InterOil Appoints Michael Hession As Chief Executive - Quick Facts

(RTTNews) - InterOil Corporation (IOC), an integrated oil and gas company, Thursday said it appointed Michael Hession as the Chief Executive Officer, effective today. Hession's career spans over 25 years of international exploration, operation and commercial experience, with the most recent one being a Senior Vice President at Browse LNG Development, a division of Woodside Energy Ltd. He began his career at BP International, and managed exploration projects in Indonesia, the United States and Norway.

"...The certified resource at the Elk and Antelope fields is sufficient for a multi-train development which could include the PNG LNG facility, and/or an LNG facility in the Gulf Province. The monetization of PRL 15 is anticipated to be a transformational event for InterOil. The interest in energy development in PNG has never been greater and we expect to bring in additional partners to accelerate our activities..." Hession said.