Tcfe Raptor 66.2% Interest Elk-Antelope 36.5% Interest Gross, unrisked…
Triceratops-3 (PRL39) Expected spud mid-year Step-out from original appraisal area Chasing additional upside in field Triceratops-3 targeting additional volumes north-west of previous appraisal wells 35km north-west of Antelope…
Wahoo (PPL474) Expected spud mid-2015 Wahoo tests whether the successful trends identified around PRL15 extend 150km south-east Well suspended in July 2014 following higher-than- expected pressures that may have compromised safety…
Financial Update Q1 Highlights ( thousands, except per share data) 2015 2014 Interest revenue 11,412 53 Continue to receive strong Other 1,803 1,850 support from banks Total revenue 13,215 1,903 CS led facility now extended…
Strong balance sheet AT DECEMBER 31, 2014 Q1 MOVEMENT MAR 31, 2015 Q1 expenditure USm 34m expenditure on: Bobcat-1 testing 1,000 Wahoo-1 side track 900 Antelope-4 drill Antelope-5 drill 800 Antelope-6 preparation 12…
Summary Enable Through right partner Develop With a material interest and funding in producing asset Our strategy is clear, concise and repeatable Dr Michael Hession Chief Executive Officer Find Hydrocarbons safely and…
Thank You For more information, please contact: michael.lynninteroil.com Senior Vice President, Investor Relations david.wuinteroil.com Vice President, Investor Relations
Profile: InterOil Corporation (NYSE:IOC) Leading Asian E&P company with Papua New Guinea, LNG for Asia LNG focus ExxonMobil-operated PNG LNG, Focus on Papua New Guinea delivered first LNG cargo in 2014 Discovered Elk-Antelope one…
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