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InterOil Corporation

 
Hoover's Profile: InterOil Corporation
(NYSE:IOC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
InterOil Corporation
Level 1, 60-92 Cook St.
Cairns, Queensland 4870, Australia
Tel. +61-7-4046-4600
Fax +61-7-4031-4565

Type: Public
On the web: http://www.interoil.com
Employees: 620
Employee growth: (4.9%)

Getting into oil is a slippery business, but one embraced by InterOil Corporation, which is focused on developing an integrated energy business in Papua New Guinea and the surrounding region. In addition to operating a 36,000 barrel-per-day refinery and retail assets, InterOil has begun an extensive exploration program on its 4.6 million net acre property in Papua New Guinea, northwest of Port Moresby. Most of the refined products from InterOil's refinery are secured by contracts with Royal Dutch Shell and InterOil's subsidiary, InterOil Products Limited. InterOil secures crude oil supply for its refinery though a contract with BP Singapore.

Key numbers for fiscal year ending December, 2008:
Sales: $919.7M
One year growth: 45.9%
Net income: ($11.8)M

Officers:
Chairman and CEO: Phil E. Mulacek
President and COO: William J. Jasper III
CFO: Collin Visaggio

Competitors:
Lundin Petroleum
Oil Search
Woodside Petroleum

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