InterOil Executes Joint Venture Operating Agreement With Pacific Rubiales Energy for Triceratops and PPL 237

InterOil Executes Joint Venture Operating Agreement With Pacific Rubiales 
Energy for Triceratops and PPL 237 
PORT MORESBY, Papua New Guinea and HOUSTON, Nov. 29, 2012 /CNW/ - InterOil 
Corporation (NYSE:IOC) (POMSoX:IOC) ("InterOil" or the "Company") announced 
that negotiations have been completed and the parties have executed the Joint 
Venture Operating Agreement (JVOA) and related documents associated with its 
Farm-In Agreement with Pacific Rubiales Energy Corp. (TSX:PRE; BVC: PREC; 
BOVESPA: PREB) ("PRE"), pursuant to which PRE will acquire a 10.0% net (12.9% 
gross) participating interest in Petroleum Prospecting License 237 ("PPL 237") 
onshore Papua New Guinea, including the Triceratops structure and exploration 
acreage located within that license.  This announcement is made further to the 
Company's announcement on July 30, 2012 that it had executed a Farm-In 
Agreement with PRE. 
Signing of the JVOA and related documentation accomplishes one of the key 
milestones to final completion of the Farm-In transaction, which remains 
subject to previously announced closing conditions and approvals. 
"InterOil and its partners are pleased to have completed the JVOA with Pacific 
Rubiales Energy. The process has enhanced our working relationship and 
commitment to a mutually beneficial joint venture," stated Mr. Phil Mulacek, 
Chief Executive Officer of InterOil. 
About InterOil 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 3.9 
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 liquefaction 
facilities in Papua New Guinea. 
InterOil's common shares trade on the NYSE in US dollars. 
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|Investor Contacts for InterOil                                                                                          
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|Wayne Andrews                                                                                              |Meg 
LaSalle                                                                                            |
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|V. P. Capital Markets                                                                                      |Investor 
Relations Coordinator                                                                         |
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|Wayne.Andrews@InterOil.com|Meg.LaSalle@InterOil.com|
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|The Woodlands, TX USA                                                                                      |The 
Woodlands, TX USA                                                                                  |
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|Phone: +1 281-292-1800                                                                                     |Phone: +1 
281-292-1800                                                                                 |
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Investors are urged to consider closely the disclosure in the Company's Form 
40-F, available from us at www.interoil.com or from the SEC at www.sec.gov and 
its Annual Information Form available on SEDAR at www.sedar.com. 
http://www.interoil.com 
SOURCE: InterOil Corporation 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/November2012/29/c4674.html 
CO: InterOil Corporation
ST: Texas
NI: OIL UTI VNT  
-0- Nov/29/2012 13:11 GMT
 
 
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