SINGAPORE and PORT MORESBY, Papua New Guinea, Sept. 13, 2016 /PRNewswire/ -- InterOil
Corporation (NYSE: IOC; POMSoX: IOC) reminds shareholders that the
deadline to vote by proxy for the proposed transaction with
ExxonMobil Corporation (NYSE: XOM) (the "ExxonMobil Transaction") is
Monday, September 19, 2016 at
12:00 p.m. ET. InterOil shareholders
of record as of August 10, 2016 are
entitled to vote on the transaction in connection with the Special
Meeting that is scheduled to be held on September 21, 2016.
TIME IS SHORT -- VOTE "FOR" THE EXXONMOBIL TRANSACTION
TODAY
- To be counted, all proxies must be received by 12:00 p.m. ET on Monday,
September 19, 2016
- Vote online or by phone, following the instructions at
http://www.interoil.com/exxonmobil-transaction/how-to-vote/
- For assistance, contact Mackenzie Partners, Inc. at U.S. (800)
322-2885 and International +1 (212) 929-5500, or
iocproxy@mackenziepartners.com
- Additional information is available at
http://www.interoil.com/exxonmobil-transaction/
InterOil's Board of Directors has recommended that InterOil
shareholders vote "FOR" the ExxonMobil Transaction. The transaction
is expected to close by the end of September
2016.
LEADING PROXY ADVISORY FIRMS ALL
RECOMMEND
SHAREHOLDERS VOTE FOR THE TRANSACTION
The three leading proxy advisory firms, Institutional
Shareholder Services, Glass Lewis & Co. and Egan-Jones Proxy
Services have each recommended that InterOil shareholders vote in
favor of the ExxonMobil Transaction. InterOil's Board urges
shareholders to follow the unanimous recommendation of these proxy
advisory firms and vote "FOR" the ExxonMobil Transaction TODAY.
About InterOil
InterOil Corporation is an independent oil and gas business with
a sole focus on Papua New Guinea.
InterOil's assets include one of Asia's largest undeveloped gas fields,
Elk-Antelope, in the Gulf Province, and exploration licenses
covering about 16,000sqkm. Its main offices are in Singapore and Port
Moresby. InterOil is listed on the New York and Port
Moresby stock exchanges.
Additional information regarding the ExxonMobil transaction and
the upcoming shareholder meeting can be found in InterOil's
management information circular relating to the meeting, dated
August 16, 2016 which is available at
http://www.interoil.com/exxonmobil-transaction/ or with
InterOil's filings on http://www.sedar.com and
http://www.sec.gov.
Investor Contacts
Singapore
|
United
States
|
David Wu
Senior Vice
President
Investor
Relations
|
Cynthia
Black
Investor
Relations
North
America
|
T: +65 6507
0222
E:
david.wu@interoil.com
|
T: +1 212 653
9778
E:
cynthia.black@interoil.com
|
Media Contacts
Singapore
|
United
States
|
Ann Lee
Communications
Specialist
|
James Golden / Aaron
Palash
Joele Frank,
Wilkinson Brimmer Katcher
|
T: +65 6507
0222
E:
ann.lee@interoil.com
|
T: +1 212 355
4449
E:
ioc-jf@joelefrank.com
|
Forward Looking Statements
This communication includes "forward-looking statements". All
statements, other than statements of historical facts, included in
this communication are forward-looking statements. Such
forward-looking statements may include, without limitation,
statements regarding the pending transaction with ExxonMobil, the
holding of the Special Meeting and the timing of such Special
Meeting, the timing to consummate the proposed transaction with
ExxonMobil, the ability to satisfy the conditions to consummation
of the proposed transaction, and the timing or outcome of the
resource certification process for the Elk-Antelope field as
applicable to the CRP. These statements are based on the
current belief of InterOil, as well as assumptions made by, and
information currently available to InterOil. No assurances
can be given however, that these events will occur. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of InterOil,
which may cause actual results to differ materially from those
implied or expressed by the forward-looking statements. These
include in particular assumptions, risks and uncertainties relating
to the receipt of a final order from the Yukon court with respect to the transaction,
the risk that a condition to closing of the proposed acquisition
may not be satisfied, the risk that shareholder or other required
approval for the proposed acquisition is not obtained or is
obtained subject to conditions that are not anticipated, the timing
or outcome of the resource certification process for the
Elk-Antelope field as applicable to the CRP and other risk factors
discussed in InterOil's management information circular dated
August 16, 2016, its annual report
for the year ended December 31, 2015
on Form 40-F and its Annual Information Form for the year ended
December 31, 2015, and under the
heading "Factors Affecting Future Results" available through the
"Investors" section on ExxonMobil's website and in Item 1A of
ExxonMobil's 2015 Form 10-K. InterOil disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable laws. References to gas
resources in this release may include amounts that ExxonMobil or
InterOil believe will ultimately be produced but that are not yet
classified as "proved reserves" under U.S. SEC
definitions.
Legal Notice
None of the securities anticipated to be issued pursuant to the
ExxonMobil transaction have been or will be registered under the
United States Securities Act of 1933, as amended (the "U.S.
Securities Act"), or any state securities laws, and any securities
issued pursuant to the ExxonMobil transaction are anticipated to be
issued in reliance upon available exemptions from such registration
requirements pursuant to Section 3(a)(10) of the U.S. Securities
Act and applicable exemptions under state securities laws. This
document does not constitute an offer to sell or the solicitation
of an offer to buy any securities.
There can be no assurance that the transaction with ExxonMobil
will occur. The ExxonMobil transaction is subject to certain
approvals and the fulfillment of certain conditions, and there can
be no assurance that any such approvals will be obtained and/or any
such conditions will be met.
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SOURCE InterOil Corporation