InterOils value-enhancing transaction with ExxonMobil August 2016
Delivering compelling value for InterOil shareholders InterOil shareholders to receive 45 per share in ExxonMobil stock for each share held Material and Share consideration delivers immediate and material premium of: immediate 42.2%…
Summary of InterOils proposed transaction with ExxonMobil ExxonMobil to acquire InterOil in a transaction worth more than US2.5 billion(1) InterOil shareholders to receive US45.00 in ExxonMobil common stock and a Contingent Resource…
Material and immediate premium for shareholders (US per share) 6.2 tcfe 7.0 tcfe 8.0 tcfe 9.0 tcfe 10.0 tcfe Share consideration 45.00 45.00 45.00 45.00 45.00 CRP - potential value(1) 5.66 12.73 19.80 26.87 US7.07 per InterOil…
with CRP providing exposure to resource volume upside Direct cash payment to shareholders Upside exposure to resource certification of Elk-Antelope Benefits of CRP ExxonMobil is aligned with InterOil shareholders to ensure a robust…
and benefit from attractive ExxonMobil share consideration Comparison of total share return ( per share) ExxonMobil competitive advantages: Rebased to ExxonMobils share price (US dollar terms)(1) 140 High quality, diverse asset base…
A superior proposal for InterOil shareholders The InterOil Board of Directors, in consultation with its Upfront offer price per InterOil share independent legal and financial advisors, determined in good +12% +42% 45.00 faith that…
which significantly enhances value Combined offer value per InterOil share(1) ExxonMobils proposal provides InterOil shareholders with a Oil Search proposal (2) superior combined offer value ExxonMobil proposal 75.30 12% higher…
ExxonMobils superior proposal has received strong support from market commentators The new buyout proposal has been determined by InterOils Board to be superior such a bidding war involving E&P companies is practically unheard of, so…
Current status of the proposed transaction 12
Transaction timeline Plan of Arrangement under Business Corporations Act (Yukon); requires approval of 66 2/3% of voting shareholders and court approval Information Circular released to shareholders on August 19, 2016 Special Meeting…
A vote for the proposed transaction is a vote FOR A material and immediate premium to InterOils share price A CRP that provides a direct cash payment to shareholders based on the value upside from Elk-Antelope resource…
Proxy Information To Be Counted Vote Online Vote by Phone All proxies must be received by www.proxyvote.com US 1-800-454-8683 12:00PM EDT on September 19, 2016 Canada 1-800-474-7493 19 For assistance David Wu, Senior Vice…
Appendix 16
ExxonMobil is committed to a robust and accurate certification of Elk-Antelope Antelope-7 appraisal well (planned to spud in Oct-16) is designed to Pac LNG certifications by Gaffney Cline/NSAI(1) confirm the western flank of the field…
ExxonMobil is positioned to maximize value of LNG developments in PNG ExxonMobil has a long history in PNG, having conducted business in PNG LNG site the country since 1922 Strong relationships with the government and community…
Thank You For more information, please contact: david.wuinteroil.com Senior Vice President, Investor Relations 19
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