SINGAPORE and
PORT MORESBY, Papua New Guinea,
Dec. 17, 2014 /PRNewswire/
-- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) has
appointed former Australasian BP oil and gas executive Katherine Hirschfeld to its board.
Ms Hirschfeld, 54, is a chemical engineer whose career has
included 20 years with BP in leadership and executive roles in oil
refining, logistics, exploration and production in Australia, New
Zealand, the United Kingdom
and Turkey.
Before her retirement in 2010, Ms Hirschfeld was an Executive
Director, BP Australasia, with responsibility for strategy and
performance of BP's Australian and New
Zealand refining and marketing business.
She is a non-executive director of the major Australian
engineering group, Transfield Services Ltd, and waste management
firm Toxfree Solutions Ltd, both of which are listed on the
Australian Securities Exchange.
Ms Hirschfeld is also on the board of ASC Pty Ltd, the
Australian Government's wholly owned naval shipbuilding company,
and UN Women Australia, the United Nations entity responsible for
promoting women's empowerment and gender equality.
She is a fellow of the Australian Academy of Technological
Sciences and Engineering, Engineers Australia and the Institution
of Chemical Engineers (UK) and is on the governing senate of The
University of Queensland.
International exposure and solid board experience
InterOil Chairman Chris Finlayson
said Ms Hirschfeld had solid board experience and international
exposure across oil and gas.
"She has run multi-billion-dollar businesses employing thousands
of people and dealt with wide-ranging stakeholder groups during a
successful career with a multi-national company," Mr Finlayson
said.
"Her track record enables her to offer a diverse perspective to
board discussions."
Ms Hirschfeld's appointment is effective from January 1, 2015.
About InterOil
InterOil Corporation is an independent oil and gas business with
a primary 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 licences
covering about 16,000sqkm. The company employs more than 2,000
staff and contractors. Its main offices are in Singapore and Port
Moresby. InterOil is listed on the New York and Port
Moresby stock exchanges.
Investor Contacts
Singapore
|
Singapore
|
United
States
|
Michael
Lynn
Senior Vice
President
Investor
Relations
|
David Wu
Vice
President
Investor
Relations
|
Meg
LaSalle
Investor
Relations
Coordinator
|
T: +65 6507
0222
E:
michael.lynn@interoil.com
|
T: +65 6507
0222
E:
david.wu@interoil.com
|
T: +1 281 292
1800
E:
meg.lasalle@interoil.com
|
Media Contacts
Singapore
|
Australia
|
|
Robert
Millhouse
Vice
President
Corporate
Affairs
|
John Hurst
Cannings
Corporate
Communications
|
|
T: +65 6507
0222
E:
robert.millhouse@interoil.com
|
T: +61 418 708
663
E:
jhurst@cannings.net.au
|
|
Forward Looking Statements
This media release includes "forward-looking statements" as
defined in United States federal
and Canadian securities laws. All statements, other than statements
of historical facts, included in this release that address
activities, events or developments that InterOil expects, believes
or anticipates will or may occur are forward-looking statements.
These statements are based on our current beliefs as well as
assumptions made by, and information currently available to us. No
assurances can be given that these events will occur. Actual
results could differ, and the difference may be material and
adverse to the company and its shareholders. Such statements are
subject to several assumptions, risks and uncertainties, many of
which are beyond the company's control, which may cause our actual
results to differ materially from those implied or expressed by the
forward-looking statements. Some of these factors include risks
discussed in the company's filings with the Securities and Exchange
Commission and on SEDAR, including but not limited to those in the
company's Annual Report for the year ended 31 December 2013
on Form 40-F and its Annual Information Form for the year ended
31 December 2013. In particular,
Papua New Guinea has no
established market for natural gas or gas condensate and no
guarantee that gas or gas condensate from the Elk and Antelope
fields will ultimately be extracted and sold commercially.
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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/former-bp-executive-joins-board-300011057.html
SOURCE InterOil Corporation