InterOil Sets Third Quarter 2009 Earnings Release and Conference Call Date

HOUSTON and CAIRNS, Australia, Oct. 26 /PRNewswire-FirstCall/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) today announced that it will release financial and operating results for the third quarter, after the market closes for trading on Wednesday, November 4th, 2009 with full text of the news release and accompanying financials available on the company's website at: www.interoil.com. A conference call will be held on Thursday, November 5th, 2009 at 7:30 a.m. Central (8:30 a.m. Eastern) to discuss the financial and operating results, as well as the company's outlook.

The conference call can be heard through a live audio web cast on the company's website at www.interoil.com or accessed by dialing (612) 332-0228. A replay of the broadcast will be available soon afterwards on the website.

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 4.6 million acres, an oil refinery, and retail and commercial distribution facilities, all located in Papua New Guinea. In addition, InterOil is a shareholder in a joint venture established to construct an LNG plant on a site adjacent to InterOil's refinery in Port Moresby, Papua New Guinea. The Company is headquartered in Cairns, Australia and has offices in Houston, Texas, Port Moresby, Papua New Guinea and Singapore. InterOil's common shares trade on the NYSE in US dollars.

    FOR INVESTOR RELATIONS ENQUIRIES:

    Wayne Andrews                  Anesti Dermedgoglou
    V.P. Capital Markets           V.P. Investor Relations
    Wayne.Andrews@InterOil.com     Anesti@InterOil.com
    The Woodlands, TX USA          Cairns Qld, Australia
    Phone: 281-292-1800            Phone:  +61 7 4046 4600

SOURCE InterOil Corporation