SINGAPORE and PORT MORESBY, Papua New Guinea, Oct. 16, 2014 /CNW/ -- InterOil Corporation
(NYSE: IOC, PoMSOX: IOC) announces that Dr Gaylen Byker has formally retired as Chairman
and as director and has been replaced as Chairman by Chris Finlayson, effective immediately. The
changes are in keeping with an announcement made by the company on
August 10, 2014.
Mr Finlayson paid tribute to Dr Byker who joined the InterOil
board in 1997. "Gaylen has given a large part of his professional
life to the company and can feel justifiably proud of his
achievements," he said.
About InterOil
InterOil Corporation is an independent oil and gas business
with a primary focus on Papua New
Guinea. InterOil's assets include one of Asia's largest undeveloped gas fields,
Elk-Antelope, in the Gulf Province, and exploration licences
covering about 16,000sqkm. The company employs more than 2,000
staff and contractors in its upstream business. It has its main
offices in Singapore and
Port Moresby. InterOil is listed
on the New York and Port Moresby stock exchanges.
Investor
contacts
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Singapore
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Singapore
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United
States
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Mike
Lynn
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David
Wu
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Meg
LaSalle
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Senior Vice President, Investor Relations
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Vice President, Investor Relations
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Investor Relations
Coordinator
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Michael.lynn@interoil.com
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David.Wu@InterOil.com
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Meg.LaSalle@InterOil.com
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Phone:
+65-6507-0222
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Phone:
+65-6507-0222
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Phone:
+1-281-292-1800
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Media
contacts
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Singapore
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Australia
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Rob
Millhouse
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John Hurst
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Vice President,
Corporate Affairs
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Cannings Corporate Communications
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Robert.Millhouse@InterOil.com
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jhurst@cannings.net.au
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Phone:
+65-6507-0222
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Phone: +61 418 708
663
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Forward Looking Statements
This media release includes "forward-looking statements" as
defined in United States federal
and Canadian securities laws. All statements, other than statements
of historical facts, included in this release that address
activities, events or developments that InterOil expects, believes
or anticipates will or may occur in the future are forward-looking
statements. These statements are based on our current beliefs as
well as assumptions made by, and information currently available to
us. No assurances can be given however, that these events will
occur. Actual results could differ, and the difference may be
material and adverse to the company and its shareholders. Such
statements are subject to several assumptions, risks and
uncertainties, many of which are beyond the company's control,
which may cause our actual results to differ materially from those
implied or expressed by the forward-looking statements. Some of
these factors include the risks discussed in the company's filings
with the Securities and Exchange Commission and on SEDAR, including
but not limited to those in the company's Annual Report for the
year ended 31 December 2013 on Form
40-F and its Annual Information Form for the year ended
31 December 2013. In particular,
there is no established market for natural gas or gas condensate in
Papua New Guinea and no guarantee
that gas or gas condensate from the Elk and Antelope fields will
ultimately be able to be extracted and sold commercially.
SOURCE InterOil Corporation