InterOil Corp. (IOC)

[bdahl385]

When you drill World record wells like this PR, it's no doubt the SP will follow:

INTEROIL’S ANTELOPE-2 WELL FLOWEDATA WORLD RECORD
RATE OF 705 MMCFD INCLUDING 11,200BBLS PER DAY OF
CONDENSATE

December 1, 2009 --Houston, Texas and Cairns, Australia -InterOil Corporation
(NYSE: IOC) (POMSoX: IOC) today announcedthatits Antelope-2 well flowed at 705million
cubic feet of natural gas per day (MMCFD) including11,200barrels of condensate per day (BCPD)
for a total 129,000barrels of oil equivalent per day (BOEPD). The surface flowing tubing pressure
was1,258 psi through a 6.0inchcapacity choke that was opened to 4 3/8 inches.
The Antelope field confirms Papua New Guineaas a world class gas resource base in close
proximity to the largest and most well developed LNG market in the world.The Antelope-2and
previous wells, have confirmed over 1.2 Bcf/dof productivecapacity.Additionally the condensate
ratio established at the top of the Antelope reservoir further enhancesthe economic viability of the
proposed condensate stripping facility. Updated third party resource estimateswill bereleased
whencompleted.