InterOil to Present at the Papua New Guinea Petroleum Showcase Conference in Sydney, Australia
Marketwire
October 29, 2007: 08:30 AM EST

InterOil Corporation (TSX: IOL)(AMEX: IOC)(POMSoX:IOC) today announced that Mr. Phil Mulacek, Chairman and Chief Executive Officer of InterOil, will be presenting at the Papua New Guinea Petroleum Showcase conference that is being held in Sydney, Australia on October 29, 2007. The conference will focus on eight case studies from Australian and International companies. The title of InterOil's presentation will be - Building an integrated energy company - the story of InterOil.

In addition Dr. Jack Hamilton, Chief Executive Officer of Liquid Niugini Gas Ltd., will be presenting at the same conference on October 30, 2007.

Presentation slides will be available on InterOil's website: www.interoil.com on October 29, 2007 Australian time. A link to the Liquid Niugini Gas Ltd. presentation will be available on the InterOil website or at: www.liquidniuginigas.com - on October 30, 2007 Australia time.

COMPANY DESCRIPTION

InterOil Corporation is developing a vertically integrated energy business whose primary focus is Papua New Guinea and the surrounding region. InterOil's assets consist of petroleum licenses covering about 9 million acres, an oil refinery, and retail and commercial distribution facilities, all located in Papua New Guinea. During 2006, the company announced a gas and condensate discovery, completed an optimization program at the refinery, and doubled the downstream business by acquiring Shell's distribution assets in Papua New Guinea. In addition, InterOil is a shareholder in PNG LNG Inc., a Joint Venture with Merrill Lynch Commodities and Pacific LNG established to construct Papua New Guinea's first LNG plant on a site adjacent to InterOil's refinery in Port Moresby.

InterOil's common shares trade on the Toronto Stock Exchange under the symbol IOL in Canadian dollar and on the American Stock Exchange under the symbol IOC in US dollars. For more information please see the InterOil website at: www.interoil.com.

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